Jun 12
Top End of Town Drags Down the Rest Luxury suburbs are driving down the value of the Australian property market according to latest research released by RPData and Rismark.
Australian homeowners spared a rate rise Australians have been spared an interest rate rise following the Reserve Bank’s decision to keep the official cash rate on hold at 4.75 per cent, but Aussie John believes homeowners shouldn’t be complacent.
Housing Could be on the Way Up The downturn in housing could be turning around with new figures showing an uptick in the number of number of Australians seeking home loans in April.
Gen X and Baby Boomer buyers pessimistic about housing affordability Potential home buyers are feeling pessimistic about housing affordability as they struggle with rising living costs, a survey has found.
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Tags: Homeowners, Why Homeowners
Jun 12
The 5 bed, 4.5 bath, vintage 1961 home was built by architect Robert Skinner. Original details and the decor make this home an homage to groovier times, when homes featured courtyard entries, walls of glass, step down living rooms, and yes, wood paneling.
Architect Bruce Becket bought this house during the Bicentennial year, designing the kiddies wing and a wine cellar. Bring on the Chardonnay!
The sedate low-slung exterior gives no hint of the vividly colorful interior.
The step down living room features a brick faced surround on the fireplace and more walls of glass, opening to treetop views.
The kitchen features a butcher block counter-top and updated stainless appliances. Were guessing that at one time the fridge was Avocado Green or Harvest Gold.
Open to the fabulous pool, the family room features a bank of built in bookcases, sliding doors, and light wood paneling.
The family rooms reading nook gets plenty of natural light.
We applaud the use of color on the closet doors.
In a word..Formica!
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Jun 11
In an in-depth, data-driven special report, “10 Best Markets for Real Estate Investors,” Inman News analyzed hundreds of housing markets nationwide to develop a list of those that may be best suited for investors.
The full report — available at no charge at www.inman.com/reports/10-markets-invest/ — took into account economic, housing and demographic data from sources including median sales price data from CoreLogic, loan data from Lender Processing Services, foreclosure sales and discounts statistics from Realty Trac, InvestorScores from SmartZip, walkability scores from Walk Score, and population and unemployment data from the U.S. Census Bureau and the Bureau of Labor Statistics.
The data analyzed suggested that the 10 best markets for investors are: Indianapolis-Carmel, Ind.; Winchester, Va.-W.Va.; Gainesville, Fla.; Tucson, Ariz.; Tallahassee, Fla.; Hagerstown-Martinsburg, Md.-W.Va.; Salt Lake City; Richmond, Va.; Gainesville, Ga.; and Winston-Salem, N.C.
Seven out of the 10 markets are in the South, two are in the West, and one is in the Midwest.
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Tags: Estate Investors, Investors, Real Estate, Real Estate Investors
