Real Estate Blog

Sales of new homes rise, but miss forecasts - Aug. 26, 2008 – CNN Money

Also – the Data Quick / California Association of Realtors persistent median house price differences.

I note too - the Houston Association of Realtors is getting in to the “revision game” – adjusting previous months median house prices – in its latest Report

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PROPERTY valuer and real estate consumer advocate Iain Herriot believes the beaches are the place to get a bargain because of their tendency to rebound in value and because owners are keen to sell. read more

Residents of North Brighton may find they are living in the middle of a construction zone later this year, when prominent local developer Gillon Group and Sydney-based listed property giant Abacus Property Group expect to start building a $38 million shopping centre and office building in Bay Street. read more

Queensland Treasurer Andrew Fraser has called on the Reserve Bank to slash interest rates by half a percentage point next week. Mr Fraser said it was time to give struggling families a break. read more

DESPERATE tenants are being exploited by real estate agents using the housing crisis to drive up rents.
Would-be renters are spending months applying for dozens of properties in good faith, only to lose out due to dodgy tactics. read more

An outsize South-West beachfront property, which is still virgin land, is on the block after being held for more than 30 years by a syndicate. more

ONLINE real estate company REA Group has reported its biggest profit and says falling house prices will only strengthen its position as cash-strapped agents list online rather than take out expensive print advertisements. more

PROPERTY investors who think outside the square are expected to enjoy better returns this year than those who stick with traditional real estate. more

PROPERTY in regional Australia looks set to outperform the big cities, according to research by real estate analyst …more

It would appear the worlds Central Bankers had a “confusing time” at their annual retreat at Jackson Hole, Wyoming, USA – if this article from the Financial Times Bankers caught between hope and despair is any guide.

Let’s hope the “Hole” wasn’t too big between hope and despair!

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