16
Jun 2011
Recently, a new report was released from Fitch Ratings, a global ratings agency which details mortgage performance by postcode, showed that mortgage delinquency rate in Western Australia has increased while Queensland has made history as Australia’s worst state for mortgage defaults.
The Fitch Ratings report showed that a rise of 1.99 percent, from 1.94 per cent, was being observed from the mortgage delinquency rate in the six months to March in WA while Queensland was recorded with the highest number of mortgage holders that are in debts at 2 percent. more…
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02
Jun 2011
A survey data showed recently that Australian capital city dwellings’ values dropped by more than 1 per cent for the three months till April. This said to be due to the losses that occurred in the luxury property market.
With home values all across capital cities dropping by 1.2 per cent from the first quarter to April, Brisbane, Perth and luxury suburbs have continually pulled down the Australian housing market.
Latest survey data from RP Data-Rismark Hedonic Home Value Index shows that home designs in Brisbane fell by 3.1 percent while house designs in Perth fell by 3 percent for the quarter on a seasonally adjusted basis. more…
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Category: Australian Homes, Home Builders, Home Designs, Homes for Sale, House Builders, House Design, Houses for Sale, Real Estate for Sale
Tags: australia houses for sale, Home Builders, Home Designs, house bulders, houses designs
26
May 2011
The problem in Australia houses for sale prices has been bugging the property market for a number of years. The softening of the property market has become a serious issue as many problems have cropped up that affect the property market.
Just recently, it has been in the news that according to a top government advisory body, regardless of a strong demand in key areas and a loss of affordable housing, a projected feature on the property market for this decade is a flat property prices. more…
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19
May 2011
It has been in the news recently that the banks in Australia are refusing to finance loans to people who are interested to buy flooded homes. Banks are snubbing and refusing to finance loans of shrewd would be buyers who are desperate to snap up a bargain in the post-flood Ipswich property market.
According to Brett McGrath, the Herron Todd White senior valuer, in spite of the recorded 3300 homes being written off and the 1700 house plans designs needing repair which were all affected by January’s disaster, there are still plenty of shrewd and desperate buyers who want to purchase these damaged and flooded houses. more…
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Category: Australian Homes, Home Builders, Home Designs, Home Designs Plan, Home Loans, Homes for Sale, House Builders, House Design, House Plan, House and Land Packages
Tags: austalia houses for sale, Home Builders, home for sale, House and Land Packages, house plans designs
17
May 2011
With the increasing number of first-home buyers snatching up apartments and townhouses that may otherwise have been bought by investors, first-home buyers are now acquiring the benefits brought about by the sluggish Perth housing market.
According to the Real Estate Institute of WA, investors had lost interest in buying house & land packages due to the city’s over-priced properties; thus, decreasing competition and forcing down prices of house plans designs, particularly for multi-residential properties which usually attract investors. more…
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Category: Australian Homes, Display Homes, Home Builders, Home Designs, Home Designs Plan, Homes for Sale, House Builders, House Design, House and Land Packages, Houses for Sale, display houses
Tags: Australian house plans, Home Designs, home for sale, Homes for Sale, House and Land Packages, House Design
