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A 50 Percent Backflip on House Price Predictions
In the middle of last year CBA wrote a report suggesting house prices in Australia could fall by 32 percent in a worst case scenario due to COVID and the economic fallout thereafter. The media had an absolute field day, taking the report out of context and splashing headlines such as “Property prices to plummet […]
Read more “A 50 Percent Backflip on House Price Predictions”Spring is Coming Early…
This week, while still mid-winter, marks the end of a calm and slow period of real estate with only a handful of auctions and sales taking place over the quiet winter school holiday period and even the weeks preceding. August, always a great month for above average clearance rates and competitive auction results, will be […]
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How Do You Value a Property?
Ascertaining value, or should I say, estimating value, is one of the hardest parts of our job. Valuing a property is an art, not a science. It would be far easier if it were more of a science. Zillow, the American online real estate marketplace, has based their business model on being able to accurately […]
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