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At Madeline Hicks Real Estate, we believe that the positivity coming out of Malcolm Turnbull will have a positive effect throughout the community.

The Liberal party’s decision to elect Malcolm Turnbull as leader was highly anticipated before the next election.

Many Australian’s expect that the new 21st Century Government will deliver on building a stronger foundation both economically and socially. We know that investment markets like certainty and investors want confidence and clarity, and it is thought that the fresh faced Liberal Government will deliver where it is needed most.

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The latest housing finance figures released today by the Australian Bureau of statistics (ABS) reflect continued declining lending activity.

The Real Estate Institute of Australia says the figures for July 2015 show, in trend terms, that the number of owner-occupied finance commitments fell by 0.2 per cent. This fall is the fourth consecutive monthly fall and follows eleven months of increases. If refinancing is excluded, in trend terms for July, the number of owner-occupied finance commitments fell by 0.2 per cent.

 

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Here at Madeleine Hicks Real Estate, we quite often talk about home staging, and why it’s probably the single best thing you can do to get a higher price on your home.

If you’re unfamiliar with what home staging is, it’s the process of revamping your home to make it look better to buyers. It makes sense to do it – whether you’re selling a home, a car or an old baby stroller, it’s always a good idea to try and spruce it up before putting it on the market.

But is it really worth spending hundreds (if not thousands) of dollars on a professional home staging service?

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Recent research on home sellers’ perceptions of real estate agents has uncovered some great information for both sellers and agents – some surprising, and some downright shocking.

Here are ten of our favourite stats from the report. Hopefully they’ll help you when choosing an agent when to decide that you’re ready to sell

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Now there’s a new trend springing up: aggregator websites for real estate agents and property managers. If you’re selling, or own an investment property, you’re going to come across them at some point.

So the question is: are they any good?

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Spring is known for being real estate’s busiest season. Buying and selling numbers go up by more than double compared to June and July, usually peaking in the October-December period.

If you’re thinking about putting your home on the market, now is the time to act.

The key to making the most of the spring selling season is preparation. Here are three reasons why getting in early will help you reap better rewards.

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If you own a home in the 4053 postcode or are looking to purchase one, you may be curious about whether Everton Park is a “good” suburb.

In this week’s post, we take a look at what Everton Park has going for it, and explain why we think we’re blessed to be where we are.

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The latest housing finance figures released today by the Australian Bureau of Statistics (ABS) reflect flat lending activity for housing suggesting that the heat is coming out of the housing market.

The Real Estate Institute of Australia (REIA) says the figures for May 2015 show, in trend terms, that the number of owner-occupied finance commitments fell by 0.2 per cent. This fall follows nine consecutive months of increases through to March. If refinancing is excluded, in trend terms for May, the number of owner-occupied finance commitments fell by 0.9 per cent.

REIA President, Neville Sanders says, “Decreases were recorded in all states and territories except for South Australia, the Australian Capital Territory and the Northern Territory. The Northern Territory had the largest increase of 0.9 per cent. The largest decrease was recorded in Tasmania – down 1.1 per cent.”

“In trend terms, the number of new dwellings purchase commitments increased by 1.1 per cent while new dwelling construction decreased by 0.6 per cent and the purchase of established dwellings decreased by 0.2 per cent. The value of investment housing commitments again increased -by 1.1 per cent.”

“The proportion of first home buyers, as part of the total owner-occupied housing finance commitments, increased marginally to 15.9 per cent compared to 15.8 per cent in April and follows the March figure of 15.7 per cent which was the lowest since July 2004.”

“The lending figures indicate a market that is moderating with May 2015 being the fourteenth consecutive month of modest drops in lending levels if refinancing is excluded.”

“The moderating housing lending suggest any concerns of an over heating property market should be laid to rest and also allay fears of an imminent bubble,” concluded Mr Sanders.

Story source: www.reia.asn.au

A lot of what goes into selling a home is positive: we do things that we think will make our houses look better and sell for more money.

But sometimes it’s what we neglect to do that has the biggest effect. It’s easier to think of things buyers will like than to look at our own homes and critique the way we live.

So here’s a list of the six most common blind-spots that turn buyers off. How many are you guilty of?

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The Real Estate Institute of Australia (REIA) says that Australia’s housing market continued its growth in the first quarter of 2015, according to the latest Bendigo Bank/REIA Real Estate Market Facts publication.

The REIA President Neville Sanders says, “The weighted average, capital city median price increased by 2.4% for houses and 1.5% for other dwellings.”

“The weighted average,median house price for the eight capital cities is now $658,608 and with exception of Brisbane and Perth all capitals contributed to the increase.

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