People are talking about a soft market. But all of my properties are ok… Sydney is coming through a bit of a soft patch, and it mirrors what’s going on around the country. But this is the thing about the city level data. They only give you a macro-level picture. They don’t tell you what’s […]
National property review ( short – sharp – real)
Zoom out a little and there’s some interest data on the trends at play within our capital city markets. The old rule in property is there is no one market. We talk about the national average on the evening news, but really, that data point is pretty useless to investors. CoreLogic recently did some […]
The market gets freaky… but don’t panic yet.
You’d be forgiven for panicking. Is it getting harder to get a mortgage these days? You bet. How much harder? This much: This is the ‘mortgage conversion ratio’ from Digital Finance Analytics – a firm of property and finance analysts. What it tracks is how many mortgage applications come in against how many end up […]
WTF? The boom still has 20 years to run?
Glenn Stevens lays down some cold hard truths about a so-called property crash. There’s still 20 years left in this boom. That’s what Glenn Stevens seems to be suggesting. (You remember Glenn, right? Serious kinda guy, was the Governor of the RBA until a few months ago…) The NSW government just asked Glenn to write […]
[PODCAST] How To Quickly Find The Bargains And Opportunities In A New Area
It’s all well and good knowing your area when it comes to finding good deals but what happens when you start looking at a new area? …Or in my case when I wanted to find out what kind of opportunities there were while I was on holiday in the UK. How do you quickly find […]
Did someone say 16%?
I’ve stayed out of the US election commentary on purpose. You know that I’m a practical, straight-to-the-point person when it comes to investing and I don’t like getting caught up in all the noise and drama. Now that it’s all over, next week I will weigh in with my views. Look out for that …but […]
Not a property investor? You need a Plan B.
The world is changing… fast. The old rules don’t work. Whatever it is, you need a Plan B. It’s not a secret that I love property. I didn’t name my website iloverealestate.tv for nothing. But I also get that it’s not for everybody. I totally get that some people will be drawn to other things. […]
WTF? Auction boom in Perth…
This has got me puzzled. Seems that times are a-changing in Perth. Is it a new love affair with auctions, or something else? There’s a strange story in the AFR about an auction boom over in Perth. It’s a bit of a riddle. I wonder if you have the answer. Apparently, the rate of auctions […]
Are property prices ‘crazy’?
I keep hearing people say that house prices are ‘crazy’. But relative to what? I remember quite some time ago, could be 15 years ago I guess, I was looking at a property in the Brisbane suburb of St Lucia. St Lucia is right next door to the Uni, and this was a decent doer-upper […]
The end of the property boom…?
“Westpac rate rise ushers in end of the property boom.” That’s the headline. Is it true. After Westpac’s surprise decision to raise rates out of cycle, The Sydney Morning Herald was running with the headline: “Westpac rate rise ushers in end of the property boom.” Are they right? First point is you’re always on thin […]