Month: July 2020

Ultimate Checklist for Buying a House

Most Americans consider buying a house as a significant life goal. Homeownership offers stability and a sense of security and safety and for some, it is an essential rite of passage into adulthood. As you pursue your dream of homeownership, it’s crucial to understand the many moving parts to the home buying process and protect yourself from the risk of becoming “house broke.” This ultimate checklist for buying a house will help you cover all your bases.

Know how much you can afford

Determining how much house you can afford is the first step in the buying a house checklist

Read More

Olinda house by Bent Architecture an eco wonder one with nature

The Olinda house by Paul Porjazoski from Bent Architecture. Photo: Tatjana Plitt


When vet Matt decided to make a tree change and move to the Dandenong Ranges, he knew choosing the right location was crucial.

“It’s one of those areas where you really want someone with local knowledge to help you with where you buy, because there are good blocks and bad blocks,” he explained.

When he came across a 1.4ha site within walking distance of Olinda and Sassafras, he jumped at the chance to buy it, despite the fact the property was looking pretty unloved.

“The house and land

Read More

Pending Home Sales Approach 2019 Levels, Powered by Record-Low Mortgage Rates

Key Takeaways

  • Pending sales the week ending June 21 have nearly returned to 2019 levels (down just 3% year-over-year). Completed home sales are still down 12% compared to the same week last year, but we expect them to catch up in late July or early August as this new batch of pending sales close.
  • The majority of offers are facing competition (52%) as home-buying demand continues to outpace new listings. The inventory of homes for sale was down 26% from the same week a year ago.
  • Mortgage purchase applications were up 17% from a year ago as mortgage interest rates
Read More

Coronavirus real estate: Geelong home values drop in June

Auction activity has picked up since restrictions on live auctions lifted in late May.


GEELONG home values dropped in June as the coronavirus pandemic hit the region’s property market.

Dwelling values fell by 0.7 per cent last month, ending almost a year of consecutive price growth, the latest CoreLogic Home Values Index shows.

But the region has been spared the sharper drop recorded in Melbourne, the hardest hit of the capital cities, where home values fell 1.1 per cent.

RELATED:
Home approvals plunge an ‘alarm bell’

Bids fly for early Geelong West cottage

Four bidders answer call of nature in

Read More