Hottest Neighborhoods to Watch in Austin this Homebuying Season

As protests sweep major U.S. cities, businesses large and small are posting on social media our opposition to racism and violence. It’s important for Black folks within a company and across society to see America unite in opposition to racism. But is that enough?

What’s behind the protests’ rage and despair is the sense that talk is cheap, and change is painfully slow. We love to denounce someone else’s racism, but it would matter more if businesses looked at our own contribution to a divided America and decided what to do about it.

The most obvious thing is hiring and

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Posted on 2 days ago

It’s a renter’s market as tenants push for cheaper deals

As protests sweep major U.S. cities, businesses large and small are posting on social media our opposition to racism and violence. It’s important for Black folks within a company and across society to see America unite in opposition to racism. But is that enough?

What’s behind the protests’ rage and despair is the sense that talk is cheap, and change is painfully slow. We love to denounce someone else’s racism, but it would matter more if businesses looked at our own contribution to a divided America and decided what to do about it.

The most obvious thing is hiring and

Read More
Posted on 2 days ago

Retirees join coastal club with million-dollar home beside Ocean Grove golf club

As protests sweep major U.S. cities, businesses large and small are posting on social media our opposition to racism and violence. It’s important for Black folks within a company and across society to see America unite in opposition to racism. But is that enough?

What’s behind the protests’ rage and despair is the sense that talk is cheap, and change is painfully slow. We love to denounce someone else’s racism, but it would matter more if businesses looked at our own contribution to a divided America and decided what to do about it.

The most obvious thing is hiring and

Read More
Posted on 2 days ago

It’s Not Enough – Redfin

As protests sweep major U.S. cities, businesses large and small are posting on social media our opposition to racism and violence. It’s important for Black folks within a company and across society to see America unite in opposition to racism. But is that enough?

What’s behind the protests’ rage and despair is the sense that talk is cheap, and change is painfully slow. We love to denounce someone else’s racism, but it would matter more if businesses looked at our own contribution to a divided America and decided what to do about it.

The most obvious thing is hiring and

Read More
Posted on 2 days ago

Getting jobs back will help homeowners most now: RBA

RBA Governor Philip Lowe has been operating via webcam for meetings, and has 90 per cent of his staff working from home.


Reserve Bank Governor Philip Lowe fronted the Federal Senate Select Committee on COVID-19, saying ensuring Aussies got their jobs back was his main focus right now, which would take care of future mortgage repayments.

MORE: Coronavirus sparks land sales surge

‘Don’t wait’: sober warning to tenants, landlords

Mr Lowe, who fronted the Committee virtually from his office on Thursday, was told by Senator Jacqui Lambie that she was “terribly concerned” that people didn’t know what was going to

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Game of Thrones house sold off as expats clear the decks ahead of June 30 deadline for tax slug

“You know nothing, Jon Snow” … 68 Howard St, Randwick has sold for $2.43 million.


Winter is coming … so a Randwick house renovated in the style of Game of Thrones has been sold by its expat owner ahead of a June 30 deadline which means she’ll avoid a big new tax.

International designer Livia Ostojich didn’t include any dragons in her refit of 68 Howard St but agent Angus Gorrie of McGrath thinks the brass bathtub and overall design has a medieval feel to it.

“That bronze bath has Game of Thrones written all over it,” he said.

And

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Homebuyer Demand Outpaced Supply Mid-Pandemic

Supply of homes for sale was down 24% from a year ago in April and new listings fell by 42%, but home prices were still up 5%

The effects of the coronavirus pandemic and subsequent shutdowns hit the U.S. housing market in full force in April, with sales and listings both turning in historic declines from year-ago levels. In the past two months, the housing market has seen the fastest slowdown on record as it flipped from one of the strongest markets ever at the end of February to a near standstill in April.

Home sales in April plunged 22.5%

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All Eyes On October As Home Values Hold Strong

Home values are holding strong during the COVID-19 pandemic as Australians closely monitor how the fall-out of job losses and wage cuts will likely affect property markets across the country.

Real estate analysts say the full economic hit of the coronavirus crisis may not be known until early October after financial supports like Centrelink’s JobKeeper payment, other government stimulus and mortgage hiatuses offered by banks are due to end.

Home values have remained steady but everything could change when government stimulus runs out in Spring. Picture: realestate.com.au/buy


Executive manager – economic research at realestate.com.au, Cameron Kusher, said property seekers

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1 of Every 5 Houses for Sale in April Was a New-Construction Home

1 of every 5 homes for sale in April was new construction.

The number of newly built homes on the market fell just 10.5% year over year in April, the smallest decline in 2020 to date, while the supply of existing homes plunged 24%.

With the supply of existing homes sinking, new properties now make up a bigger piece of the pie. Last month, 1 in 5 homes on the market was a newly built home. That’s up from closer to 1 in 6 last year and represents the largest share since at least 2012.

The inventory of existing homes

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