Some off-the-plan apartment buyers are having to cut their losses and walk away from their deposits.
Under what conditions do buyers find a way to pay less for a property than it’s actually worth?
Foreigners are buying 17 per cent of newly built property in Victoria despite Government efforts to tighten the screws.
Have you ever heard the old real estate agent adage, ‘Quote high and watch it die. Quote low and watch it go’?
New research from realestate.com has found that across Australia a healthy 41 per cent of property buyers in the market in September and October were willing to bid above the asking price.
Saturday’s recorded auction clearance rate of 67 per cent was the lowest recorded for five months.
The average Australian household now carries a record high debt of nearly $250,000.