Juwai three year deal
Leading Australian real estate franchise network LJ Hooker expects to sell more Australian and New Zealand property to Chinese buyers as a result of a new, three-year strategic partnership it has just signed with Juwai.com.
LJ Hooker is positioning itself to become the most trusted Australian and New Zealand property brand in the Chinese market. It has already established a firm brand and value position over the last 11 months, due to its first agreement with Juwai.com, which was signed recently...
Mr Hooker Bear's Letter Pop app
LJ Hooker has continued to lead the industry in digital innovation with the launch today of its entertaining, educational and interactive kids app and dedicated kids website.
The app, Mr Hooker Bear’s Letter Pop, has been designed to entertain kids while LJ Hooker real estate professionals engage with parents to discuss their real estate needs...
First time buyers let down by budget
The federal budget has let down first time buyers, according to the Real Estate Institute of Australia (REIA).
REIA says the federal budget has totally ignored those who are looking at buying a property for the first time.
The institute pointed out that from March 2009 until March this year, the number of these buyers as a percentage of the total number of home purchasers dropped from 31.4 per cent to 14.2 per cent...
Rental property prices in Perth show slight growth
The March quarter showed a small rise for rental property weekly rents in Perth.
A 4.4 per cent increase brought the median rent to $470 per week, bringing the total increase from the previous year up by 12 per cent, according to the Real Estate Institute of Western Australia (REIWA).
According to REIWA president David Airey, the rise in asking rents during the quarter was caused by increases for flats, units, apartments and villas.
This was surprising, he said, because the number of rental properties for lease increased by more than 50 per cent in the six months leading up to March...
The pros and cons of going to auction
If you are currently planning to sell your property in the near future, then you will need to decide whether or not you want to go to auction.
Auctions are often advantageous to sellers as they could potentially allow you to secure a higher sale price than you would have otherwise been able to get.
This is because the competitive nature of the auction process has the potential to drive the price of the house above its true market value...
Three reasons to live in a rental property
While owning your own property certainly comes with its own perks, there are some great reasons to live in a rental property.
Here are our top three reasons.
No mortgage
A mortgage is a big responsibility to take on.
It's a commitment that often requires decades of repayments and strict budgeting, so if you're not ready for that kind of obligation just yet, living mortgage free until you are is still an option...
