Home straits

Article Abstract:

The cost of a home in Sydney and Melbourne has finally started to weaken, following a 70% rise in home prices in the Melbourne market over 4 years and a 40% rise in prices in the Sydney market. Observers say that the slowdown is due to rising unemployment and fears of a recession. It is also possible that a reversal of factors that allowed many first-time home purchases (low interest rates, easy credit and grants to first-time buyers) could lead to many foreclosures, further depressing home prices.

Real Estate, Real Estate and Rental and Leasing, Real property

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Riding the counter cycle

Article Abstract:

A slump is noticed in the real estate markets, so alternative methods of investment to boost returns by those owning properties are suggested. Some of these are claiming all deductions that one is entitled to by a landlord, expenses incurred to carry out regular inspections such as airfares for an annual visit to check it out, landlord insurance and maximizing rentals.

Real estate investment, Real estate investments, Residential real estate

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Dangerous ground

Article Abstract:

Rising interest-rate and quitting of first-home buyers from housing markets has caused the slowdown in house-price growth. The effect of the decline of house prices on the housing market is discussed.

Residential Building Construction, Other Activities Related to Real Estate, REAL ESTATE, Real Estate Services, Housing incl Mobile Homes, Housing, Real estate industry, Dwellings

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