Top Stories in Australian Home Ownership February 10, 2019

Today’s trending stories in Australian home ownership and Home Loans.

  • Relisting for sale: Vendors change their approach as Melbourne house prices drop
    Home owners are relisting properties that earlier failed to sell,dropping their asking prices or making minor upgradesto attract buyers as Melbournes housing market weakens.
    Some vendors who see their homes languish on the market are making the tough decision to switch agents and lose thousands of dollars in fees already paid.
    It comes as a chorus ofpundits have been downgrading their outlooks…
  • Family homes fly at auctions as pent-up buyer demand sparks competition
    Bone-chilling wind and intermittent rain did not deter bidders from fighting to win the keys to an aged weatherboard home in West Footscray on Saturday morning.
    The three-bedroom, two-bathroom, dual-occupancy house at 7 Khartoum Street proved popular at auction, as four bidders gave their all.
    The strong interest came as some vendors have become more willing to temper their price hopes t…
  • Townhouse in Sydney’s Waverton sells for $1.84 million at well-attended auction
    Bargain-hunters are starting to jump back into the weakened Sydney property market, with vendors becoming more willing to lower their price hopes and some auctions this weekend drawing surprising crowds.
    Those who walked away with keys to their new homes on Saturday included first-home buyers, young families upsizing and experienced renovators.
    A crowd of about 50 people spilled onto the street as they watched <a href="https://www.domain.com.au/6-92-bay-road-w…
  • Canberra auctions: Buyers hold back at sales but interest remains high
    With clearance rates still hovering below 50 per cent, those taking their properties to auction in the nations capital are not having much luck.
    But agents have said buyers are still very active in the Canberra property market.
    [There are] plenty of buyers currently in the market, said Ray White Canberra agent Jenna Dunley. We are finding if a property doesnt sell under the hammer there is a significant chance it will sell within the following …
  • Collateral damage a blow to bank magic
    Most importantly for credit markets, that level is little more than average mortgage interest rates, which means money-created via mortgage lending is…
  • What the changes to mortgage brokers mean for you and your home loan
    Going to an actual bank to get a loan is out of date over half of all mortgages come from mortgage brokers. But the Banking Royal Commission is…
  • Home loan customers may need to pay mortgage brokers to save money
    Borrowers may have to pay an upfront fee when their home loan is arranged, in a move applauded by consumer advocates but which mortgage…
  • Top home sales: Big spender Clive Palmer spends $22m on property
    Home loan scrutiny set to ease: ANZ. 07:13AMOne of the Big Four banks has hinted that getting a home loan could become a little easier now that the…