REIQ’s idea: homeowners to rent rooms and keep concessions
REIQ CEO Antonia Mercorella said the move to change eligibility requirements to allow homeowners to rent out empty rooms within the first 12 months of purchase without penalty was the brainchild of the REIQs.
REIA President, Ms Leanne Pilkington said that despite a modest improvement in Tasmania and the Northern Territory, declines were observed across all other states and territories.
Coronis Group’s Mark Guglielmino Weighs in on the State of Mortgage Broking
Coronis Group Mortgage & Finance Director Mark Guglielmino shares his thoughts on the current state of the broking industry, why some banks hate brokers and more importantly clients are continuing to choose them.
Investment loan insights and considerations for first-time property investors
Investing in residential property is a widely embraced wealth-building strategy in Australia. Rising property prices and the complexities of securing a loan often make property ownership feel out of reach.
REIA backs HAFFF but housing affordability remains critical
The Real Estate Institute of Australia (REIA) has welcomed the Federal Government's announcement of funding for social and affordable housing but remains concerned about broader housing affordability issues, says REIA President, Ms Leanne Pilkington.
1 in 3 first home buyers assisted by the Australian Government’s Home Guarantee Scheme
Housing Australia released its annual Home Guarantee Scheme Trends and Insights Report 2023-24 covering data on the First Home Guarantee (FHBG), Family Home Guarantee (FHG) and Regional First Home Buyer Guarantee (RFHBG).
Housing Affordability Plummets to its lowest point in almost Three decades - REIA
REIA President, Leanne Pilkington said the analysis from REIA’s latest Housing Affordability Report shows the average loan repayment now amounts to 48.1% of the median family income, 1.3 percentage points more than last quarter.
John McGrath – Why are apartment values rising faster than houses?
Over the past three months, apartments have recorded higher price growth than houses in every capital city except Darwin and Canberra, which both have higher levels of supply at the moment says John McGrath, McGrath Estate Agents CEO.
