This document discusses the differences between accidental damage, malicious damage, deliberate damage, and wear and tear from an insurance perspective. It provides examples of each type of damage. Accidental damage is unexpected loss, while malicious damage is intentional damage meant to cause harm. Deliberate damage intentionally alters an item without malice. Wear and tear is natural, inevitable damage from living in a property. The document also discusses poor housekeeping versus actual property damage.
This document provides tips for building a successful property investment portfolio through a logical approach rather than emotional decisions. It advises to diversify investments across different property types and locations to reduce risk. Key considerations for new properties include balancing growth, income, and expenses like strata fees and taxes. The document also stresses the importance of selecting properties in desirable locations near major city centers, attracting quality tenants, and creating a clear plan to guide investment decisions.
La ley SOPA (Stop Online Piracy Act) es un proyecto de ley estadounidense que establece mecanismos de censura en Internet similares a los usados en China e Irán. El objetivo es combatir la piratería en línea, pero podría afectar la libertad de expresión y participación ciudadana. De aprobarse, la ley regularía servicios usados globalmente como YouTube, Google y Twitter, afectando a usuarios de todo el mundo.
The weekly report discusses using RFID technology to track multiple unique objects, describing how RFID readers work and their advantages over infrared and ultrasonic sensors for tracking. An ID-12 RFID reader and EM4001 RFID tags are proposed to be used, noting the reader's strong points of a built-in antenna and ease of use but weak points of being read-only and short sensing range. The next steps will involve learning to program the RFID technology.
2006 10 22 Relatorio Governo Lula Revisto Rosa[2]guest23053a
O documento discute a política econômica do governo Lula no Brasil entre 2002-2006. Ele descreve como a equipe econômica do governo Lula era composta principalmente por membros do governo anterior, indicando uma continuidade da política econômica neoliberal. Apesar das críticas iniciais de apoiadores de esquerda, os resultados econômicos positivos como controle da inflação e crescimento reduziram as críticas à política econômica do governo.
Este documento presenta la autobiografía de Juan Esteban Tayupanta Parra, un ecuatoriano nacido en Quito el 15 de enero de 1993 que actualmente tiene 21 años y estudia administración de empresas en la Universidad Israel. Juan Esteban asistió a la escuela primaria Colegio Andino y la secundaria Academia Almirante Nelson, y ha tomado 7 niveles de inglés en CENDIA. Sus metas incluyen culminar sus estudios superiores, viajar por el mundo, obtener un buen trabajo y crear su propia empresa.
This document provides information and reminders from a property management team. It discusses the differences between fair wear and tear, for which landlords are responsible, and tenant neglect or damage. It also reminds readers that the property management team can only inspect properties by appointment and that any tradespeople working on properties must be licensed and insured.
This document provides tips for building a successful property investment portfolio through a logical approach rather than emotional decisions. It advises to diversify investments across different property types and locations to reduce risk. Key considerations for new properties include balancing growth, income, and expenses like strata fees and taxes. The document also stresses the importance of selecting properties in desirable locations near major city centers, attracting quality tenants, and creating a clear plan to guide investment decisions.
La ley SOPA (Stop Online Piracy Act) es un proyecto de ley estadounidense que establece mecanismos de censura en Internet similares a los usados en China e Irán. El objetivo es combatir la piratería en línea, pero podría afectar la libertad de expresión y participación ciudadana. De aprobarse, la ley regularía servicios usados globalmente como YouTube, Google y Twitter, afectando a usuarios de todo el mundo.
The weekly report discusses using RFID technology to track multiple unique objects, describing how RFID readers work and their advantages over infrared and ultrasonic sensors for tracking. An ID-12 RFID reader and EM4001 RFID tags are proposed to be used, noting the reader's strong points of a built-in antenna and ease of use but weak points of being read-only and short sensing range. The next steps will involve learning to program the RFID technology.
2006 10 22 Relatorio Governo Lula Revisto Rosa[2]guest23053a
O documento discute a política econômica do governo Lula no Brasil entre 2002-2006. Ele descreve como a equipe econômica do governo Lula era composta principalmente por membros do governo anterior, indicando uma continuidade da política econômica neoliberal. Apesar das críticas iniciais de apoiadores de esquerda, os resultados econômicos positivos como controle da inflação e crescimento reduziram as críticas à política econômica do governo.
Este documento presenta la autobiografía de Juan Esteban Tayupanta Parra, un ecuatoriano nacido en Quito el 15 de enero de 1993 que actualmente tiene 21 años y estudia administración de empresas en la Universidad Israel. Juan Esteban asistió a la escuela primaria Colegio Andino y la secundaria Academia Almirante Nelson, y ha tomado 7 niveles de inglés en CENDIA. Sus metas incluyen culminar sus estudios superiores, viajar por el mundo, obtener un buen trabajo y crear su propia empresa.
This document provides information and reminders from a property management team. It discusses the differences between fair wear and tear, for which landlords are responsible, and tenant neglect or damage. It also reminds readers that the property management team can only inspect properties by appointment and that any tradespeople working on properties must be licensed and insured.
of your insurance determine appropriate
insurance coverage.
needs.’ • Review your policies
The document provides a summary of the first issue of the REIA News newsletter. It discusses the following main topics:
1) The federal budget and its implications for the housing market.
2) Other articles in the issue include whether women are increasingly purchasing property, debates around the existence of a housing bubble, and expectations for property taxes.
3) Contact information is provided for those interested in promoting their brand in the REIA News newsletter.
of your insurance determine appropriate
insurance coverage.
needs.’ • Review your policies
The document provides a summary of the first issue of the REIA News newsletter. It discusses the following main topics:
1) The federal budget and its implications for the housing market.
2) Other articles in the issue include whether women are increasingly purchasing property, debates around the existence of a housing bubble, and expectations for property taxes.
3) Contact information is provided for those interested in promoting their brand in the REIA News newsletter.
This document provides information about an upcoming two-day workshop on loan and mortgage fraud to be held in Kuala Lumpur, Malaysia on February 24-25, 2009. The workshop will be led by Tommy Seah and will cover topics such as defining mortgage fraud, common schemes, detecting fraud, investigating suspected wrongdoing, and preventing fraud. It provides an agenda with sessions on understanding the environment, conducting interviews and investigations, ethics, and case studies. Details on registering and payment are also included.
A Solicitors\' Insolvency Outsourcing Solutionkingbo2001
Several talented solicitors have recently been caught out by insolvency aspects they have not been taught to anticipate.
The overiding message? Dabble at your peril. Nicholls & Co. offer the perfect outsourcing solution to other legal professionals involved in cases with important insolvency aspects.
Hidden costs of owning and renting a homeRandyBett
There are hidden costs to both owning and renting a home. For homeowners, unexpected special assessments for building repairs, utilities, mortgage insurance, and fines can catch owners off guard. Renters may face opportunity costs from a lack of equity gain, storage costs for excess belongings, money lost from improvements to the rental property, and lost deposits. Understanding these hidden costs is important for deciding whether to rent or buy.
How to avoid costly mistakes when buying candlewood lake homesTampa Homes Today
Buying a home, especially for first-time buyers, can be challenging if certain mistakes are made. The document provides 5 tips to help avoid common mistakes made by homebuyers looking to purchase properties on Candlewood Lake or Lake Lillinonah. The tips include sticking to your budget, doing research on property prices and features, getting proper inspections, accounting for additional costs like taxes and maintenance, and enlisting the help of a professional real estate agent. Following these tips can help buyers avoid potential problems and secure their dream home on one of the lakes.
The recent spate of natural disasters in Australia and New Zealand have caused damage and insurance claims totaling tens of millions. It is important to understand the risks associated with your property location and ensure you have appropriate insurance coverage for those risks, such as floods. Insurance policies can vary in what types of natural disasters they cover, so property owners need to check the specific policy definitions to confirm coverage for events like floods or storms.
This document summarizes a private lending program offered by TC Real Estate Buyers. The program allows investors to lend money to TC Real Estate Buyers to purchase properties, secured by mortgages, with interest rates of up to 8% and monthly payments. The company buys undervalued properties, renovates them, and sells or rents them for a profit. The program aims to be a safer, higher yielding alternative to bank products.
The document discusses refinancing an underwater mortgage and introduces Jill Berni and her real estate team. It provides Jill's mission statement, which is to provide exceptional real estate services and lifelong client relationships focused on solutions. It also shares satisfied client testimonials that praise Jill for helping them successfully sell a home and avoid foreclosure through refinancing.
This document provides tips and information for listing a home for sale. It discusses pricing the home, timing the market, accessibility for showings, utilizing the latest marketing technology, presenting the property correctly, seasonal sales trends, evaluating the marketing plan, signage, repairs, giving the selling process enough time, screening prospects, test marketing the home, enhancing curb appeal and interior presentation, tips for home showings, the purpose and process of title insurance and escrow. The overall summary is a guide for real estate agents and homeowners on best practices for listing a home.
Many people in Canterbury are struggling to have their insurers honour their insurance policies post quake. Many have experienced assessment after assesment and more recently examples of shoddy repairs are coming to the fore.
A number of experts in their field feel there is a long overdue need for change, and that one of the ways to help achieve this change is for the homeowner to be more informed of what is going on, why and how they can better ensure their home is protected.
A big thanks to each of the presenters - a great afternoon on the 2nd August with over 300 people attending.
The document discusses several topics related to the real estate industry:
1) ABS data shows a decline in dwelling approvals in February 2011, with falls in Victoria, Queensland, and Western Australia, while approvals rose in Tasmania, South Australia, and New South Wales.
2) The Henry Review found stamp duty to be inefficient and proposed broadening land taxes, while REIA argues stamp duties discourage transactions.
3) Stockland's managing director says states need to improve planning through standardized codes to boost productivity and housing affordability.
If you are looking to earn 12% passively and would like to talk with you about earning 12% on your money secured by insured real estate, let us know. Blue Diamond Homes is a real estate solutions companies looking to change neighborhoods one house at a time. If you would like to talk with us about private money lending or have a house that you would like to sell or refer to us. Then send us an email at bluediamondhomesllc@gmail.com
Thanks,
Ryan Yowell
Final Windermere Listing Presentation ProofRich Johnson
This document discusses the benefits of working with a REALTOR® to sell your home. It outlines 8 reasons why using a REALTOR® is advantageous, including that they have expertise to navigate the real estate process, provide market knowledge and property valuations, help find buyers, have negotiating skills, and can objectively represent the home seller's interests. The document also describes how a Windermere REALTOR® would help sell a home by researching its value, marketing the property, negotiating on the seller's behalf, and assisting with closing the transaction.
This document discusses insurance considerations for home extension, renovation, and conversion projects. It advises that home insurance will not cover these types of projects, and that specialized policies like extension insurance, renovation insurance, site insurance, or structural warranties are needed instead. It provides examples of coverage provided by different policy types and warns readers to consult an expert to get insurance tailored to their unique project.
Self-Build Zone host site insurance masterclass at national home improvement ...Simply Marcomms
Self-Build Zone Director Simon Middleton, hosted a Masterclass at the National Home Improvement Show. Representatives from Self-Build Zone discussed all issues on site insurance and warranties.
HOM INtro #51: Buyer\'s Agent—A Different Game: Short Sale or REO BuyerMildredWilkins
This document discusses the key differences real estate agents should be aware of when helping clients buy properties involved in foreclosure or owned by banks after foreclosure. It notes that pre-foreclosure or "short sale" listings involve more uncertainty due to being controlled by lenders, while bank-owned or REO properties involve definitive timelines and processes but may require special contract addendums. The document provides tips for agents on how to properly handle offers, negotiations, inspections and closings for these non-traditional property types.
This document summarizes the key details of a housing development called Las Verandas Villas II located in Imus, Cavite, Philippines. It provides information on why to buy a house and lot now, amenities and features of the development such as a clubhouse and swimming pool. Sample floor plans, payment plans including cash and loan options, and average home prices are also summarized. The development aims to offer affordable homes in a convenient location near establishments like hospitals, malls and schools.
Hiring experienced locksmith west hills services for lock repair and replacement is well worth your time and effort since you will receive the following benefits.
Australia's home prices likely rose at a slightly faster pace in August (+1%) compared with July (+0.8%), based on CoreLogic's daily 5 capital city index. Brisbane (inc Gold Coast) prices are up 1.4% with Sydney and Adelaide prices both 1.1% higher.
Adelaide and Perth are the only capital cities at new highs, Brisbane is still below it's high in March 2022 based on this data (which includes the Gold Coast), though on the ground in Brisbane we are seeing data points of new all time highs in our target areas.
CoreLogic Research Director, Tim Lawless, noted the most
substantial reduction in growth has occurred in Sydney.
“After leading the upswing, the monthly pace of growth in Sydney
housing values has halved from a recent high of 1.8% in May to 0.9%
in July. Sydney has also seen a significant rise in the number of
fresh listings added to the market, 9.9% higher than the same time
last year and 18.0% above the previous five-year average. An
increased flow of new listings provides more choice and may be
working to reduce some of the urgency felt among prospective
buyers,” he said.
Brisbane and Adelaide saw the monthly pace of growth
accelerate in July, leading the pace of gains across the capitals
with housing values up 1.4% across both cities. Although the trend
in new listings has risen in these cities, Mr Lawless said the number
remains well below levels from a year ago and the previous five
year average.
Canberra was the only capital city to record a decline in values in
July, down -0.1%, while Hobart values were unchanged.
The slowdown in value growth has mostly been driven by an
easing in gains across the upper quartile of the market.
of your insurance determine appropriate
insurance coverage.
needs.’ • Review your policies
The document provides a summary of the first issue of the REIA News newsletter. It discusses the following main topics:
1) The federal budget and its implications for the housing market.
2) Other articles in the issue include whether women are increasingly purchasing property, debates around the existence of a housing bubble, and expectations for property taxes.
3) Contact information is provided for those interested in promoting their brand in the REIA News newsletter.
of your insurance determine appropriate
insurance coverage.
needs.’ • Review your policies
The document provides a summary of the first issue of the REIA News newsletter. It discusses the following main topics:
1) The federal budget and its implications for the housing market.
2) Other articles in the issue include whether women are increasingly purchasing property, debates around the existence of a housing bubble, and expectations for property taxes.
3) Contact information is provided for those interested in promoting their brand in the REIA News newsletter.
This document provides information about an upcoming two-day workshop on loan and mortgage fraud to be held in Kuala Lumpur, Malaysia on February 24-25, 2009. The workshop will be led by Tommy Seah and will cover topics such as defining mortgage fraud, common schemes, detecting fraud, investigating suspected wrongdoing, and preventing fraud. It provides an agenda with sessions on understanding the environment, conducting interviews and investigations, ethics, and case studies. Details on registering and payment are also included.
A Solicitors\' Insolvency Outsourcing Solutionkingbo2001
Several talented solicitors have recently been caught out by insolvency aspects they have not been taught to anticipate.
The overiding message? Dabble at your peril. Nicholls & Co. offer the perfect outsourcing solution to other legal professionals involved in cases with important insolvency aspects.
Hidden costs of owning and renting a homeRandyBett
There are hidden costs to both owning and renting a home. For homeowners, unexpected special assessments for building repairs, utilities, mortgage insurance, and fines can catch owners off guard. Renters may face opportunity costs from a lack of equity gain, storage costs for excess belongings, money lost from improvements to the rental property, and lost deposits. Understanding these hidden costs is important for deciding whether to rent or buy.
How to avoid costly mistakes when buying candlewood lake homesTampa Homes Today
Buying a home, especially for first-time buyers, can be challenging if certain mistakes are made. The document provides 5 tips to help avoid common mistakes made by homebuyers looking to purchase properties on Candlewood Lake or Lake Lillinonah. The tips include sticking to your budget, doing research on property prices and features, getting proper inspections, accounting for additional costs like taxes and maintenance, and enlisting the help of a professional real estate agent. Following these tips can help buyers avoid potential problems and secure their dream home on one of the lakes.
The recent spate of natural disasters in Australia and New Zealand have caused damage and insurance claims totaling tens of millions. It is important to understand the risks associated with your property location and ensure you have appropriate insurance coverage for those risks, such as floods. Insurance policies can vary in what types of natural disasters they cover, so property owners need to check the specific policy definitions to confirm coverage for events like floods or storms.
This document summarizes a private lending program offered by TC Real Estate Buyers. The program allows investors to lend money to TC Real Estate Buyers to purchase properties, secured by mortgages, with interest rates of up to 8% and monthly payments. The company buys undervalued properties, renovates them, and sells or rents them for a profit. The program aims to be a safer, higher yielding alternative to bank products.
The document discusses refinancing an underwater mortgage and introduces Jill Berni and her real estate team. It provides Jill's mission statement, which is to provide exceptional real estate services and lifelong client relationships focused on solutions. It also shares satisfied client testimonials that praise Jill for helping them successfully sell a home and avoid foreclosure through refinancing.
This document provides tips and information for listing a home for sale. It discusses pricing the home, timing the market, accessibility for showings, utilizing the latest marketing technology, presenting the property correctly, seasonal sales trends, evaluating the marketing plan, signage, repairs, giving the selling process enough time, screening prospects, test marketing the home, enhancing curb appeal and interior presentation, tips for home showings, the purpose and process of title insurance and escrow. The overall summary is a guide for real estate agents and homeowners on best practices for listing a home.
Many people in Canterbury are struggling to have their insurers honour their insurance policies post quake. Many have experienced assessment after assesment and more recently examples of shoddy repairs are coming to the fore.
A number of experts in their field feel there is a long overdue need for change, and that one of the ways to help achieve this change is for the homeowner to be more informed of what is going on, why and how they can better ensure their home is protected.
A big thanks to each of the presenters - a great afternoon on the 2nd August with over 300 people attending.
The document discusses several topics related to the real estate industry:
1) ABS data shows a decline in dwelling approvals in February 2011, with falls in Victoria, Queensland, and Western Australia, while approvals rose in Tasmania, South Australia, and New South Wales.
2) The Henry Review found stamp duty to be inefficient and proposed broadening land taxes, while REIA argues stamp duties discourage transactions.
3) Stockland's managing director says states need to improve planning through standardized codes to boost productivity and housing affordability.
If you are looking to earn 12% passively and would like to talk with you about earning 12% on your money secured by insured real estate, let us know. Blue Diamond Homes is a real estate solutions companies looking to change neighborhoods one house at a time. If you would like to talk with us about private money lending or have a house that you would like to sell or refer to us. Then send us an email at bluediamondhomesllc@gmail.com
Thanks,
Ryan Yowell
Final Windermere Listing Presentation ProofRich Johnson
This document discusses the benefits of working with a REALTOR® to sell your home. It outlines 8 reasons why using a REALTOR® is advantageous, including that they have expertise to navigate the real estate process, provide market knowledge and property valuations, help find buyers, have negotiating skills, and can objectively represent the home seller's interests. The document also describes how a Windermere REALTOR® would help sell a home by researching its value, marketing the property, negotiating on the seller's behalf, and assisting with closing the transaction.
This document discusses insurance considerations for home extension, renovation, and conversion projects. It advises that home insurance will not cover these types of projects, and that specialized policies like extension insurance, renovation insurance, site insurance, or structural warranties are needed instead. It provides examples of coverage provided by different policy types and warns readers to consult an expert to get insurance tailored to their unique project.
Self-Build Zone host site insurance masterclass at national home improvement ...Simply Marcomms
Self-Build Zone Director Simon Middleton, hosted a Masterclass at the National Home Improvement Show. Representatives from Self-Build Zone discussed all issues on site insurance and warranties.
HOM INtro #51: Buyer\'s Agent—A Different Game: Short Sale or REO BuyerMildredWilkins
This document discusses the key differences real estate agents should be aware of when helping clients buy properties involved in foreclosure or owned by banks after foreclosure. It notes that pre-foreclosure or "short sale" listings involve more uncertainty due to being controlled by lenders, while bank-owned or REO properties involve definitive timelines and processes but may require special contract addendums. The document provides tips for agents on how to properly handle offers, negotiations, inspections and closings for these non-traditional property types.
This document summarizes the key details of a housing development called Las Verandas Villas II located in Imus, Cavite, Philippines. It provides information on why to buy a house and lot now, amenities and features of the development such as a clubhouse and swimming pool. Sample floor plans, payment plans including cash and loan options, and average home prices are also summarized. The development aims to offer affordable homes in a convenient location near establishments like hospitals, malls and schools.
Hiring experienced locksmith west hills services for lock repair and replacement is well worth your time and effort since you will receive the following benefits.
Australia's home prices likely rose at a slightly faster pace in August (+1%) compared with July (+0.8%), based on CoreLogic's daily 5 capital city index. Brisbane (inc Gold Coast) prices are up 1.4% with Sydney and Adelaide prices both 1.1% higher.
Adelaide and Perth are the only capital cities at new highs, Brisbane is still below it's high in March 2022 based on this data (which includes the Gold Coast), though on the ground in Brisbane we are seeing data points of new all time highs in our target areas.
CoreLogic Research Director, Tim Lawless, noted the most
substantial reduction in growth has occurred in Sydney.
“After leading the upswing, the monthly pace of growth in Sydney
housing values has halved from a recent high of 1.8% in May to 0.9%
in July. Sydney has also seen a significant rise in the number of
fresh listings added to the market, 9.9% higher than the same time
last year and 18.0% above the previous five-year average. An
increased flow of new listings provides more choice and may be
working to reduce some of the urgency felt among prospective
buyers,” he said.
Brisbane and Adelaide saw the monthly pace of growth
accelerate in July, leading the pace of gains across the capitals
with housing values up 1.4% across both cities. Although the trend
in new listings has risen in these cities, Mr Lawless said the number
remains well below levels from a year ago and the previous five
year average.
Canberra was the only capital city to record a decline in values in
July, down -0.1%, while Hobart values were unchanged.
The slowdown in value growth has mostly been driven by an
easing in gains across the upper quartile of the market.
Brisbane (1.4%)
CoreLogic’s national Home Value Index (HVI) has recorded a third consecutive monthly rise, with the pace of growth accelerating sharply to 1.2% in May.
After finding a floor in February, home values increased 0.6% and 0.5% through March and April respectively.
Sydney continues to lead the recovery trend, posting a 1.8% lift in values over the month, recording the city’s highest monthly gain since September 2021. Since moving through a trough in January, home values have risen by 4.8%, or the equivalent of a $48,390 lift in the median dwelling value.
Brisbane (1.4%) and Perth (1.3%) are the only other capitals to record a monthly gain of more than 1.0%, however, the rise in values was broad-based with the rate of growth accelerating across every capital city last month.
CoreLogic’s Research Director, Tim Lawless, noted the positive trend is a symptom of persistently low levels of available housing supply running up against rising housing demand.
“Advertised listings trended lower through May with roughly 1,800 fewer capital city homes advertised for sale relative to the end of April. Inventory levels are -15.3% lower than they were at the same time last year and -24.4% below the previous five-year average for this time of year,” he said.
“With such a short supply of available housing stock, buyers are becoming more competitive and there’s an element of FOMO creeping into the market. Amid increased competition, auction clearance rates have trended higher, holding at 70% or above over the past three weeks. For private treaty sales, homes are selling faster and with less vendor discounting.”
The trend in regional housing values has also picked up, with the combined regionals index rising half a percent in April, following a 0.2% and 0.1% rise in March and April.
“Although regional home values are trending higher, the rate of gain hasn’t kept pace with the capitals. Over the past three months, growth in the combined capitals index was more than triple the pace of growth seen across the combined regionals at 2.8% and 0.8% respectively,” Mr Lawless said.
“Although advertised housing supply remains tight across regional Australia, demand from net overseas migration is less substantial. ABS data points to around 15% of Australia’s net overseas migration being centered in the regions each year. Additionally, a slowdown in internal migration rates across the regions has helped to ease the demand side pressures on housing.”
Premium housing markets in Sydney continue to lead the recovery trend. After recording a larger drop in values, Sydney’s upper quartile (the most expensive quarter) stands out with the highest rate of growth, gaining 5.6% over the past three months compared with a 2.6% rise in more affordable lower quartile values.
“Buyers targeting the premium sector of the market are still buying at well below peak prices,” Mr Lawless said.
“Although values across more expensive homes are rising more rapidly, ......
January marked a new record for how much and how fast dwelling
values have fallen in Australia. Based on the monthly index, the
national HVI is down -8.9% since peaking in April last year, making this
the largest and fastest decline in values since at least 1980 when
CoreLogic’s records began.
So far, Brisbane (-10.8%*
) and Hobart (-10.8%) have registered the
largest declines on record for those cities. Sydney home values are down
-13.8% and not far from surpassing the 2017-19 drop of -14.9% to set a
new decline record.
The third edition of the CoreLogic
Women and Property report provides
an update to the state of home
ownership for men and women across
Australia and New Zealand as of
January 2023.
Best Regards,
Linda 姬琳达珍 and Carlos Debello (LREA)
LJ Gilland Real Estate Pty Ltd
Debello LREA推荐书LJ Gilland房地产
http://ljgrealestate.com.au/testimonials/
This document provides an overview and outlook of the Australian property market in 2022 and 2023. It summarizes that rising interest rates led to a decline in national home values in 2022, with values falling 3.2% nationally driven by a 5.2% decline in capital cities. Regional home values rose 3.3% over the year. The outlook expects further interest rate rises and home value declines in 2023, with a potential bottoming out once interest rates peak, though serviceability remains a risk. Rental growth was strong in 2022 and migration recovery could boost investor and first home buyer activity as values find a floor.
The national monthly increase of 1.3% is the slowest rate of growth since January 2021 when values rose 0.9%. The annual increase of 22.2% has added approximately $126,700 to the median value of an Australian home in the last 12 months.
Beyond the headline figure, capital city and regional home values are diversifying as stock levels rise and affordability decreases. Houses continue to outperform units, regional markets and rental growth remain strong and a rise in listings is contributing to a subtle softening in vendor metrics such as days on market and auction clearance rates.
Will it be a hot, warm or cool summer for the market?
Foreign nationals bought up more than $55.8 billion worth of Australian property during the last financial year, down 33% as the pandemic shut the country’s borders.
The Foreign Investment Board’s annual report shows property approvals were down again, having almost halved in the space of just four years.
The report shows Chinese investment was up 16% over the same period, while Queensland is quickly becoming a “top destination” for foreign investment.
According to a variety of reported opinions, it’s Brisbane’s time to shine. The city has seen a stop- start-stagnate property market for close to a decade, with myriad factors (floods, unit oversupply, high unemployment, global pandemic) keeping our values
Australian housing values finished the year 3.0% higher according to data released by @corelogicau today. The growth rate for regional housing values (+6.9%) was more than three times higher than the pace of growth across the capital cities (+2.0%)
This document provides an overview of the residential property market in Australia, specifically discussing whether the traditionally strong Spring selling season will see increased activity in 2020 given the COVID-19 pandemic. It includes the following:
- National property market updates on housing and units from Herron Todd White valuers. Many coastal and regional markets are still seeing good demand while city unit markets have weakened.
- Discussion on the Sydney market, noting inner-city family homes have remained price resilient. The $1-2.5M inner-west sector is performing well. More listings are expected in Spring but downward price pressure may increase with more stock.
- Comments from real estate agents that while listing and transaction volumes are down year-
“The blowout in rental vacancy rates for the major CBDs suggests a mass exodus of tenants occurred over the course of March and April. This might be attributed to the significant loss in employment in our CBDs plus the drop off in international students,” he said.
Brisbane and Adelaide both saw their CBD vacancy rate double as well, albeit from smaller bases, jumping to 11.3% and 6.6% apiece.
Looking at the capital city markets as a whole, Darwin proved the only exception to rising rates across the board.
CoreLogic head of research Tim Lawless said, “Although housing values were generally slightly positive over the month, the trend has clearly weakened since mid-to-late March, when social distancing policies were implemented and consumer sentiment started to plummet.”
The capital city markets generally showed a weaker performance relative to the regional markets, with the combined capital cities index up 0.2% in April compared with a 0.5% rise across the combined regional markets.
View the COVID-19 V Australian Property Report here. At a Glance:
Even with the impact of COVID-19, the experts most commonly believe in 12 months prices will be higher than they are now (27 percent of respondents).
Overwhelmingly, (72 percent) of respondents, felt that NSW would be the hardest hit.
Short Term residential rental properties, like AIRBNB and holiday homes, are in the firing line, whilst high cashflow and diversified rooming houses on fixed-term leases are highlighted as the most resilient.
Respondents said the peak COVID-19 impact would be felt between the 3 to 12-month mark from mid-March 2020
Valuing experts explore what buyers are looking for in each housing market. This is especially useful knowledge as the market establishes its direction for 2020.
Housing values rose across Australian cities and regions in January 2020, according to CoreLogic's Hedonic Home Value Index. Sydney and Melbourne saw the strongest gains of 1.1% and 1.2% respectively. Overall the national index was up 0.9% in January, bringing the annual growth rate to 4.1%. While the recovery is broad-based, slowing growth signals affordability pressures are rising in large cities like Sydney and Melbourne.
Dwelling values rose by 1.1% over the month of December and by 4.0% over the quarter to finish out 2019 on a positive note according to the CoreLogic national home value index. This result represents the fastest rate of national dwelling value growth over any three month period since November 2009. Darwin was the only region amongst the capital cities and ‘rest-of-state’ areas to record a fall in values over the month, with a -0.5% decline
Dwelling values rose 1.2% nationally in October, marking the fourth consecutive month of growth. Melbourne had the strongest growth at 2.3%, overtaking Sydney, while Perth was the only capital city to decline. Rental yields are falling due to rising values and stagnant rents. While listings remain low, buyer demand is improving the market recovery.
1. scheer tips
March 2012
report is required for malicious damage
Accidental Damage, claims. Wear and tear and poor housekeeping are
Malicious Damage, not generally covered in an insurance
Deliberate Damage: An act that will alter policy, even where a property may be
Deliberate damage and the current state of an item, however the brand new prior to being occupied by
act is carried out without any spite, malice tenants. As a Property Manager, you can
wear and tear. What is or vindictiveness. An example is putting monitor this during routine inspections and
the difference? picture hooks into walls without outline to the tenants at the outset of the
permission. This is not a vindictive act, it Lease the expectations of cleanliness,
is however a deliberate action but maintaining the property etc. Ensure that
A common query we often hear from generally with the intent of making the they are aware that any damages or
Property Managers and Landlords is ‘what property more homely. maintenance is reported to your office
is accidental damage and how is this immediately and that these are rectified in
different to malicious damage, deliberate Wear and tear: Damage which occurs a timely manner.
damage and/or wear and tear?’ naturally and inevitably simply because
people reside in the property. Wear and Landlords should expect fair wear and tear
From an insurance perspective, we define tear occurs just as much in an owner to their property, as would happen in any
them as per below: occupied property as it does in a rental home that is being lived in.
property and may include scuff marks on
Accidental Damage: An unexpected or walls, carpet in walkways appearing worn,
sudden loss. This is generally something small marks on lino etc.
that is an accident and not planned or
intentional. Examples include spills on Another area of contention sometimes can
carpet and damage to furniture. be ‘poor housekeeping’. This is where a
tenant maintains a property in a poor
Malicious Damage: Damage which was condition but where no damage has
motivated by spite, malice or occurred. This can include tenants who do
vindictiveness with the intention of causing not clean up after themselves, who don’t
damage. Examples include holes kicked/ air their house, who don’t regularly clean
punched in walls and doors, graffiti and areas such as carpets, ovens and
doors knocked off their hinges. A police bathrooms etc.
Comments from Carolyn
It’s March - time to celebrate the best of the best in Australian Real Estate. We are very much looking forward to celebrating the
success of Property Managers at the REIA Awards for Excellence in Darwin later this month.
This month we’re celebrating the efforts of Property Managers. The Property Management division of any Real Estate Agency is
generally the constant cash flow that keeps the business ticking along during down turns in sales. Sadly, it often seems the only time
the value of the Property Management department is recognised is during a down turn in sales. There are savvy property managers
with an entrepreneurial spirit in the industry who have recognised the value in focussing only in managing investment properties rather
than sales and who have opened their own businesses to do just that - we wish them well; there is a lot of value in a business which
focuses on doing one thing better than anyone else. As a property investor myself, I wouldn’t dream of trying to manage my own
property, I just don’t have the time for it and I know it’s in very safe hands with my wonderful Property Manager.
Terri Scheer continues to support and promote property management through sponsorship of major events focused on property
management. You may have heard our new radio ads where we tell people to “talk to their Property Manager” about landlord
insurance, the reason for this is two fold, 1) to prompt those who manage their own property to think about appointing a Property
Manager and 2) to prompt those who don’t have insurance to talk to their Property Manager about it - it’s much easier for you when
the Landlord broaches the subject with you. We’ll also be at the LPMA 2012 Forum at Jupiters on the Gold Coast at the end of April.
We’ve been part of the LPMA Forums since their inception and it’s been fantastic to watch them grow in both numbers of attendees
and in quality of speakers. LPMA is all about excellence in property management and we encourage those who have been thinking
about attending to do so - every opportunity to learn should be grasped.
As always, I welcome your feedback about anything at all to do with Terri Scheer, email me at carolynm@terrischeer.com.au.
To all the finalists in the upcoming national awards, well done on making it to the National Awards; it’s great recognition of your
efforts.
Warm regards, Carolyn
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Insurance otherwise you might be at risk of providing advice. Please contact Belinda Butler belindab@terrischeer.com.au if you need further advice.
Terri Scheer is happy to provide you with this information. However, if you would rather not receive future issues please let us know and we will delete you from our distribution list.
2. scheer tips
A recent claim Leading Property Managers
The benefit to the Landlord in this
situation was that we were able to of Australia 2012 Forum
We have recently dealt with a determine which damage the tenant
situation where the tenant absconded did and what damage the unknown We are proud to support and be a sponsor of this
from a rental property owing rent as person did. This was due to the event and believe that your team may benefit
well as having caused damage to the detailed Exit report the Property enormously by attending.
property. Damages included stained Manager had completed. The The LPMA 2012 Annual Forum will be held at
carpets, holes in walls and writing on landlord was also able to be paid loss Jupiter’s Hotel and Casino on the Queensland
many walls. of rent whilst the property was un- Gold Coast on Thursday 26 April and Friday 27
tenantable as a result of the April 2012 and is open to all industry practitioners
Whilst the Property Manager was damages. across Australia and New Zealand.
organising quotes for repair, there
was a break in (by an unknown When claiming for damages it is For more information about the LPMA 2012
person) who painted graffiti on the important to have Entry reports, Forums, visit www.lpma.com.au/forum or contact
external walls of the house, smashed Routine Inspection reports, colour Dixie Walters at dixie@lpma.com.au (02) 8507
windows and damaged the front door labelled photos and a detailed Exit 2428.
in their attempt to break in. The total
report from the final inspection. These
damages exceeded $5,000.00. documents help us determine the
extent of any damages and how they
As the Landlord had a Terri Scheer may have been caused.
Landlord Preferred Policy as well as
Landlord Residential Building policy, Please remember if you have a
both incidents of damage were situation at a rental property where
covered. The damage by the tenant damage looks likely to exceed $2,000
was covered in the Landlord that you contact our office so that we
Preferred Policy and the damage by can arrange an Assessor to attend
the ‘unknown person’ was covered the property and review the damages.
under the Landlord Residential
Building Policy.
Did you know that any
landlords who sell their
property or that they now
occupy where a Terri Scheer
policy was in place are
entitled to a pro-rata refund
of their insurance?
Simply advise us by
completing the Cancellation
form on your CD and send it
Did you know that Property Managers can through—we’ll do the rest!
arrange cover online? Visit our new website:
terrischeer.com.au
Disclaimer: this publication is intended for general information only. Terri Scheer Insurance accepts no liability for any actions taken by any persons acting on any information contained within this
document. Advice contained within this document is general advice only and has not taken into consideration anyone’s personal financial needs or objectives. Any person considering a Terri Scheer
Policy should first consider the Financial Services Guide and Product Disclosure Statement prior to making the purchase decision.