Archive for February, 2009

Shame On You February 28, 2009 No Comments

What were they thinking, Pacific Brand paying their executives more than double their usual salaries while crying poor and then closing down the factories and laying everyone off. And what was McDonalds thinking with their new socio economic pricing strategy – basically putting up prices in lower income areas where they sell more?!! Isn’t it the more [...]

INTERESTING STATISTICS February 26, 2009 No Comments

There seems to be one sector of the real estate market that is humming along quite nicely and that is the first home buyers market.

Some interesting statistics in the Financial Review on 25th February show just how the “First Home Owners Boost” is working:

30,000 people have made a first home purchase since mid October [...]

Local Charity In Global Financial Climate February 19, 2009 No Comments

The real estate market began for 2009 with only 3 auctions scheduled for the first week.
So this week I thought you might be interested to hear about a local business who has done a great thing for the bushfire victims in Victoria.
While we all are concerned about the value of our property, seeing so many [...]

Buyers Agent Vs Selling Agent – Battle? February 9, 2009 No Comments

With more and more real estate buyers using the services of a buyer’s agent, I often get asked about being on the other side of the fence. For example:-
• How do selling agents perceive your service?
• Do they see you as the enemy?
• Will they deal with you?
To the contrary, the professional selling agents actually value our service [...]

The Reserve Bank Wasn’t Listening February 5, 2009 No Comments

Comfort words/phrases such as “cushioning the economy” are all the rage right now with the Reserve Bank, explaining their recent rate cut policy.
Simultaneously the government is telling us to spend, spend, spend!
Don’t they realise it was only 9 months ago that the Reserve Bank was still raising interest rates (and the banks only 8 months [...]