Saturday Summary – some weekend property investment reading

Ed Torrez Mortgage News

 Each Saturday morning I like to share with you some of the interesting articles I’ve read during the week. This week there is a big emphasis on the interest rate cuts and the property price results for the first quarter of the year.

I’ve put them here all in the one place for your easy weekend reading and to make it easier for you to improve your property investment knowledge.

Enjoy your weekend….and please forward to your friends by clicking a social link button on the left. [Read more...]

Westpac Economic Update – some interesting news for our property investment markets

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What’s in store for our property investment markets?

In this video Westpac Chief Economist Bill Evans comments on the week’s market events with a look at the interest rate cut, housing market and Australian dollar, plus looking ahead to the employment report and next Tuesday’s Budget.

There’s some interesting news here for property investors

What’s going to happen to house prices now that interest rates are falling?

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You’d have to be living under a rock not to now the Reserve Bank (RBA) cut rates by 0.5% this week. And most economists think there is likely to be another one or two more rate cut later in the year.

So what does this mean to the value of your home and for you and me as property investors? I’ll answer this by doing a Q&A… [Read more...]

How would you like to buy your own town?

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The recent auction of Buford, Wyoming, attracted curious visitors from around the world – and by the end of it an unnamed Vietnamese bidder was the proud new owner of their very own town, according to a report at news.com.au

Buford’s properties and businesses were put up for sale by its sole resident and self-proclaimed mayor Don Sammons, who after 20 years in town decided it was time to move on.

Mr Sammons, a Vietnam War veteran, said he was quite emotional to find out someone from Vietnam had bought his little town on Wyoming’s high plains. [Read more...]

The Economist: Oops, Aussie house price growth has not been that high!!

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Recently economist Chris Joye highlighted a chart published by The Economist which challenges their suggestion that Australian property is overvalued and likely to crash. [Read more...]

Why in the world is there a property boom in Cuba?

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There are some things we just take for granted. Like the ability to buy and sell a car or a home.

Sure we sometimes complain that properties are expensive, but we just expect to be able to buy or sell something we own.

However…it’s not that way everywhere in the world. [Read more...]

Are Australian interest rates too high?

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There’s lots of speculation about what the Reserve bank is going to do with interest rates now that inflation is under control.

Dr Shane Oliver of AMP Capital discusses why Australian interest rates are too high, and shares his outlook for rates over the coming year in this 3 minute video. [Read more...]

Saturday Summary – some weekend property investment reading

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Each Saturday morning I like to share with you some of the interesting articles relating to property investment that  I’ve read during the week.

I’ll put them here all in the one place for your easy weekend reading and to make it easier for you to improve your property investment knowledge.

Enjoy your weekend…. [Read more...]

Fifteen wealth myths that hold property investors back

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Money doesn’t discriminate; it doesn’t care who you are or where you come from.

No matter what you did yesterday, today begins anew and you have the same rights and opportunities as everyone else to become wealthy. Yet the sad reality is that the majority of Australians will never achieve financial freedom. [Read more...]

National housing market stabilises in first quarter of 2012

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Australia’s housing market is showing signs of stabilising after home values rose 0.2 per cent in March according to RPData.

Not only has the market remained unchanged for the quarter ending 31 March 2012, it is also level with the 31 November 2011 home values across the combined capital cities. The flat result over the quarter is the strongest result since March 2011 when values increased by 0.7 per cent.

RP Data’s research director, Tim Lawless points out that while the quarterly result was an improvement on recent quarters, the Sydney housing market has been the primary growth driver.  [Read more...]