WEEKEND READS: Catch up on the most interesting articles I’ve read this week

There are more interesting articles, commentaries and analyst reports on the Web every week than anyone could read in a month.

Each Saturday morning I like to share some of the ones I’ve read during the week.

Monday will be here before you know it, so enjoy for some weekend reading…and please forward to your friends by clicking the social link buttons.

Ever wonder how much your neighbour paid for their property?

No longer will you wonder about the value of your neighbors property says an article published on News.com.au.

You can now use Google Earth to not only peek at their backyard, but also see how much they paid for it.picket-fence

Residential sales prices for the last 14 years can now be viewed using a free plug-in that combines the satellite mapping technology we’ve come to rely on, with official property sales data.

It makes keeping up with the Joneses’ just that bit easier — but so far the function is only available in NSW.

In the past, nosy neighbours had to fork out for an RP Data search, which is fine if you have a serious property deal in the works, but too much hassle for those who merely want to satisfy their curiosity.

Read the full article here.

How to sell when you have to sell | 4 most dangerous words in property investment | Lazy Equity | 8 risk factors you have to know | Sunset Clause

Another great Real Estate Talk show produced by Kevin Turner.

In this show:

  • Michael Beresford from OpenCorp explains what ‘lazy equity’ is
  • Michael Yardney shares the 4 most dangerous words in property investment
  • Real Estate guru John McGrath joins us to explain what do if you have to sell a property under pressure
  • Valuer Jonathan Millar tells us what the 8 risk factors that will influence a valuers report are.

If you don’t already subscribe to this excellent weekly Internet based radio show do so now by clicking here.

ASIC takes property spruikers to Federal court

An article on Your Investment Property discusses an urgent injunction in the Federal Court of Australia against three companies involved in spruiking an investment property scheme.

The ASIC injunctions will prohibit Macro Realty Developments, Property Tuition (21st Century Property) and Education Holdings (21st Century Education) from promoting and marketing a proposed Pilbara property investment, which included a seminar that was to be held for prospective investors on 10 September 2015, until further order.auction clearance rate

ASIC alleges that the proposed Pilbara property investment was marketed and promoted by 21st Century Property and 21st Century Education using the tagline “Do you know how to buy Australian property, no money down?”

The proposed investment was to involve investors being appointed as directors and shareholders of a company and creating a trust.

ASIC also alleges that the investment documents in relation to the proposed Pilbara property investment are misleading and deceptive, and that the investment proposal is a financial product.

The matter is set down for final hearing on 26 October 2015 where ASIC will ask the Court to make declarations that the defendants contravened the Corporations Act, and for the injunctions against Macro, 21st Century Education and 21st Century Property to be made permanent.

Read the full article here.

Dwelling prices update due

Pete Wargent writes about the latest update on dwelling prices.
On Tuesday morning the ABS will release its latest dwelling prices data for Q2 2015, which is always an interesting series to analyse.
I previously looked at the Q1 2015 figures here.
Market forecasts are calling for a +2.4 per cent gain on a national basis, with Sydney driving most of the gains.
Westpac is looking for an even more bullish +4 per cent which would take annual price growth all the way up to +9.1 per cent.
The data series also provides some interesting data on dwelling supply.
Of course, the ABS series lags somewhat, but it is worth noting that RP Data’s Daily Home Value Index is no longer a sea of green, with prices now down for the quarter and for the year in both Adelaide and Perth.
Daily Home Value Index
Home values are also declining in Darwin.

People Judge Your Personality Based On These 7 Small Things

These small things are major giveaways to your personality according to an article published on LifeHack.org.

This is how people judge your personality and determine who you are and who you might not be.

1. Your handwriting

People with small handwriting tend to be shy, meticulous and studious while people who were more outgoing tried gaining attention with larger handwriting.Masked

2. Your preferred color

People who frequently choose black  clothes are sensitive, artistic and attentive to details, while those who love red live life to the fullest and proactive in their endeavors.

3. Biting your nails

Certain body-focused repetitive behaviors can say a lot about your personality. How your body reacts to situations, whether by pulling your hair, biting your nails or picking at your skin could elicit impatience, frustration, boredom and dissatisfaction.

4. Your shoes

Just by examining the cost, style, color and condition of the shoe, you can be able to guess about 90% of the owner’s personal characteristic such as his or her income, political affiliation, gender, and even age.

5. Your eyes

A lack of steady eye contact would reveal a lack of self-control and a weak will.

6. Your punctuality

How early or late you show up for an appointment or a meeting could form an impression, either negative or positive, about your personality.

7. Your handshake

Offering a handshake alone could be the different between appearing standoffish or sincerely friendly.

See the full article here.

Weekend video: Coffee Vs Tea

Which is better for you, coffee or tea?

Blogs you may have missed this week:

Focus On the Next Step

21 reasons you’re terrible at managing money

Will “walkable” suburbs outperform in the future?

The no. 1 driver of property price growth

To Sell or Hold

Common Investor Mistakes – Trying to pick the market [VIDEO]


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Michael is a director of Metropole Property Strategists who help their clients grow, protect and pass on their wealth through independent, unbiased property advice and advocacy. He's once again been voted Australia's leading property investment adviser and his opinions are regularly featured in the media. Visit Metropole.com.au

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