"INVESTORS renovating homes to sell are coming out of the woodwork to make a quick buck.
The success of home renovation shows like The Block and House Rules is driving the popularity of house flipping, — the art of renovating a home and selling it for quick profit."
"If you had the means to finance several million dollars worth of residential property, where would you put it?"
"Fixed mortgage rates look set to stay at historic lows for at least the next few months, as banks try to pinch each other's customers and investors bet the Reserve Bank will leave official rates on hold for longer."
"THE housing market has had a solid year with steady price rises in most areas, supported by a growing population, low interest rates and an insatiable appetite among investors.
But hold on to your hats: this year, the market looks far more rocky."
"THE struggle to buy into Australian property has been laid bare in a report confirming the nation is home to some of the most overpriced housing in the developed world."
"BUYING a home is the biggest expense most people will incur in their lifetime.
But coming up with a deposit and maintaining mortgage repayments aren’t the only financial hurdles to home ownership."
"With the ATO paying more attention to property investors we thought it prudent to cover one of the most common questions posed to us here at BAG, are buyer’s agents fees tax deductible? In short it depends on the services rendered that compose the buyer’s agent fees."
"Australia's housing boom is on the cusp of a cooling period, with a looming housing correction a possibility over the next year, according to research house AllianceBernstein."
"When Stratos Pavlis, 50, bought his first home he walked around it a few times and signed the contract. But he learnt pretty quickly this wasn't the best way to buy a house.
"After a while I had to renovate the kitchen. When I took out the kitchen cupboards, the walls started deteriorating," he says."I also noticed on rainy days one corner of the house seemed to flood.""
"Out of 86 cities across the world with over a million people, house prices relative to incomes in Sydney and Melbourne were the third- and sixth-most expensive. That's the finding of the latest annual survey of house prices released this week by Demographia."
"The Reserve Bank has warned there is a rising risk of a significant fall in house prices if "speculative demand" fuelled by cheap credit continues to pump up property prices."
"Homeowners in Sydney and Melbourne are so mortgaged to the eyeballs that any drop in house prices would be a disaster, a leading bond manager says."
"Housing is an expensive option for investors, offering low rental yields compared to all other assets except bank deposits and government bonds."
"ALMOST 30,000 people have five or more homes negatively geared for tax offsets, costing the nation up to $5 billion a year in lost revenue."
"Evidence is anecdotal, but it seems that some developers are paying finder's fees of about $10,000 a client."
"BUYERS need to earn more than $114,000 a year to afford a median-priced house in Melbourne, research shows."