Effective July 1, 2014, the NC Real Estate Commission has issued a brand new version of the Residential Property and Owners Association Disclosure Statement, which includes a change to query #24. Moving on then to the CMA’s closing report on Residential Property Management – we are able to see that X specialists were used over X months to come back to the conclusion that the marketplace for residential leasehold management works pretty effectively – although there are a small minority of landlords and brokers who’ve traditionally abused their place and probably continue to take action. No shit Sherlock!
Going into 2016, credit restrictions on buyers, worsening affordability in Sydney (and to a lesser extent Melbourne) and a large current pipeline of residential building, particularly in the residence market, ought to see average nationwide home price growth gradual to just 1% (2.3% previously), with weaker expectations in all capital cities (significantly Sydney and Melbourne).
You could brief bank shares as they’re exposed to residential property markets, you could possibly short retail stocks (falling property prices would lead to a diminished wealth impact resulting in lower shopper spending) or you can short the Australian dollar (which might weaken if property costs crashed because the Reserve would effectively be forced to implement a ZIRP).
As real estate consultants and practitioners market their properties, they recognize that so as to generate success, their data must be properly circulated and this information ought to be available, accessible, dependable and affordable to the property buyers, sellers and buyers with velocity, precision, accuracy and on the magic moment when the consumer wants the data.