REAL ESTATE

Refund Brokers Still Eyeing Bid

Refund Home Loans franchisees still plan to bid for the business, but have expressed frustration with administrator SV Partners.
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Property Investments that Might Earn Big in 2012

A survey of more than 360 internationally renowned real estate professionals, including investors, developers, property company representatives, lenders, brokers and consultants has revealed the emerging top earners for the real estate sector in 2012.

Prolink Puts Off Holidays in Christmas Rush

Prolink Finance Solutions’ Muzi Dandachli will be postponing holidays until late January or early February to cope with demand which is having his business colleagues ‘chasing their tails’.

Celebrities Suffer Investment Losses, Property Foreclosures

Not even wealth and fame could shield them from the financial crisis gripping homeowners in the United States. Celebrities were also victims of bank foreclosures and lost millions invested in properties acquired when real estate was booming.

Global Housing Markets Struggling

The world's housing markets had a weak third quarter of 2011, according to the latest survey of world-wide house price indices prepared by the Global Property Guide. During the year to end Q3 2011, house prices fell in 25 countries, of the 44 countries for which quarterly house price statistics are available, and rose in only 19 countries.

Sydney Ranks High in Commercial Real Estate Investment Sites for 2012

Sydney is ranked as the third most favourable market in the Asia Pacific region for commercial real estate investment next year, largely due to the resiliency of the Australian economy, according to Emerging Trends in Real Estate® Asia Pacific 2012, a real estate forecast jointly published by the Urban Land Institute (ULI) and PricewaterhouseCoopers (PwC).

Carn leaves Homeloans for NextGen

NextGen.Net has announced the appointment of Tony Carn as its new sales director, with Greg Mitchell stepping in to fill a combined general manager of sales role at Homeloans.

Review: NAB Broker Revamps Segmentation

NAB Broker will pay 65 basis points up-front to all brokers from 1 January 2012, as part of a wholesale change to its broker channel segmentation strategy.

Banks React: Commissions Will Stay Put

NAB's major bank competitors have all reacted to NAB Broker's commission restructure by saying they plan no immediate changes to their own broker remuneration structures.

China’s Falling House Prices

The Chinese authorities have succeeded in making good on their promise to lower property prices, but this bid to make housing affordable for the greater half of the Chinese population mightprove particularly costly for the Chinese economy as a whole.

Bye Bye Bunga Bunga

A new Italian government headed by Mario Monti, a respected economist and former European Commissioner, has replaced the government of Silvio Berlusconi, who had dominated Italian politics for 17 years.

Canadian Housing Market Refusing to Stall

The Canadian housing market continues to function in a consistently insensitive manner. It's like it fails to realize that the rest of the free world is hurting, and this persistent, and seemingly abnormal, growth is bound to cause more offense than awe.

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