Tuesday, April 5, 2011

Wednesday, March 23, 2011

Supporting Earth Hour 26 March 2011

Eastern Suburbs Real Estate are going beyond the hour. No lighting or visual displays for entire weekend from close of business Friday.
http://www.beyondthehour.org/

Tuesday, March 1, 2011

The R.B.A. decides to leave interest rates on hold at 4.75%.

The Reserve Bank of Australia today decided to leave interest rates on hold at 4.75 per cent.

Each 0.25 per cent rate rise adds approximately $60 on to the monthly cost of an average Australian mortgage. In NSW the average mortgage cost is approximately $397,000.

Thursday, February 17, 2011

Owner Occupier Loans for New Property Fell in December 2010

driven by a marked fall in lending for the purchase of new dwellings, according to the Housing Industry Association. Read more..
http://www.reinsw.com.au/default.aspx?ArticleID=8352

Tuesday, February 1, 2011

The RBA's decision: keep rates on hold - a positive boost for the property market.

The Reserve Bank of Australia had decided to keep rates on hold at 4.75%. Further rate increases are strongly predicted during the year, therefore mortgage holders should embrace this opportunity to pay down their debt. The offical interest rate is currently 4.75%. Today's decsision will be a positive boost to the beginning of this year's property market.