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Now here's a report that will excite you! Alan Oster Chief Economist NAB Ltd It is from an Economics Paper presented at the Uni of WA What Determines House Prices: What the Australian Data Tells Us page 10 In this section, we attempt to put a little more rigour into an explanation...

Looks like Luke Saraceni was a little over leveraged Beleaguered property developer and rich list member Luke Saraceni has had more of his assets seized by receivers, just a week after the collapse of his $500 million Perth office tower project, Raine Square. Yesterday, receivers from...

Call it slight of hand or smoke and mirrors, Australian property valuation standards are low and can be manipulated to benefit the commercial interest of valuers and the banks. If buyers and borrowers believed they were adequately protected by valuation industry standards this could be no...

Australians have racked up a record $48.8 billion in debt on credit cards. According to new figures, Australians are sinking into record levels of credit debt, often being lured to spend more with bank loyalty programs or special offers. We now collectively owe close to $49 billion...

Here it is, the truth from the ANZ Bank and First National Real Estate Australian houses are not overvalued, prices should rise over next 12-18 months: ANZ 2011 could see property recovery: First National Just another point of view and advertorials cheers

During the boom in Perth some Valuers overvalued property. The buyers (FHO's) accepted the trusted specialist, the licensed valuer and the bank accepted the valuation. Everyone wanted a sale, commission and the lender seeking interest income. With e.g. 80% LVR (20% owner equity), 90% LVR (10%...

Could this post be accurate? See original post here on Wall Street Cheat Sheet An excel spreadsheet released from a recent briefing by Mark Zandi and Robert Shiller is making the rounds within the blogosphere. It provides a useful compilation of the underwater equity statistics in...

Here's another point of view. THE Santos board yesterday signed off on spending $US4.8 billion on the biggest single project in the company's 56-year history. In a deal that will be transformative for the Adelaide energy company, it will build a $US16 billion liquefied natural gas plant at...

Check out this West Australian story Couple Pay High Price For Dream To own a home they need to be workaholics. How many FHO's can actually find long work hours and how many years can they sustain long working weeks? How many decide share accomodation or stay at home is better? Port...

Australian property investors risk losing hundreds of millions of dollars after snapping up thousands of US housing bargains at forced-sale prices, experts have warned. Emboldened by the soaring local dollar, Australians invested about $600 million in US residential property last year...

I was checking out the Sydney market looking for a valuer on yellow pages See here http://www.yellowpages.com.au/search/listings?clue=valuers--real+estate&locationClue=Sydney+NSW&x=39&y=20 What was fascinating is that the licensed/registered valuation companies were acting as real estate...

Australia’s housing market by international standards is strong. If residential property growth were 9% per annum (the so called long term average) for the next 3 years what can first home owners expect to pay for median priced property in 2014? To save a $60,000 deposit for a house now it...

According to the Australia Bureau of Statistics, in 2009 almost 19,000 first home buyers took advantage of the federal government’s housing grants each month (Our artificial mini boom). Or approx 228, 000 FHB's over 12 months. In 2010 however, this number dropped to just 7,460 p.m. This...

Prices in several US markets, including Las Vegas and Cleveland, are nearly down to 2000 levels. Check out the Wall Street Journal article Housing Recovery Stalls Wells Fargo & Co. projects prices will drop 8% more by mid-2011, given high supply. "Demand is still dead in the water,"...

Official figures show Australian banks now owe overseas investors a record $352.7 billion, equivalent to 27 per cent of the country's entire economic output. The extraordinary figure, contained in data from the Australian Bureau of Statistics, is fuelling concerns Australia's financial...

Might be worth having an awareness of the US mortgage market in 2011 and 2012 An IMF Report demonstrated that there is a significant number of Alt A and other loans resetting in 2011. What this means is that the mortgage crisis might continue in the USA and this might affect the cost of...

Here's a good story about the Santos and Korean LNG project SANTOS has cleared the way for a go-ahead for its $US16 billion Gladstone LNG project. A final investment decision is not expected until next month. This could be good news for the Brisbane and Gold Coast markets cheers

BIS Shrapnel's chief economist, Dr Frank Gelber, said "house prices will go up another 30 per cent over the next three years,'' check out The Age article Property to keep on booming, says expert BIS Shrapnel is a research, analysis and forecasting service ..

A Fitch Ratings Report has indicated Australian mortgage delinquencies increased in the year to September The delinquency rate rose to 1.54 per cent from 1.23 per cent from a year earlier. "It's not a small move. It's a considerable move," said Fitch's structured finance team associate...

Australian Property Monitor (APM) tips Perth’s property market to pick up strongly in 2011, as the latest mining boom gathers pace. Now the APM's outlook is a different tune to other housing forecasters, who are predicting the WA’s property market to be flat next year. As you read this...