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18 Oct 14 - Real Estate News

Foreign buyers face tougher penalties for breaching real estate laws
Ms O'Dwyer told Fairfax Media the inquiry was considering beefing up penalties for foreigners who flout real estate laws, to make them proportional to the value of the property purchased.

South Australian real estate agents to be rated on new website, shaming bad ...
The site, modelled on popular travel site Trip Advisor, will launch next month allowing vendors to write and view verified reviews of real estate agents. Agents will also be allocated a star rating based on the level of consumer ...

Chinese Real Estate Buyers Turn to Tokyo
Chinese investors' appetite for Japanese real estate is rising as the yen continues to sink. So far this year, Chinese individuals and companies have bought almost $230 million in real estate, more than triple the amount from last year, according to ...

Auction bonanza to stretch Melbourne real estate market
Mr Sheehan, who is managing director of Kevin Sheehan Real Estate in Kew, said he recalled a weekend in May 1988 in which more than 1500 auctions were held, but he did not believe Melbourne had ever before staged 1800 auctions in a weekend.

Real estate poses biggest risk to China's economy, says PBOC key man
The rare public comments from a senior finance official on China's weakening property market confirm concerns held by analysts about the flow-on effects from slower real estate investment. Dr Ma, a former economist at the International Monetary Fund ...

Not much money in this property play for temporary boss ...
News Corp-controlled (REA) might be a corporate success story but you wouldn't know it from the pay packets on offer.

There is no real estate bubble, pros say
"We don't think there's a broad-based bubble in the real estate market today nor do we think there's one coming in the next year or two," said Chris Graham, a senior managing director at Starwood Capital Group (STWD), a $37 billion real estate ...

RBA's warnings take some heat out of property market, say real estate agents
Attempts by the Reserve Bank of Australia to talk down what it sees as overpriced housing markets in Sydney and Melbourne have had some impact, according to real estate agents. A growing number of property agents around the country are reporting ...

News Corp in $US950m deal to buy US online real estate business Move
News Corp., the newspaper publisher controlled by Rupert Murdoch, agreed to buy the owner of for $US950 million ($1.09b), expanding its digital real-estate listings to compete with sites such as the James Packer-owned

Monaco Murders Reveal Six Hidden Real Estate Billionaires
On the evening of May 6, a man carrying a shotgun approached a black Lancia Voyager pulling out of a hospital parking lot in Nice, France.

Five real estate reasons why your house will not sell
“If you're moving out of the house you need to emotionally move out of the property at that instant - not after the property is sold,'' Mr Gray said. He advised sellers to take advice from their agent about what decorations to use and whether the home ...

Sydney Thunder recruit Nathan Hauritz ready for a real estate boom
Former Test spinner Nathan Hauritz is just four months into his real estate career but he admitted few pieces of property would be as valuable to him this summer as the unfamiliar setting of the Sydney Thunders' new home ground, the Sydney Showground.

Role of DLF I-bankers under Sebi lens? Real estate giant moves SAT against ...
Though the capital market regulator is yet to send a legal notice to any of the investment banks involved with the real estate developer's initial public offer (IPO), bankers are worried about the implications of the recent Sebi order on the way they ...

Independence Day for real estate agents
In Australia right now, one of the biggest issues affecting real estate agents is the state of the portal market. Is the biggest portal charging too much?

Augmenting home buying: Technology vs the real estate industry
If there's any industry that's tied to tradition here in Australia - in my opinion it's the property sector. However, when it comes to innovating, real estate players are increasingly - and finally - realising that the 'ain't-broke-don't-fix' mentality ...

'Elaine' rumoured to have sold for a new price record
Several prestige Sydney agents, from both sides of the bridge, have told Property Confidential that a sale has already taken place.

Man charged with kidnapping real estate agent while she showed home for sale
A US man has been arrested for kidnapping a real estate agent whose husband was sent bizarre text messages from her phone after she disappeared.

Real Estate Regrets: 80% of Homeowners Want a Do-Over
Every house-hunter has a wish list and every homeowner probably has a "wish I researched" list. In fact, 80 percent of homebuyers have at least one major regret about their new home, according to a recent HSH.

7 Daily Steps to Steadily Build a Real Estate Empire
If you want to buy real estate deals, the harsh reality is that it usually takes a chunk of your own change. Yes, you can find investors, but the more money they put in, the better terms they get.

Dear Monty: Is your real estate agent a secret agent?
Reader question: We have been looking at homes with a real estate agent friend. We saw one we like and asked her what is it worth.

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