Lennar, one of the nation’s biggest homebuilders, posted year-over-year increases in profits, deliveries of new homes, and new orders in the third quarter on the heels of a robust housing market fueled by low interest rates and tight inventory, according to a company earnings report Tuesday.
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Day: <span>September 17, 2020</span>
A new study by GoBankingRates looks at the top U.S. cities most likely to see a poor housing market in the near future.
Coldwell Banker began the next chapter in its ongoing rebranding efforts Wednesday when it unveiled new logos and imagery for its high-end Coldwell Banker Global Luxury program.
Ahead of Coldwell Banker’s Gen Blue 2020 conference, CEO Ryan Gorman explained his continued passion for fair housing and how to improve housing equality.
Josh Team shared exclusive insight from Google that shows why there’s so much market share up for grabs right now and how agents can take advantage.
Team leaders can now distribute leads to teammates via a routing feature and connect with their team and clients through updated customer service features.
A Townsville house on 13 acres has hit the market, complete with its own professional motocross track.
That same track has been given a test-run by one of the world’s top MotoGP champions. Located at 28 Granitevale Road in Alice River, the sprawling property is being marketed as the “Australian dream with enough space for children to be children”.
And while the motocross track would be enough to get any red-blooded kids heart (and motor) racing, that is not the only fun feature that this property boasts.
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The motocross track has been professionally built. realestate.com.au
Inside the four bedroom, AP Williams & Co designed house is an activity room and a large theatre room – perfect escapes for those stinking hot and muggy days that are on their way.
And the house has some awesome features as well.
The theatre room
But it is outside this property truly shines as the ultimate playground.
In addition to the motocross track is a large in-ground swimming pool, a huge deck, a large outdoor entertaining area complete with an outdoor kitchen and built-in gas barbecue, a dam and a gym (equipment included) inside a Colorbond shed with power and lighting.
With the heat dialling up, the pool will be a top spot to cool off.
The gym
As for the residence, it is 400sqm under roof and has four bedrooms, three bathrooms,
spacious open-plan living areas including 3.1m high ceilings in the main living area, a study and airconditioning.
The master bedroom has a walk-in wardrobe, a large ensuite with a spa, a double vanity and a double shower.
Swish!
How’s that for an ensuite?
One of the three bathrooms has a gas instantaneous unit to guarantee hot water, even when the power goes out.
The kitchen has an integrated fridge and dish drawer, V-Zug appliances, a large butler’s pantry with sink and room for a dishwasher.
Other outdoor features include a solar system, a bore with a new submersible pump, automated irrigation with pop-up sprinklers to over 50 per cent of the 13 acre property and two 30,000 litre water tanks.
The property is owned by Steve Hannah of Hannahbull Hydro Excavations and wife Sharni (nee Williams), the granddaughter of Alexander Park (AP) Williams, who founded AP Williams & Co in 1932.
Mrs Hannah, who designed the house, said Townsville-born world Moto-GP champion Jack Miller had taken a few spins around the track, as had her nephew, Kayden Downing, who is now racing in the US.
Jack Millerheads down a straight during the MotoGP Of Tests In Misano at Misano World Circuit on September 15, 2020 in Misano Adriatico, Italy. (Photo by Mirco Lazzari gp/Getty Images)
The property is listed for $1.35 million
It is listed with husband and wife duo and Open Property Townsville agents Michael Gilbertson and Carrie Hubert.
“Open Property have had the opportunity to sell some fantastic acreage properties however this one is something very special, this might be North Queensland’s best back yard,” Ms Hubert said.
“It isn’t often you find a home built of this size and quality that features a professionally built moto cross track, in-ground swimming pool and purpose built dam.
“The residence has been live on line for 24 hours and we are already receiving a number of inquiries.”
The post The Townsville designer home and acreage complete with its own motocross track appeared first on realestate.com.au.
The volume of mortgage applications declined 2.5 percent for the week ending September 11, according to the Mortgage Bankers Association’s weekly survey.
Senator Pauline Hanson and political advisor James Ashby.
CONTROVERSIAL political adviser James Ashby has embarked on a renewed push to sell his investment property in the central Queensland coastal town of Yeppoon.
The block of four townhouses, which is owned by the right-hand man to One Nation leader Pauline Hanson, is back on the market with a new asking price of offers over $440,000 with Harcourts Yeppoon.
This block of units in Yeppoon, owned by James Ashby, is back on the market.
It had previously been listed for sale with another agency for $425,000 earlier this year, and before that, $455,000.
The new listing describes the property at Raymond Terrace as “designed and built to capture the sea view and sea breezes” and “perfect for first entry level buyers, investors and buyers hoping to downsize”.
This block of units in Yeppoon, owned by James Ashby, is back on the market.
“The units have always had long term reliable tenants and have been well maintained and cared for over the years”.
Inside one of the units in the complex in Yeppoon, owned by James Ashby, which is back on the market.
The complex consists of three, two-bedroom townhouses with open-plan living and kitchen areas, and one, one-bedroom townhouse on the ground floor.
The kitchen in one of the units in the complex.
The building is situated on a quiet street with accommodation for two cars and within walking distance to town and the beach.
The staffer recently made headlines again when it was reported he was suing the Commonwealth for $3.67 million in costs incurred in litigation against former speaker Peter Slipper for alleged sexual harassment in 2012.
The bathroom in one of the units in the complex in Yeppoon.
The post One Nation identity puts unit block back on the market appeared first on realestate.com.au.
Viewbank has been crowned Melbourne’s speediest property market, with houses typically flying off the shelves in less than three weeks.
Houses sold in a median of 17 days over the past year in the popular suburb, which agents say is being buoyed by leafy streets and top schools.
Realestate.com.au data shows North Warrandyte and Seddon houses were also snapped up at rapid rates, notching sales at a median of 18.5 and 19.5 days respectively.
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8 Robern Parade, Viewbank is for sale.
11 Castle Road, North Warrandyte was snapped up earlier in July.
Properties in Melbourne’s northeast dominated the list of the city’s fastest-selling suburbs, with speedy deals also recorded in Watsonia, Heidelberg and Heidelberg Heights.
Jellis Craig Eltham director Aaron Yeats credited Viewbank’s quick transactions to the area’s top-quality schools.
“Viewbank College is particularly very sought after, and even the local primary school is highly regarded,” Mr Yeats said.
“It definitely is selling a little faster than the suburbs surrounding and I think the reason is the suburb and the school zone are quite tight. So when properties do come up, people are keen to buy when they can.”
Agents say the areas are increasingly popular for families.
Realestate.com.au chief economist Nerida Conisbee agreed, noting the fast-selling suburbs pointed towards strong interest in family homes.
“Particularly with the suburbs in the northeast – they are all areas that are leafy and have great access to public transport, but also offer great affordability,” Ms Conisbee said.
Viewbank houses have a $980,000 median sale price, according to realestate.com.au data.
While she expected Victoria’s stage four real estate restrictions to extend the time properties spent on the market, she said it wasn’t curbing buyer interest.
“The issue isn’t demand, because we can see people are still looking at houses,” she said. “It’s just increasingly difficult to make that transaction at the moment.”
Realestate.com.au chief economist Nerida Conisbee.
For units, Sunbury scored the fastest sales of the past year in a median of 22 days, followed by Clifton Hill and Elwood at 27 days.
Blackbird and Wren Real Estate director Ben Roberts said demand had been strong for several years for Sunbury units, which were attracting first-home buyers and those looking to downsize.
5/54 Darbyshire Street, Sunbury sold in June this year.
“It’s not unheard of for a well-placed unit in Sunbury to sell after just a few days or a week on the market,” Mr Roberts said.
He said the market might see an upswing in fast-paced sales after lockdown, as budding first-home buyers who had been forced to put their purchasing plans on hold flooded back into the market.
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HOUSES
(Suburb, median number of days on market)
1. Viewbank, 17
2. North Warrandyte, 18.5
3. Seddon, 19.5
4. Watsonia, 19.5
5. Dingley Village, 21
6. Murrumbeena, 22
7. Heidelberg, 23
8. Woori Yallock, 23
9. Bayswater, 24.5
10. Heidelberg Heights, 24.5
UNITS
(Suburb, median number of days on market)
1. Sunbury, 22
2. Clifton Hill, 27
3. Elwood, 27
4. Balaclava, 27.5
5. Balwyn North, 29
6. Bayswater North, 29
7. Bentleigh, 29.5
8. East Melbourne, 30
9. Ferntree Gully, 30
10. Kew, 30
Source: realestate.com.au
The post Melbourne’s fastest-selling suburbs: Viewbank, North Warrandyte top list appeared first on realestate.com.au.