Chinese New Year home-hunting surge tipped for Perth

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Posted by meHOUSE Blog Team on February 13,2018

Original Source: Link UP to 10,000 Chinese tourists are expected to come to Perth this week and many are being tipped to make the most of Chinese New Year celebrations to scour the State’s property market. Leading Chinese international real estate website Juwai is predicting a home-hunting bonanza, with the seven-day national holiday viewed as the ideal time to scope out potential investments. Juwai chief executive Carrie Law said the number of January searches on the website for property in Perth were nearly double the previous three-month average. Data from realestate.com.au shows Chinese searches for the six months to February had...

Will Bitcoin Revolutionize How Real Estate Is Bought and Sold?

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Posted by meHOUSE Blog Team on February 13,2018

Original source: link  The past few months have been a crazy roller-coaster ride for bitcoin—and the folks who have the cryptocurrency. The value of the mysterious, paradigm-shifting bitcoin shot up nineteenfold from January to December of last year. It started 2017 at a valuation of $1,000 per unit, and ended it around $19,000. And then it all came crashing down, falling below $6,000 in early February. Feeling some motion sickness yet? So what does this have to do with housing? Quite a bit, it turns out. Folks who began accumulating bitcoin before its meteoric rise have found themselves rolling in some newfound dough lately. And increasingly, some of them are unloading their riches on...

BUYER BEWARE: CAUTIOUS APPROACH NEEDED FOR GOLD COAST OFF-THE-PLAN PROPERTY MARKET DURING 2018 COMMONWEALTH GAMES

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Posted by meHOUSE Blog Team on March 28,2018

Article source: Click here for link A recent report that more than $1 billion in real estate will hit the Gold Coast property market for the 2018 Commonwealth Games has sparked a warning from RiskWise Property Research. While it was easy to get caught up in all the hype of the Games, it was best to “proceed with caution” before signing on the dotted line and buying an off-the-plan property.  The property blitz, which has been described as “The Sale of the Century”, has seen developers fast-track towers and real estate agencies putting on extra staff to service the 600,000 day-trippers,...