Barry Stevens

Housing Prices in the Capital Cites are Suffering

The stats The price of housing in Australia’s capital cities has declined by 2.1 percent in the first quarter of 2011 with Brisbane, Perth and Darwin bearing the brunt of the areas hit hardest. Housing prices have declined by 0.6 per cent over the past ... Read >

Major House Hunting Errors

Buying a house is an emotional process. It will determine where you live, how far you will be commuting to work and what schools your kids will attend. You will have to be sure that whatever home you purchase that you can still make ends meet and that y... Read >

New Wave of Mortgage Stress

Those with home mortgages are defaulting on their repayments much faster given the current global financial crisis. Tight household budgets and elevated cost of living expenses are causing great stress to customers. Westpac records record gains ... Read >

Thoughts to Consider When Becoming a Landlord

There are some things to consider if you are thinking of jumping into the market of being a landlord. Being a landlord can provide you with extra income but does not come without hassles. If you have a property that you are considering leasing out to te... Read >

Banks and Home Loan Stress

Many Australians are suffering from the cost of living pressures and the high interest rates putting them in danger of possible home loan difficulties. Australians’ pocket books are feeling a little lighter due to the increasing petrol and utility prices... Read >

Commercial And Retail Constructions Hit With Higher Charges

A number of industry groups have reported that a new cap on charges remains much too high to allow further development of several commercial and retail construction projects across Queensland. Premier Anna Bligh announced that there would be a cap on the ... Read >

Higher Default Levels Putting Pressure On Domestic Housing Market

The latest figures point out that the numbers of mortgage customers defaulting on their loans is running a pace much faster than it was even at the worse part of the global financial crisis. The link between this trend and the rising costs of living shoul... Read >

Wesley Mission Report Show Homeless Rates Up Due To Limited Access To Rentals

Today more Australian families are facing the prospect of homelessness as the number of available rental properties and different forms of public housing continue to decline. This may be the troubling reality revealed in the findings of a report released ... Read >

Brisbane House Prices Lowest Among Australian Capital Cities

A series of contributing factors including the devastation of the Queensland floods and a general trend of economic declines over the last few years have converged to pull down the price of home in the city of Brisbane. In fact, reports indicate that it i... Read >

Australia’s Economy Affected By Natural Disasters

Despite first-quarter losses that resulted from the cycle of terrible natural disasters on the continent as well as with some of its primary trading partners, including Japan, many analysts and economists believe that the Australian economy may be enterin... Read >

The Limits Of The Australian Rental Markets

As it stands there are serious problems with the Australian rental market. The source of the issue, at this point, is real shortage in available properties. Worse still, there is every indication that this lack of open units will persist for the remainder... Read >

Some Common Mistakes Made When House Hunting

If you haven’t purchased a home before you may not realize how emotional a time it can be. Many borrowers can attest to the fact that they have let their emotions run away with them. It can be worse still when those experiences led to costly mistakes duri... Read >

Signs Point To Slowing Australian Housing Market

There are a number of indicators across the continent pointing to a slowdown of the Australian housing market. At least this is what a recently released report says. The bi-annual report was developed from a survey of 26,000 bank customers by JPMorgan and... Read >

Queensland Floods Causing Plummets In Property Values

It is no understatement to say that properties in the flood-ravaged Queensland region have been hit hard. In fact, current land valuations dropped tremendously, leaving many Australian homeowners with mortgages worth more than their homes. State Governmen... Read >

Protecting Yourself From Mortgage Fraud

Fraud is an unfortunate reality in many areas and industries across the economy. All manner of criminal acts and ethical violations have affected the financial, banking, and housing sectors in particular. No one wants to admit they are victims of mortgage... Read >