Buyer FOMO is cause for compromise in a hot market

Buyer FOMO is cause for compromise in a hot market   When lifestyle show presenters ask property-hunting hopefuls what compromises they’ll make, the usual response is: “None.” We know how that will end.   Compromise can be the key to successfully finding a home, and never more than in a buoyant market like Melbourne’s. Agents…

Does your house in Melbourne earn more than you do?

Does your house in Melbourne earn more than you do?   Does your house earn more than you? As the property market booms, homes in several suburbs have risen in value more than residents were paid in wages over the past year.   A third of Victorian suburbs recorded house price increases that were higher…

Regional Victorian real estate agents wary of push for private inspections from Melbourne house-hunters

Regional Victorian real estate agents wary of push for private inspections from Melbourne house-hunters     Real estate agents in Victoria’s regions are wary of a push to allow locked-down Melburnians to inspect properties outside the city, in the wake of a regional NSW lockdown sparked by a house-hunter.   The Real Estate Institute of…