Rising taxes, interest rates and tightened tenancy laws. Here’s why landlords say they’re selling up lolita, 06/09/2025 For Alison Dougherty, being a landlord was always a two-way street. “The tenants depend on me and I depend on the tenants,” she said. “So it was always important for me to look after the tenants and no request unless it was unreasonable was ever knocked back. “And if I had a great tenant, which I often did, I wouldn’t raise the rent.” But after more than a decade as an investment property owner, Ms Dougherty joined what industry groups warned was an exodus of landlords selling up. Rising taxes, changing tenancy laws and biting interest rates are some of the reasons, according to one recent industry survey, that property investors are exiting the market in droves. “Many are selling their properties. Many are selling all of their properties,” Nicola McDougall from the Property Investment Professionals of Australia (PIPA) said. “And what our survey also showed — a significant percentage have actually said they will never be an investor ever again.” Nicola McDougall … Continue Reading
Austin realtors react after historic settlement axing commissions lolita, 05/09/2025 The National Association of Realtors is doing away with the standards commission for agents as part of a $418 million lawsuit settlement. AUSTIN, Texas — Real estate agents could soon be entering a whole new market. In a historic $418 million settlement, the National Association of Realtors decided to do away with the standard of a long-standing commission set for agents. The move will allow buyers and sellers to negotiate fees and potentially save them more with lower commission costs. The standard percentage reported is 6%. The trade commission has set these policies for home sales since the 1990s. Although this will ultimately affect how agents are compensated, some Austin-based real estate groups welcome the pending changes. Lesley Estes is the Director of Sales for the Byrne Real Estate Group in West Lake. She explained the excitement the team is feeling following the announcement because, according to Estes, this will give the group a chance to have more upfront conversations. “The difference now is that the consumer’s going to be informed of that. They’re going to be aware that there’s options on the table,” Estes said. “I think this is the perfect opportunity for us, as agents, to bring our … Continue Reading
Sinar Mas Land reveals that construction of the Nusantara Hotel at IKN will be completed in August 2024 lolita, 04/09/2025 ILLUSTRATION. Sinar Mas Land revealed the planned targets for completing the construction of the Nusantara Hotel in the National Capital City (IKN Nusantara). KONTAN/Baihaki/8/6/2023 Reporter: Venny Suryanto | Editor: Handoyo . KONTAN.CO.ID – JAKARTA. CEO of Sinar Mas Land, Michael Widjaja, revealed the planned targets for completing the construction of the Nusantara Hotel in the National Capital City (IKN Nusantara). Michael said that the Nusantara Consortium is targeting the construction of the Nusantara Hotel to be completed in August next year. “The target is to complete it by August next year,” said Michael in an official statement, Thursday (7/12). Also Read: Sinar Mas Will Develop BSD City into a Smart City Meanwhile, the Nusantara Consortium is currently preparing to do it again groundbreaking. Although Michael did not explain further regarding this plan. “There will be more development groundbreaking again as soon as possible,” continued Michael. Sinar Mas Group is part of the Nusantara Consortium, along with nine other giant domestic companies. The Nusantara Consortium is led by the Agung Sedayu Group, consisting of Sinar Mas, PT Indofood Sukses Makmur Tbk (INDF), PT Barito Pacific Tbk (BRPT), Pulau Intan, PT Adaro Energy Tbk (ADRO), Astra Group, Mulia Group, and … Continue Reading
Ormond Beach luxury home for sale at 489 Ocean Shore Blvd. lolita, 03/09/2025 This is a screenshot from a video of the luxury home at 489 Ocean Shore Blvd. in Ormond Beach that was listed for sale on March 2, 2024. This image shows the cantilevered bridge in the great room connecting the two sides of the second floor. The video was produced on behalf of listing agent Chadd Going of Premier Sotheby’s International Realty. Clayton Park/News-Journal This is a view from A1A looking east of the three-story beachfront luxury home at 489 Ocean Shore Blvd. in Ormond Beach that was put up for sale on March 2, 2024, with an asking price of $5 million. Built in 1994, the 6-bedroom, 9-bath home offers 7,483 square feet of living space including an infinity pool in back. It was once owned by a descendant of the bottling company that designed and patented the iconic Coca-Cola bottle in 1915. Premier Sotheby’s International Realty This is a view from the ocean of the three-story beachfront luxury home at 489 Ocean Shore Blvd. in Ormond Beach that was put up for sale on March 2, 2024, with an asking price of $5 million. Built in 1994, the 6-bedroom, 9-bath home offers 7,483 square feet of living space … Continue Reading
Paramount Land won three awards from PropertyGuru Indonesia lolita, 02/09/2025 Serang (ANTARA) – Paramount Land, a city-scale developer in Gading Serpong City and Paramount Petals, Tangerang Regency, won three awards at the 2023 PropertyGuru Indonesia Property Awards at The Ritz Carleton Pacific Place, Jakarta, Friday (15/9). A press release, Monday, stated that Paramount Land won three award categories, namely best commercial developer, best developer in the upper segment (high-end), and best developer in the middle segment (mid-end). The Indonesia Property Awards is the highest award in the real-estate industry which has been held annually by PropertyGuru since 2015. Also read: Paramount Petals presents houses ready for habitation with various advantages This year’s 9th PropertyGuru Indonesia Property Awards gives awards to the best developers, construction and designs in the country. Hari V Krishnan, CEO and Managing Director, PropertyGuru Group, in the statement, explained that the recipients of this award reflect how the real estate sector in Indonesia is able to meet the needs of society which continues to grow. Henry Napitupulu, Director of Planning & Design at Paramount Land, at the 2023 Indonesia PropertyGuru Indonesia Property Awards said that the company sees people’s demand for property (residential and commercial) increasing along with increasing mobility and changes in people’s lifestyles. “This gives … Continue Reading
Barbara Corcoran Says Housing Prices ‘Are Going To Go Through the Roof’ — But When? lolita, 01/09/2025 Kathy Hutchins / Shutterstock.com If you’ve been in the market to buy a home, you’re likely in a tough spot. While you may be tempted to wait for interest rates to drop, if you wait too long, you could be dealing with a surge in home prices. Check Out: Housing Market 2024: Avoid Buying a Home in These 25 Texas CitiesRead Next: 8 States To Move To If You Don’t Want To Pay Taxes on Social Security During a Fox Business interview, real estate entrepreneur and “Shark Tank” star Barbara Corcoran shared her prediction for when home prices will rise, how much she expects them to increase and more. Sponsored: Protect Your Wealth With A Gold IRA. Take advantage of the timeless appeal of gold in a Gold IRA recommended by Sean Hannity. Lower Interest Rates Will Mean Higher Home Prices We’re currently experiencing a “bottleneck” in the real estate market, Corcoran said, but this won’t last forever. “Sellers don’t want to move from their apartment or their home because they don’t want to take on higher interest rates,” she said, “and buyers are too afraid [to buy] because they are getting less house [for the price]. So you’ve … Continue Reading
The tax risks of renting out your home: Canadian real estate news for August 19 lolita, 31/08/2025 Open this photo in gallery: This week’s top real estate and housing news.Engel & Völkers Toronto Central Here are The Globe and Mail’s top housing and real estate stories this week, with the lowest mortgage rates available in Canada today, commentary from our mortgage expert and one home worth a look. Take The Globe’s business and investing news quiz Homeowners renting their properties can jeopardize thousands in tax benefits There are thousands of dollars available in tax benefits for Canadians buying their first property. But what you may not know is that you could lose them by renting to tenants, because many of them require that you use the property as your primary residence. Some of these benefits include exemptions for land transfer taxes and the First-Time Home Buyer’s Tax Credit, writes Salmaan Farooqui. Home-sharing platforms help students find seniors who have empty bedrooms Two companies, Sparrow Living and SpacesShared, want to tap an unused part of the housing market by matching renters with homeowners who have empty bedrooms. Both home-sharing platforms say they’ve been inundated by requests since they launched, reports Rachelle Younglai. Due to an aging population and limited downsizing options, more Canadians are living in homes … Continue Reading
Woman offers to rent out half of her bed for 658 USD in Toronto | WorldNews lolita, 30/08/2025 A woman’s offer to rent out half of her bed amid soaring house rents in Toronto has surprised social media users. Toronto-based realtor Anya Ettinger highlighted a post that was shared on Facebook Marketplace, where a person had offered to rent out half a bed for 900 Canadian dollars (658.10 US dollars) a month. A woman’s offer to rent out half of her bed amid soaring house rents in Toronto has surprised social media users (Pixabay – representational image) ”Looking for an easy-going woman to share the master bedroom and the one Queen-sized bed. I have previously shared the bedroom which only has one queen size with a roommate I found on Facebook, and it worked out perfectly well,” the post, which has now been deleted, read. Anya shared the post on Instagram. Shocked, she emarked, “Just when you thought the Toronto market couldn’t get any worse, it did. This is so unhinged. Renting out a space in your bed for 900 [Canadian] dollars a month? No wonder so many people hate it here.” ‘But not many people have a choice’ Speaking with CTV News Toronto, Anya said, “I think it shows really how sad it is here. I mean … Continue Reading
Realtors agree to make commission changes lolita, 29/08/2025 The National Assn. of Realtors on Friday said it will make changes to its commission rules to settle national allegations the requirements stifled competition, a move that may reduce costs for at least some consumers. The settlement, which still must receive court approval, could mark a major change in the housing market. Today, sellers typically pay a 5% to 6% commission when they sell their homes, with half of that going to the listing agent’s brokerage and half to the buyer agent’s brokerage, and critics of that model say the settlement could upend that practice. “This settlement over time will benefit home sellers and buyers greatly, eventually lowering agent commissions by tens of billions of dollars a year and helping align agent compensation and services rendered,” Stephen Brobeck, a senior fellow with the Consumer Federation of America, said in a statement. Under an existing Realtor rule, listing agents must make an offer of compensation to the buyer’s broker in orders to list homes on NAR-affiliated multiple listing services, or the MLS. Although NAR says this offer can be zero dollars, the requirement to post an offer — known in the industry as “cooperative compensation” — has reduced competition and kept … Continue Reading
Real estate agent who sets house on fire has prior relationship with owner lolita, 28/08/2025 A real estate agent who accidentally burned down a multimillion-dollar home to the ground in one of Sydney, Australia’s most prestigious suburbs had previously been in a relationship with the owner, court documents have revealed. Sydney realtor Julie Bundock was preparing for an open house of a four-bed home on the northern beaches when she noticed the current renters of the house had left some bedding on the deck to dry. According to documents tendered to the New South Wales, Australia Supreme Court as part of a civil lawsuit brought by the owner and four tenants against her employer, Ms. Bundock removed the sheets and threw them in a downstairs room onto a shelf below a light, which she then switched on. About 20 minutes later a major fire broke out in the four-bedroom house on Riverview Road in Avalon Beach, believed to be caused by the shelf and bedding heating up and catching fire due to the wall-mounted light. Sydney realtor Julie Bundock accidentally sets a house on fire. Supplied This week, Ms Bundock’s employer, Domain Residential Northern Beaches, was ordered to pay property owner Peter Alan Bush $486,712.89 USD in damages. Mr Bush was planning to sell the … Continue Reading