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Cool Weather Fails To Dampen Market Activity

Mon October 20, 2014
Houses selling before the marketing campaign begins, rental demand increasing during the typically quieter winter months and a growing number of people relocating to the area are all definitive signs of strength for the local property market, says Chris Koch of Laing+Simmons Port Macquarie.

According to Mr Koch, property market activity in the Port Macquarie region has bucked the mid-year...

Steady Rates What the Market Needs

Tue September 02, 2014
September 2, 2014: A continuation of the stable low interest rate environment is just what the housing market needs, said Laing+Simmons General Manager Leanne Pilkington.

The 5% house price surge in Sydney in the three months to the end of August, as recorded by RP Data, shows that confidence in the housing market is strong.

“The low interest rate environment is one of the key...

Laing+Simmons Granville officially the local leader

Wed August 27, 2014
August 27, 2014: There’s certainly no shortage of real estate agencies in Parramatta and surrounding suburbs, a fact which makes Laing+Simmons Granville’s win for most Outstanding Real Estate Agency of the Year at the Parramatta Local Business Awards 2014 even more significant.

Laing+Simmons Granville took out the real estate industry’s biggest going at last week’s...

One Saturday, two sales, six million dollars

Fri August 22, 2014
August 21, 2014: The sale of a Coogee duplex at auction and a Darlinghurst unit after a solitary inspection for a combined total a whisker under $6 million made for a successful Saturday for Laing+Simmons Randwick.

Alex Udler, principal of Laing+Simmons Randwick and exclusive agent for both deals, said not even the threat of torrential rain could dampen buyers’ spirits for the...

12 months of low rates support price growth

Thu August 07, 2014
August 5, 2014: The decision by the Reserve Bank to again leave the official cash rate on hold makes it 12 months of low and steady interest rates. This stability is one of the factors that have fuelled price increases this year, said Laing+Simmons General Manager Leanne Pilkington.

“In a residential market of extremely limited supply, the low interest rate environment has been one...

The evolution of real estate franchising

Wed July 09, 2014
July 9, 2014: Building on the importance of brand and image, a new and expanded emphasis on service and support has been the catalyst for evolution in real estate franchising, said Laing+Simmons General Manager Leanne Pilkington, and when done right franchisees feed off the energy created.

“Franchising, not just in real estate, has changed, and franchisors must re-invent themselves...

Rates steady amid calls for calm

Tue June 03, 2014
June 3, 2014: The Reserve Bank today continued to hold fire over interest rates, showing a calm head amid alarmist claims from some housing industry commentators, according to Laing+Simmons General Manager Leanne Pilkington.

“Over the past few days we have been confronted by news stories arguing the property boom is over, that confidence is plummeting and other overly dramatic claims...

Creativity required to support first home buyers

Fri May 09, 2014
May 8, 2014: With continuing focus on the difficulties first home buyers are experiencing securing a property, especially in Sydney, Laing+Simmons General Manager Leanne Pilkington said it’s time for Governments to consider new, creative and even controversial ways to support this sector of the market.

Otherwise, Ms Pilkington said, we risk an entire generation missing out on a place...

Rates reinforce favourable fundamentals

Thu March 06, 2014
The Reserve Bank took the course most expected today to leave the official cash rate unchanged, supporting solid activity in the residential property market in the year to date and reinforcing confidence in the short term future, said Laing+Simmons General Manager Leanne Pilkington.

“We believe there is a case for the Reserve Bank to consider cutting interest rates in the short term...

Steady rates support confidence

Wed February 05, 2014
The Reserve Bank’s decision to leave interest rates on hold should reinforce the optimistic view of agents around the state provided the banks maintain the same approach, said Laing+SimmonsGeneral Manager Leanne Pilkington.

“This decision means there is no immediate pressure for banks to revise their lending terms, so buyers can proceed with some certainty,” Ms Pilkington...
Laing+Simmons Beyond the Expected
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