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2013: THE YEAR AHEAD

Mon December 17, 2012
December 17, 2012:While some industry commentators have claimed the December rate cut is a signal that a housing market recovery is on the cards in 2013, the prevailing economic situation in Australia and the rest of the world is more likely to see the status quo maintained, according to Laing+Simmons General Manager Leanne Pilkington.

That’s not to say it’s all doom and...

INTEREST RATE COMMENT FROM LEANNE PILKINGTON

Tue December 04, 2012
December 4, 2012: While mortgage holders may get a final reprieve for the year with today’s official interest rate cut, the Reserve Bank no longer has the relevance or power to stimulate housing market activity as the banks are either not passing on the cuts, or passing on only a fraction thereof, said Laing+Simmons General Manager Leanne Pilkington.

“The net result is that...

INTEREST RATE COMMENT FROM LEANNE PILKINGTON

Tue October 02, 2012
October 2, 2012:  The Reserve Bank’s decision to cut the official cash rate by a further 25 basis points is welcome news, but the housing market remains in need of a more coordinated approach to reach a full recovery, said Laing+Simmons General Manager Leanne Pilkington.

As ever, the willingness of the banks to take a fair and reasonable course of action and pass the...

STEADY RATES A SOUND PLATFORM FOR SPRING

Tue September 04, 2012
September 4, 2012:As the housing market emerges from the traditionally quieter winter period and with dwelling prices generally flat at present, the RBA’s decision to leave interest rates unchanged  has been roundly recognised as the right move, said Laing+Simmons General Manager Leanne Pilkington.

Despite figures from Deloitte this week perhaps surprisingly showing better...

ENCOURAGING SIGNS FOR PRESTIGE PROPERTY

Mon August 27, 2012
August 24, 2012:Laing+Simmons Double Bay achieved a 100% clearance rate earlier this week, with sales for its auction evening totalling approximately $20 million, in a positive sign that the prestige residential market is stabilising after a period of relative uncertainty.

Laing+Simmons Principal D’Leanne Lewis emphasised that the market continued to face challenges, however...

SPRING TO START WITH STEADY RATE SCENARIO

Tue August 07, 2012
August 7, 2012:The Reserve Bank’s decision to leave interest rates unchanged will provide a sound platform for the start of the housing market’s spring selling season, with the potential bonus of further rate cuts to come, said Laing+Simmons General Manager Leanne Pilkington.

“While certain constraints continue to impact the market, such as tight lending conditions...

GOVERNMENT URGED TO TACKLE CHALLENGES HEAD ON

Wed August 01, 2012
July 31, 2012:Despite the proposed changes to planning in New South Wales identifying housing supply and affordability as a key priority, Laing+Simmons General Manager has called for a genuine commitment to reform from Government to show it is serious about addressing the issue in this state.

A more appropriate approach to stamp duty, providing support to developers and empowering the...

RARE BEACHSIDE OPPORTUNITY ON OFFER IN COOGEE

Wed July 25, 2012
As the hype surrounding The Block finally starts to subside, wannabe ‘blockheads’ looking for their own renovation canvas have the opportunity to snap up a unique offering in Coogee.

The forthcoming auction of 22 Arcadia Street in Coogee is destined to appeal to a broad range of buyers, including renovators, owner-occupiers and investors, when it is offered under the hammer...

LOCAL LAING+SIMMONS AGENT IN NATION’S TOP 100

Wed June 20, 2012
June 20, 2012:One of the most experienced agents in the Pennant Hills area has been named one of the best in the country. Laing+Simmons Pennant Hills Principal Chris Khoudair has been named in the Top 100 Agents list by Real Estate Business and attributes his success to building – and maintaining – a good reputation.

Mr Khoudair said the value of a good reputation and strong...

NW RAIL LINK PUTS HIGH DENSITY ON THE AGENDA

Tue June 05, 2012
5 June 2012: With drilling for the North West Rail Link now underway, Quakers Hills and surrounding suburbs are preparing for the influx of medium and high density housing projects for the first time ever. According to Laing+Simmons Quakers Hill Principal Lyndell Pilkington, this could encourage developers and investors back to the market.

“Despite the disappointment surrounding...
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