http://www.markforytarz.com Off the plan sales specialist, director and real estate agent, Mark Forytarz, discusses his views on the real estate market. Thu, 17 Dec 2009 10:09:03 +0000 http://backend.userland.com/rss092 en If you are thinking about venturing into the sector of real estate in Australia, Mark Forytarz is the perfect guide. He is well versed in the domain of real estate and knows in and out about the real estate. He does not follow any typical algorithm to deal with the ... http://www.markforytarz.com/2009/12/venture-into-the-real-estate-sector-with-mark-forytarz/ Investment in the real estate sector is alluring yet difficult. To find a suitable property, one needs to have expertise and domain knowledge. Mark Forytarz has emerged as a leader in the Australian real estate. He is well–aware of all the aspects of real estate market and share his knowledge ... http://www.markforytarz.com/2009/10/investment-in-australian-real-estate-sector-has-been-simpler-with-mark-forytarz/ With affordability at its lowest level on record, first-home buyers have to think outside the square. The home-ownership dream rarely used to feature a sibling in your bathtub and a parent on your certificate of title. But these days, first-home buyers are prepared to be flexible. Housing affordability fell to record lows ... http://www.markforytarz.com/2009/06/when-families-buy-together/ INVESTORS own around two million homes in Australia, and every year thousands claim deductions they are not entitled to and fall foul of the Australian Taxation Office. The result can be a kindly warning or a significant fine and large interest bill. The tax office says it is investors' responsibility to ... http://www.markforytarz.com/2009/06/tax-hurdles-trip-property-investors/ CASHED-UP Melburnians keen to snatch beachfront holiday homes for a song from struggling vendors may be in for a big disappointment. Plunging average prices for regional seaside homes don't tell the full story. Valuer-General Victoria sales figures released this month by Land Victoria show median house prices rose in a third ... http://www.markforytarz.com/2009/05/beach-bargains-are-just-a-fairy-story/ What happens if rates go up? In today's low-interest-rate environment one of the common questions property investors ask is, "What happens if I buy now and interest rates skyrocket, like back in the 1980’s?" An understandable concern and today's historically low interest rates can't be sustained forever because at some ... http://www.markforytarz.com/2009/05/high-interest-rates-benefit-investors/ Of the 452 properties up for auction, 83 per cent sold and 77 properties were passed in! But the number of properties for auction was 126 fewer than at the same time last year!   Real Estate Institute of Victoria CEO Enzo Raimondo attributed the high clearance rate to the extension ... http://www.markforytarz.com/2009/05/melbourne-auction-market-clearance-rate-peaks/ Home buyers are flocking back to variable rate mortgages which now account for 91% of the residential lending market, their highest proportion in four months.   Mortgage broker Mortgage Choice reported in April, basic variable mortgages accounted for 48.15 per cent of all home loans approved - up nearly one per cent ... http://www.markforytarz.com/2009/05/variable-home-loans-at-record-levels/ Melbourne's outer suburb vacancy rates have improved from 0.7 per cent to 1.8 per cent in the past six months, according to the Real Estate Institute of Victoria's April vacancy rates. The vacancy rate across Melbourne is reasonably steady having been between one and 1.4 per cent for 12 months.  However ... http://www.markforytarz.com/2009/05/first-homebuyers-improve-rental-vacancy-rates/ The value of commercial building permits in Victoria increased in the March quarter, despite a fall in the state's building industry overall. Building Commissioner Tony Arnel says that when compared to the same period in 2008, the value of building permits in the state has decreased by 11 per cent to ... http://www.markforytarz.com/2009/05/commercial-building-holds-up/