Archive for October, 2013

Our Backyard

‘Lorne – Market Roundup’ This weekend will see the largest ever offering when 1,500 properties are scheduled to go under the hammer through the weekend. This number surpasses the current record Saturday offering approximately 1,350 properties in 2008. R.P. Data property specialist Robert Larocca has forecasted that Melbourne would see a new peak in house prices if September’s 2.6 per cent increase in house values were repeated this month. Real … Continue Reading »

Our Backyard

General Market Roundup

GLOBAL FINANCIAL CRISIS AVERTED (for now). The American debt ceiling will not be breached, the US Government will re-open and global financial apocalypse has been averted – for now. While it is still unconfirmed, widespread reporting suggests that the Republicans in the House of Representatives will vote on a Senate Bill to raise the US Government’s debt ceiling and budget until early next year. Bad markets in turmoil … Continue Reading »