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Shadow Federal Treasurer Malcolm Turnbull demonstrates clear confidence in real estate market

With the news that Shadow Treasurer, Malcolm Turnbull, the Member for Wentworth, has purchased three investment properties on his door step, could there be much better confirmation that now is a good time to be investing in real estate? A clear sign of Mr Turnbull and his wife, former Mayor of Sydney Lucy Turnbull, have […]

Breaking up is hard (and expensive to do): Divorce is a key driver of the real estate market

Break-ups among married and de facto couples account for up to 15 per cent of all residential sales, with one Sydney agent recently claiming that the figure was closer to 40 per cent, with every second client selling because of divorce. Many agency’s are now having many requests for initial consultation and negotiation valuations between […]

Investing in luxury real estate in a market downturn

People love to live beyond their means – hands up if you fit into this category. In the last few years mortgages and lines of credit were given out as if the money was just going to fall out of a tree to pay for it. Now that the rug is being pulled out from […]

The Manchurian Candidate: Chinese Property Market Stimulated

China has unveiled a stimulus package intended to boost its slumping real estate market. It has slashed taxes for second-hand apartment sales to help owners selling their homes. This means that anyone who has owned a home for at least two years can now sell it without having to pay a tax on the total […]

WISE GUY: Auction Clearance Rates – What They Really Show

Weekly auction clearance rates do not paint a particularly clear picture. They have quite a small sample size and show a lot of week-to-week volatility. If clearance rates are on the way up, does this signal an improving property market? Well maybe, but before we pass judgement on the state of the market, we really […]

Luxury Real Estate Board of Regents Continues Its Expansion in Australia

SEATTLE – Luxury Real Estate’s Board of Regents announced today its continued expansion in Australia with Marquette Turner Luxury Homes, which will be the exclusive representative of the New South Wales, Australia territory. LuxuryRealEstate.com is the most-viewed luxury real estate Web site in the world, featuring more than 66,000 high-end properties in 106 countries. Marquette […]

What Russian Real Estate Buyers Are Looking For

Russians are investing heavily in overseas property, and even though the Russian stock market continues to suffer (and there will approximately 50% less billionaires in Russia this time next year), there are ongoing reasons for wealthy Russians to search for prestigious properties to buy as a long-term investment. The experience of Marquette Turner Luxury Homes […]

Simon Turner’s “The Real State”: Aiding The Bubble Will Just Aid The Burst

Keeping up with the ever-changing commentary and realities of the Australian and worldwide economy (which don’t necessarily work in-congruence) can be pretty daunting. Whilst no economist myself, I nonetheless happily offer my opinion on “the real state” of play as I see them. There have been a number of moves taken by Kevin Rudd of […]

The Who’s Who in Luxury Real Estate Global Award Winners

Last week nearly 200 luxury property experts met in Philadelphia for the 13th Annual Luxury Real Estate Fall Conference at the Ritz-Carlton Philadelphia. Whilst we have reported Marquette Turner’s award, we are pleased to be able to bring to you the other LuxuryRealEstate.com members who were honored with awards during the banquet on the final […]

The latest “real estate radar” e-magazine

It has certainly been a huge past week with the turbulence of the world’s stock markets still being digested by many.  When George W Bush spoke of “shock and awe” in relation to the Iraq war, who’d have thought his words would so aptly apply to his handling of the American economy. Regardless of whom […]

Australian Real Estate Agent in Final Four for International Real Estate Award

SYDNEY, Australia, Sep 18. Australian Michael Marquette, founder of Marquette Turner Luxury Homes, is one of only two non-American Award Nominees for the 13th Annual Luxury Real Estate Conference to be held in Philadelphia, Pennsylvania, USA held Saturday, October 11th through Tuesday, October 14th, 2008! One of only four international real estate agents nominated in […]

The world’s most prestigious real estate site

LuxuryRealEstate.com, the luxury real estate website of the prestigious “Who’s Who in Luxury Real Estate” has been named as the world’s most prestigious real estate website by high-net-worth consumers in the 2008 Luxury Brand Status Index survey. The survey was conducted by the Luxury Institute, an independent research company in New York City. John Brian […]

Marquette Turner’s “Real Estate Radar”

Marquette Turner’s real estate radar® hones-in on property news to keep your finger on the pulse, and with interest rate cuts on the cards, our news couldn’t be more timely! A report conducted by the Real Estate Institute of Australia in June 2008 has showed that housing affordability has fallen across every Australian State and […]

Walk the walk: making real estate agents accountable to you

In tough times choosing an agent to sell your property is more important than ever. Asking agents to show evidence that what they are claiming actually works is a great idea. I strongly believe that agents who insist on vendor paid marketing should be capable of proving that your money is going to be spent […]

View from the bridge: Michael Marquette’s take on the current market

The media is continuing to report further economic doom and gloom with Australian Property Monitors telling home owners to brace for a 10% reduction in property values over the next 12 months. With inflation at 5.9% and Australian banks writing off hundreds of millions of dollars the prospect of a reduction in interest rates anytime […]

Marquette Turner now a member of the Who’s Who in Luxury Real Estate

Marquette Turner Luxury Homes is very proud to announce that we have been recognised by the most prestigious international body in real estate. We have been named as Members of the Who’s Who in Luxury Real Estate, recognising our outstanding commitment to service and innovation and our consistent record results. There are only a handful […]

Donald Trump sells Palm Beach estate for $US100 million

Donald Trump has sold the Palm Beach estate he bought for $US41.35 million in 2004 for $US100 million. The lowdown of what the buyer is getting for their money: 6 acres 475 feet of oceanfront 62,000-square-foot home with nine bedrooms Ballroom Media room Wine room Art gallery 4,100-square-foot conservatory Two guest houses 48-car garage The […]

Tips for buying and selling in a turbulent market

In today’s turbulent real estate market, many buyers and sellers seem to have become confused about negotiating tactics. Many buyers assume that every property is overpriced and that low-ball bids are de rigueur. Sellers often recoil at these “insulting” offers, which typically leave no room for negotiation. The result: a potential deal collapses and both […]

Exposed: if it sounds too good to be true…real estate sharks

Home owners experiencing mortgage stress should be wary of a new breed of online entrepreneurs who are offering quick money for homes. For instance, Express Homebuyers, advertises on its website for houses where owners are behind in repayments, facing repossession, or need debt relief. It offers online quotes and promises owners the sales take “days, […]

A huge gap in the market: Australia’s looming crisis

Michael Marquette of Marquette Turner writes in his Special Report: The biggest post – war crisis that Australia has faced is almost upon us. We have all heard about the aging population and the need for Superannuation to lessen the burden on taxpayers for pensions and other welfare payments. The terrifying statistic that very few […]