Real Estate Business: Are we in a Property Bubble?

real estate signIs Australia in the midst of a property bubble? According to the banking industry, record low interest rates in Australia haven’t led to a property bubble. The Australian Bankers’ Association recently released a report, Key truths on housing in Australia, which looks at the changes in house prices over the past quarter of a century.

“Our analysis shows that the recent rise of house prices in Australia is not unusual when compared with historical trends, and the current house price growth has not exceeded the peak rates we saw before the global financial crisis,” says association CEO Steven Münchenberg.

The association says Australia has recorded solid increases in both nominal and real house prices since the GFC but has not been the strongest market in global terms. In fact, Australian property prices rank well down on a global scale, according to the report. After adjustment for inflation, rises in Australia have ranked behind Hong Kong, Switzerland, Austria, Germany and Canada.

“Since the GFC, volatility in prices has increased, with two periods of quite marked national declines in prices followed by strong rebounds,” says Münchenberg. “Much of the recent focus has been on strong house price growth in Sydney, but over the past ten years the price increase in Sydney is unremarkable when compared to other capital cities.”

Meanwhile, the Reserve Bank is struggling to manage the two-speed economy while the government fails to lift productivity and cut unemployment. With Australia facing the highest unemployment rate in 12½ years, slumping business spending and deflation spreading around the globe, more RBA stimulus would seem in order. However, with many Australian housing markets reaching unaffordable levels, reducing rates will only exacerbate this further.

Do you think we are in the midst of a property bubble? Why not join in the conversation with us and let us know your thoughts by posting a response in the comments below.

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Paul Davies Publishes Weekly Articles through Revolutionary Real Estate Blog

Paul DaviesPaul Davies, a consummate real estate professional, has made a name for himself by churning out an excess of 1,000 property sales and conducting more than 300 auctions over the course of an illustrious career. As the Founder and CEO of the One Agency Real Estate Group, Mr. Davies keeps people abreast of trends and developments in real estate by publishing weekly articles on the company’s blog. He has earned the respect and admiration of his professional peers and those with whom he has worked and collaborated throughout the years by helping real estate agents to set up their own real estate businesses under the One Agency brand, and building profitable, sustainable businesses.

Mr. Davies has written about a number of captivating issues on One Agency’s contemporary blog series. His noteworthy news articles include “Growth in Real Estate Varied Significantly Across Australia 2014,” a depiction of the differences in final quarter growth and year-on-year growth for 2014 throughout the cities in Australia. Another is entitled: “Real Estate Market – How It Fared in 2014;” this article is a revealing overview for both buyers and sellers of what was to be seen in the real estate market as 2014 was capped off, as it pertains to properties for sale, opportunities for buyers to negotiate, and when it was the best time for purchasers to buy.

Mr. Davies pinpoints the single-most important thing that he has learned over the years as the fact that “it’s not how much money you make that counts, it’s how much you get to keep after all the expenses are paid.” That premise, along with his wife Annie’s encouragement, was the motivator behind One Agency. He took his experience and launched a revolutionary and unique business model. Real estate agents and business owners now have the freedom to set up a business under their own brand, join a respected Australia-wide network, and retain as much of their hard earned fees as possible. One Agency is rapidly expanding, has a presence in all States and Territories of Australia, and is also planning expansion internationally. Mr. Davies continues to stand at the helm of the business, bringing his personal guidance and wealth of experience to all members. He lives in Sydney with his wife and son.

One Agency Real Estate GroupLearn more about Paul Davies by visiting and, and by checking out his LinkedIn page.

Author Renee Marie Smith Provides New Understanding for Real Estate Professionals to Achieve Harmonious and Balanced Work Lives with Book Series

"My Short Sale Guru's Guide to Healing and Financial Recovery for Discouraged Homeowners" by Renee Marie Smith, Esq.Attorney Renee Smith has spent nearly two decades demonstrating her sophisticated skill set and talents within the real estate industry. She recently exhibited her particular savoir faire in real estate as the author of the “My Short Sale Guru’s Guide” book series, which is listed on, as host of Fox29 TV’s 2012 Short Sale Guru Show, and by instructing others at a host of continuing education courses which have been approved in Florida and Nevada since March of 2013, to train short sale agents.

In 2007, Ms. Smith opened her own real estate firm, and in 2009, she founded the statewide title company, Smith & Associates, to be an advocate for dislocated homeowners. She has counseled thousands of short sale participants. She has been a guest speaker at conventions around the country, as well as radio including KLAV 1230am radio’s four-part short sale seminar in Las Vegas. She is nationally published by numerous magazines and blogs including NAWRB’s “N”, Palm Beach Woman, and Women’s Council of Realtors PB quarterly. Ms. Smith was awarded the 2012 NAWRB Business Development Award and was invited to be on NAWRB’s Board of Directors for 2013.

"My Short Sale Guru's Guide for Real Estate Professionals To Empower and Invigorate Sales" by Renee Marie Smith, Esq.As president of the company, Ms. Smith works collaboratively with title companies, banks, and law firms to negotiate deeds and contracts for clients. With a breadth of knowledge and personal experience in short sales, she also authored two books through Guru Publishing Incorporated. Her books are entitled “My Short Sale Guru Guide to Healing and Financial Recovery for Discouraged Homeowners” and “Short Sale Guru Guide for Real Estate Professionals.” Drawing on her own mistakes and personal mishaps with real estate purchases, Ms. Smith also serves as a motivational speaker for prospective home owners and real estate agents. She aims to enable them to become comfortable in their decisions and, to gain insight as to which questions to ask. An expert in real estate law, she also assists clients in making good financial choices during the home buying process. In the coming years, Ms. Smith plans to expand her title business, release a new book, develop her public speaking format, and gain new business opportunities and relationships.

Ms. Smith is a member of Women’s Council of Realtors for Palm Beach County, a member of the Florida Bar Association, and a board chair for the National Association of Women Real Estate Brokers (NAWRB). In her free time, she enjoys writing and traveling.

Ms. Smith is shaping the short sale landscape and we expect to see her influence on the national estate industry to continue to increase.

For more information about Smith & Associates, Incorporated, visit Ms. Smith can also be reached via Twitter @mygurupublishes or @smithtitle.

Please click here if you are interested in learning more about Renee Marie Smith, Esq.