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3 days ago | 
eliteagent.com | Catherine Nikas-Boulos
New analysis from financial comparison site Money.com.au, based on Australian Bureau of Statistics (ABS) data, reveals that internal refinancing reached its highest level on record in the year to March 2025. During that 12-month period, 35 per cent of all refinanced home loans were internal refinances — the highest share since the ABS began tracking this data in September 2020 and well above the four-year average of 30 per cent.
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3 days ago | 
eliteagent.com | Catherine Nikas-Boulos
According to data from CBRE, nearly 5,800 apartment units were delivered through office-to-residential conversions in 2023 across the top 20 U.S. markets. This figure is expected to more than double to over 13,400 units in 2024. Driving the trend is a significant decline in office occupancy and demand, particularly in central business districts, where hybrid and remote work models have left many buildings with high vacancy rates.
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3 days ago | 
eliteagent.com | Catherine Nikas-Boulos
The Piano Man first bought the property in 2002 for USD $22.5 million and has listed it multiple times over the past 15 years, with earlier price tags reaching as high as USD $37.5 million. NY Post reported the 14-acre waterfront compound sits in the exclusive Centre Island enclave of New York’s Nassau County, offering sweeping views of Oyster Bay Harbour. At its heart is a 20,000-square-foot main residence that includes five bedrooms, six bathrooms, and a ballroom-sized living area.
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1 week ago | 
eliteagent.com | Catherine Nikas-Boulos
The online survey, conducted in April among 2,203 US adults aged 18 and older, found that Millennials are the only generation to report a growing intent to buy a home within the next six months. The proportion of Millennials planning to purchase rose to 23%, up from 15% in September 2024. In contrast, 69% of all respondents indicated they have no plans to engage in a real estate transaction in the next six months.
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1 week ago | 
eliteagent.com | Catherine Nikas-Boulos
As the luxury property market shifts from asset accumulation to experience-led living, home-swapping platform ThirdHome is rapidly gaining traction in Australia, and officially launching in New Zealand this month. The company, which connects second-home owners through an exclusive global exchange network, has positioned itself as the go-to alternative for high-net-worth individuals who value lifestyle access over rental returns.
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1 week ago | 
eliteagent.com | Catherine Nikas-Boulos
A platform aimed at unlocking under-utilised community spaces, Vennu, has won the top prize at the 2025 Top of the Props pitch battle, hosted by REACH Australia and New Zealand. The live pitch event brought together seven PropTech finalists from Australia and New Zealand. Each delivered a four-minute pitch followed by a three-minute Q&A with a panel of expert judges. The winning business received $10,000 in prize money from REACH and a $5,000 partnership package from event sponsor MRI Software.
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1 week ago | 
eliteagent.com | Catherine Nikas-Boulos
The widely anticipated move is being welcomed by mortgage holders, prospective buyers, and industry leaders alike, as it reinforces stability across the real estate market. Kelvin Davidson, Chief Property Economist for Cotality NZ, said that while the decision itself was expected, the real interest lay in the RBNZ’s forward guidance and forecasts. “The overall conclusion from this has to be that further falls in the OCR lie ahead,” Mr Davidson said.
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1 week ago | 
eliteagent.com | Catherine Nikas-Boulos
But new research from Jordan Tormey, Strategy Analyst at the Ray White Group, paints a more grounded and arguably more sustainable picture of what long-term success in real estate actually looks like. Drawing on over a decade of agent activity data from Australia’s major property portals, Jordan analysed more than 35,000 actively listing agents to understand who is succeeding—and how long it takes them to get there.
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1 week ago | 
eliteagent.com | Catherine Nikas-Boulos
Units weren’t far behind, attracting a 12% premium, or roughly $75,000 more than their non-EE counterparts. Buyers are putting a tangible value on practical features that reduce running costs and boost comfort. Properties with north-facing orientation commanded the highest median price uplift nationally – $375,500 – while double-glazed homes added $145,000 and solar-equipped homes $140,000 on average. In Sydney, the premium for north-facing homes topped $615,000.
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1 week ago | 
eliteagent.com | Catherine Nikas-Boulos
The decision comes in the wake of the Los Angeles wildfires earlier this year, which displaced a member of Ricci’s family according to People. She is now seeking a larger home to accommodate them long-term, listing agent, Lorraine Getz from Compass confirmed. The three-bedroom, four-bathroom residence spans 3,396 square feet and boasts panoramic views of Downtown LA and the San Gabriel Mountains.
