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  • Brisbane is hammering home sales

    first_img FOLLOW SOPHIE FOSTER ON TWITTER MORE: Patience pays off for buyer Ten month reno turns cottage into masterpiece Sydney 80.3% (last year 54.6%)Melbourne 79.2% (last year 52.5%)Brisbane 61.5% (last year 28.9%)Adelaide 75% (last year 59.7%) More from newsParks and wildlife the new lust-haves post coronavirus10 hours agoNoosa’s best beachfront penthouse is about to hit the market10 hours agoPerth 80.0% (last year 24.3%)Tasmania n.a.Canberra 90.3% (last year 45.5%)Weighted Average 78.6% (last year 51.2%) (Source: CoreLogic) Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:58Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:58 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD432p432p216p216p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenHow much do I need to retire?00:58 The two larger markets, Sydney (80.3 per cent) and Melbourne (79.2 per cent), were also way over levels they hit the same time last year (54.6 per cent and 52.5 per cent respectively). Sales agent Peter Laoudikos of McGrath Bulimba said the rise in buyers was also driving up offers made before auction.“We had five auctions that were set for the next two weeks and three have already sold with multiple offers,” he said. CoreLogic market analyst Kevin Brogan said the result came off a reasonable base of 104 auction listings which was about two-thirds of the peak season average (145). “The reason this is significant is because we’ve had, for Brisbane, a moderately busy weekend and we’ve still got quite a high preliminary clearance rate,” he said. “In 2019 during the first half of the year the clearance rate barely went over 40 per cent. Among homes sold prior to auction was 21 Halstead Street, Coorparoo, which was previously set to go to auction at 10am on Saturday Feb 15.BRISBANE’S auction market has had its best start in years, with the number of homes selling under the hammer hitting five-year highs at the weekend. Preliminary results showed 61.5 per cent of homes that went under the hammer this past week sold, almost double that of a year ago (28.9 per cent), according to CoreLogic. “Only two other occasions in the past five years has Brisbane seen a higher clearance rate during the January 1 to the present period – but both times were off substantially smaller bases, Mr Brogan said. The week that ended January 29, 2017 saw 63 per cent of the 30 homes listed for auction sell under the hammer, while the same week in 2018 saw 92.9 per cent of the 17 properties being auctioned sell off. Realestate.com.au chief economist Nerida Conisbee said “buyers have been buoyed by low interest rates, easing of finance and the start of rising prices in the Brisbane market”. “Brisbane isn’t traditionally an auction market, but if you are looking to sell in these conditions, it might be worthwhile taking your property under the hammer.” Preliminary auction clearance rates:last_img read more

  • Lakers GM Mitch Kupchak said Kobe Bryant has no plans to play beyond current contract

    first_imgLakers general manager Mitch Kupchak offered a dour warning to Lakers fans wondering when they should plan to watch Kobe Bryant play in person.“If you’re looking to buy tickets three years from now, I would buy tickets now,” Kupchak told the L.A. News Group on Tuesday. Bryant’s $48.5 million contract will end after the 2015-16 season, and Kupchak believes that will mark the end of Bryant’s storied 20-year NBA career. His vast resume currently entails five NBA championships and a fourth-place standing on the league’s all-time scoring list. “Other than what he’s indicated to me and everybody else,” Kupchak said, “he’s not looking beyond this year or next year.” Last week, Lakers coach Byron Scott expressed optimism Bryant would play beyond his current contract for two reasons. Bryant entered the Lakers’ game on Tuesday against the Sacramento Kings at Staples Center averaging a league-leading 25.2 points per game. Scott also believed the Lakers’ front office would assemble their roster well enough in the next two offseasons to entice Bryant to stay. Bryant remained noncommittal last week. But he’s remained adamant as of this past summer that he would not play beyond his current contract, according to a source familiar with Bryant’s thinking. Still, Kupchak has enjoyed watching Bryant play, a lone bright spot in an otherwise sour season that entailed the Lakers beginning the 2014-15 season with their worst record in franchise history. Bryant also entered Tuesday’s game against the Sacramento Kings at Staples Center with 32,292 points, 66 points shy of surpassing Michael Jordan for third place on the NBA’s all-time scoring list. Newsroom GuidelinesNews TipsContact UsReport an Errorcenter_img “It’s terrific. Obviously our record takes away a lot of what he’s done,” Kupchak said of Bryant. “But we’re hopeful we can improve. But he’s proven that he can still play at a very high level, not only coming back from two severe injuries, but that he’s 36 years old.”Bryant played in only six games last season because of injuries to his left Achilles tendon and left knee. But Kupchak still maintained Bryant would return to top form, the first sign entailing Bryant having surgery the following day after shredding his left Achilles on April 12, 2013. Still, Bryant has shot a career-low 38.9 percent from the field. He has also has taken 465 of the Lakers’ 1,816 field-goal attempts.“I’m not worried about that,” Kupchak said. “As our team will improve, everybody’s percentages will improve. Right now as a team, I’m not sure we’re coming close to leading the league in any department.” AlsoThe NBA granted the Lakers a hardship exception to field a 16-player roster, but the Lakers failed to add a player within the league’s two-day deadline. The Lakers currently do not plan to re-apply for the exception.last_img read more

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