The city of Perth has seen a recent increase in the value of real estate, a trend analysts expect to continue in the city’s suburbs in 2012. For some real estate firms, this is a golden opportunity, and Perth’s resources boom is a field of ripe opportunities. Perth is the largest city in the state
More Australian Home Owners May Be “Under Water” in 2012
Real Estate experts expect Australia’s home prices to continue to fall in 2012, and that means more homeowners may find themselves “under water”. Those homeowners who have negative equity, owing more than the original cost of their homes, is still a small percentage, but it is expected to grow as home prices drop. Australia’s real