A waterfront mansion was the home most potential buyers wanted to look through this week

first_img34 Barracuda Court, Palm Beach.There are five bedrooms. An office area has timber floors and there is a media lounge room and a family room which has a gas fireplace.The main bedroom on the ground floor has a walk in wardrobe, spa ensuite, deck access and water views. 91 Elliott St, Hawthorne. SuppliedThere is a fireplace and opening glass sliders lead to an outdoor entertainment area, where there is a 15m lap pool with a marble water feature and spa, a fire pit, and a separate custom-built pavilion. Rounding out the top five most viewed homes this week is a palatial home at 20 Priestley Rd, Bridgeman Downs. The four-bedroom home, which is listed through Sarah Hackett of Place Bulimba is on 10,000sq m of land. 34 Barracuda Court, Palm Beach.It is listed through Katrina Walsh of Harcourts Coastal – Broadbeach and is in a cul-de-sac.The two-level home has 47 metres of waterfrontage and sits on a 1085sq m block. 19 Newcomen St, Indooroopilly. Picture: realestate.com.auIt has traditional ornate cornices and timber floor boards plus 2.6 metre high ceilings. FROM FRYING PAN TO $2M FIRE SALE The fourth most viewed Queensland property this week was a house at 91 Elliott St, Hawthorne which is listed through Emil Juresic of NGU Real Estate.The five-bedroom home is about 350 metres from the Brisbane River. Inside are double height ceilings voids, floor-to-ceiling doors and windows, a floating staircase, blackbutt timber flooring and custom-built bench seating. 71 Moreton St, New Farm. Picture: realestate.com.auThe second most viewed listing was a house at 71 Moreton St, New Farm which is already under contract. The four-bedroom home is a renovated 1920s Queenslander which was extended in 2015.The first half is the traditional section of the home with a central corridor and bedrooms off to both the left and right. The main bedroom has a fire place. The courtyard links the old and new parts of the home, it features the original fireplace which opens to the outdoors.The home was listed through Ivo Kornel of Belle New Farm.The third most popular home in Queensland on realestate.com.au this week was a 19 Newcomen St, Indooroopilly which is listed with a price guide between $620,000 and $680,000.The four-bedroom home, which is listed through Jonzun Lee of McGrath Estate Agents, is on a 625sq m block walking distance of bus stops and Indooroopilly State School.center_img 34 Barracuda Court, Palm Beach.A WATERFRONT mansion was the home most potential buyers wanted to look through this week.The most popular Queensland listing on realestate.com.au this week was the house at 34 Barracuda Court, Palm Beach which is scheduled for auction on December 2. 20 Priestley Rd, Bridgeman DownsThe home itself is 970sq m. It was completed in 2010, has 3.5 metre ceilings, a home office and a formal lounge and dining room. GET ALL OF THE LATEST REAL ESTATE NEWS DIRECT TO YOUR INBOX 34 Barracuda Court, Palm Beach.There are multiple formal and informal living spaces.Outdoors is an entertainment deck with all-weather privacy screens, ceiling fans, outdoor heaters, a television and exposed observation deck.More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North2 hours agoNew apartments released at idyllic retirement community Samford Grove Presented by last_img read more

MBA Loan Volume to Hit 11 Trillion in 2011

first_img August 19, 2011 416 Views MBA: Loan Volume to Hit $1.1 Trillion in 2011 in Data, Origination, Secondary Market, Servicing Agents & Brokers First-Time Homebuyers Investors Lenders & Servicers Mortgage Bankers Association Mortgage Rates Processing Refinance Service Providers 2011-08-19 Ryan Schuettecenter_img While the economy at large and market skewer, loan volume origination may ride a wave of refinance applications and low mortgage rates into 2011, according to a forecast by the “”Mortgage Bankers Association””:http://mbaa.org/default.htm (MBA). Amounting to $1.1 trillion in residential mortgages, or about $100 billion more than previous forecasts, the higher volume and low mortgage rates mark a silver lining for a month of chaos for the market at large.[IMAGE]Lower forecasts for mortgage rates, plus pale projections for economic growth over the year, partly drove MBA’S report, with the caveat that 2012 may see only $931 billion in loan origination ├â┬ó├óÔÇÜ┬¼├óÔé¼┼ô a rock-bottom figure at its lowest level since 1997.[COLUMN_BREAK]Commenting on the predictions, Jay Brinkmann, MBA’s SVP and chief economist said, “”We have lived through a series of unprecedented events over the past month: the debt ceiling crisis, S&P’s downgrade of US [sic] Treasury debt, the ongoing sovereign debt crisis in Europe, a commitment by the Fed to keep rates near zero for the next two years and stock market volatility that has reached levels not seen since the fall of 2008.””He went on to say that none of the factors show improvement or growth for the slowdown, suggesting that revised estimates for GDP growth show a 1.9-percent decline in economic growth. As a result, he said, unemployment rates will hover above 9 percent over the rest of 2011 and fall just beneath 9 percent over the next year.Brinkmann said that refinance rates will spike over 2011 to $697 billion, jumping by $100 billion and forcing the former to double up by more than $150 billion to $400 billion.He added: “”While there is substantial uncertainty about how these events will impact consumer and business behavior, we do not believe that the economy is facing the same types of risks as in 2008. Were the US [sic] economy to enter a recession, it would likely be the result of an external shock, and would be shallow and relatively brief. On the other hand, given that both fiscal and monetary policymakers’ options are limited at this point, it would be difficult for policy changes to soften any blow.”” Sharelast_img read more