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Flueid launches enhanced title verification platform

Verification of title (VOT) and real estate data intelligence provider Flueid has launched a redesigned Flueid Pro — an all-in-one intelligence platform that turns property data into actionable insight for title companies, underwriters, real estate agents and loan officers.

The enhanced Flueid Pro integrates nationwide property and ownership data, farm creation tools and advanced analytics such as turnover probability, equity insights and seller readiness.

Flueid will showcase the platform at this week at ALTA ONE, Oct. 7–10 — offering appointments for live demonstrations, including previews of new artificial intelligence (AI) features.

“Flueid Pro was born from a simple problem: real estate agents and loan officers were buried in outdated tools and chasing stale leads,” said Peter Richter, co-founder, president and Flueid Pro product lead. “What began as a way to centralize property insights, lead data and workflows has evolved into something much bigger. Today, research, discovery, and intelligence come together in one smooth experience.

“We keep building to make opportunities easier to see, decisions easier to make, and actions easier to take — moving toward a platform that doesn’t just support you but anticipates you.”

Users can build and refine property farms with presets or custom filters, access recorded documents and parcel maps and export data directly to CRMs or mailing lists.

Additional features include full mobile workflows for on-the-go prospecting and offers configurable branding, permissions and compliance settings.

New AI-driven tools enhance marketing and engagement, leaders said.

The new Flueid Pro is available immediately, with existing customers transitioning based on readiness. An optional service ordering module — covering title, settlement/escrow, and VOT products — extends the platform from research and lead discovery to open order.

“Flueid’s vision is simple across all our solutions: make data and intelligence actionable to streamline transactions from discovery through closing and beyond,” said Peter Bowman, co-founder and CEO. “Our furthest upstream product, Flueid Pro, gives title professionals, real estate agents, and their partners one place to research properties, prioritize opportunities, and power outreach — laying the groundwork for faster, more transparent transactions and the next generation of real estate automation.”

October 8, 2025/0 Comments/by JKents
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Belmont home earns $230K value uplift in seven years

The three-bedroom house at 7 Allitt Ave, Belmont, sold for $820,000 at auction.

New owners could get away with adding little to their to-do list when they move in to a three-bedroom Belmont house they bought at the weekend.

The former rental property bears the work done to keep the house up to date for the property market, such as two updated bathrooms and a classic kitchen complete with basic white cabinetry and stainless steel appliances, along with built-in wardrobes in the bedrooms.

McGrath, Geelong agent David McGuinness explained other work, such as restumping and replacing the roof just before the sale campaign had also been done, along with the splash of paint to create a welcoming property primed to sell.

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Polished timber floorboards provide character throughout the home’s open-plan kitchen, dining and living area.

That’s maybe one reason why five bidders contested the 614sq m property at 7 Allitt Ave Belmont, including three absentee investors bidding over the phone.

The property sold for $820,000, after being offered with price hopes from $740,000 to $780,000.

“It was one of our ex-rentals,” Mr McGuinness said.

“They gave it a coat of paint, it had already been restumped and the roof was discovered to be crook, so a couple of weeks ago they replaced the old cement tile roof with a brand now Colorbond roof.

Bedrooms feature built-in wardrobes and modern touches such as pendant bedside lighting.

“Most of the homes in there have had a bit of work done to them. Now it’s looking like a really nice spot.

“There’s been a real changing of the guard with a lot of older people that lived in that area are all gone now. There’s a lot more families and the neighbours that we spoke to that are living reckon it’s got a really nice community vibe.”

Mr McGuinness said there were three investors and two families seeking to owner occupy among the five bidders contesting the property.

The kitchen offers substantial storage and cooking space.

While the buyers will occupy the house, it proved a good investment for the owners who paid $589,000 for home in $589,000.

The $231,000 uplift represents capital growth of 39.2 per cent increase over seven years, on top of the rental income that started at $450 a week in 2020 and rose to $510 a week in 2024.

Compare that to the previous owner, who sold for just over double the $290,000 paid in 2010, after completing the makeover.

The house features polished timber floors, split-system airconditioning for year-round heating and cooling and an open-plan kitchen, living and meals area with a north-facing aspect.

The post Belmont home earns $230K value uplift in seven years appeared first on realestate.com.au.

October 8, 2025/0 Comments/by JKents
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Snap sale: NT island with pub, croc and chopper parking hits market

Goat Island in the Northern Territory is for sale for $1.5m. Picture: Supplied

Kai Hansen – the Territorian who went viral for smacking a 3.5m saltie on the nose with a frying pan – has put his beloved Goat Island on the market, complete with resident croc and the infamous frying pan.

A well-known tourism stop off about an hour-and-a-half from Darwin, the 10ha island sits in the Adelaide River, home to about four crocs per square kilometre.

There are no goats on the island but there is Casey, the resident 3.5m croc from the viral frying pan video.

“She’s just another young female who wants me for my body,” Mr Hansen said.

“She comes with the island, as long as whoever buys it promises to look after her.”

For sale for $1.5m, Goat Island includes the Goat Island Lodge, Casey’s Bar, an owner’s residence, a massive deck overlooking the river, guest rooms, a pontoon and a helicopter landing zone.

And Mr Hansen said he’d even chuck in the frying pan he used to keep Casey in line.

“It’s siting in a pot plant here with two distinctive dents from Casey’s nose,” he said.

A still from the viral video of Kai Hansen and Casey the croc.

The NT News front page featuring King Kai and Casey. Picture: NT News

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Mr Hansen bought the island almost 24 years ago after Darwin’s rural area got “too civilised”.

“They put in traffic lights at Coolalinga,” he said.

“I’m a country boy – I don’t need traffic lights to go shopping.”

Mr Hansen said he found the island through an ad in the NT News and bought it for the cost of a “nice house in Darwin”.

“That was for the island, one building with four rooms, a generator on a tank stand and that was about it,” he said.

“I build a big house, put in new generators, a bar, kitchen, walkways, pontoon and cleared land for the “international” airport and a walking track to end of the island.

“We don’t pay rates but there’s no bloody services either.

“But there is that thing older people like me like, though – freedom.”

Kai Hansen has transformed the island since buying it almost 24 years ago. Picture: Supplied

Goat Island is a popular tourist stop. Picture: Supplied

Mr Hansen said he had loved being able to host visitors on the island for more than two decades.

“At most places, the publican will serve you and sit and wait until you need another drink,” he said.

“When people come here and order a drink, I’ll join them.

“We get people coming from all over the place and my job is to make sure they’re all having a good time, having a laugh.

“During the busy season you can sometimes have five, six, seven boats coming in a day.

“I’ve had in one day 26 helicopters and there’s only room for about four or five at a time.”

Known locally as King Kai, Mr Hansen was originally from Denmark and has called the Territory home for 53 years.

“I’ve been a proper local for three years now,” he said.

“Denmark got an Australian queen and you got a Danish King.”

Casey the croc still calls the island home. Picture: Supplied

Goat Island in accessible by boat or chopper. Picture: Supplied

But the 74-year-old said he was starting to get too old to keep looking after the island, so it was time to sell up and find a place where he could get back into golf.

“I’m in no rush to sell but I am on my own our here,” he said.

“If you really want to take this place to the next level, you need two people in the busy period.

“You could easily double your turnover if you used social media and a bit of advertising.

“I’m living comfortably and I don’t do any advertising or promotions.”

Mr Hansen said Goat Island was perfect for anyone looking to semi-retire or keen fishos looking for the ultimate home base.

“You just need to look after people and keep them happy,” he said.

The post Snap sale: NT island with pub, croc and chopper parking hits market appeared first on realestate.com.au.

October 8, 2025/0 Comments/by JKents
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Fifth Third buys Comerica in nearly $11B deal

Fifth Third and Comerica announced on Monday that they have signed a definitive merger agreement in an all-stock transaction valued at $10.9 billion, creating the nation’s ninth-largest bank with approximately $288 billion in assets.

Comerica’s website detailed that shareholders will receive 1.8663 Fifth Third shares for each Comerica share, valuing the deal at $82.88 per share based on Fifth Third’s Oct. 3 closing price.

“The combined entity will operate in 17 of the 20 fastest-growing markets in the country, including key regions in the Southeast, Texas and California, while solidifying its leadership in the Midwest. Third’s award-winning retail and digital banking will be paired with Comerica’s middle market expertise, expanding both consumer and commercial offerings,” the website reads.

Fifth Third added that by 2030, more than half of its branches are projected to be in those regions.

“This combination marks a pivotal moment for Fifth Third as we accelerate our strategy to build density in high-growth markets and deepen our commercial capabilities,” Fifth Third Bank Chairman and CEO Tim Spence said in a statement. “Comerica’s strong middle market franchise and complementary footprint make this a natural fit.”

The transaction is expected to close by the end of the first quarter of 2026, with Fifth Third shareholders owning about 73% of the combined company. Company shareholders still need to approve the deal.

Three Comerica board members will join Fifth Third’s board upon completion of the merger. Comerica Chairman and CEO Curt Farmer will serve as vice chair of the combined company, while Chief Banking Officer Peter Sefzik will head Fifth Third’s wealth and asset management division.

Comerica shares rose 12% in premarket trading, while Fifth Third fell 3%. The S&P 500 Banks Index is up nearly 21% this year, outpacing the broader market’s 14% gain.

Comerica has sunsetted certain operations in recent years. In 2023, the Dallas-based company announced plans to “organically exit” warehouse lending.

October 8, 2025/0 Comments/by JKents
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Texas housing inventory grows as sellers trim prices

Texas home sellers are facing a slower fall market as listings spend longer on the market and inventory rises across the state. More than 137,000 single-family homes are now active statewide, equal to about 3.7 months of supply.

Prices and inventory

The median list price in Texas is $377,558, with new listings entering slightly lower at $358,450. While pricing remains lower than the national $444,900 median, the state’s market shows more competition as supply builds.

Recent list price trends also reflect the seasonal cycle. Statewide medians typically peak in the summer before softening in the fall. This year’s pattern mirrors that history, with prices slipping from summer highs but holding above pre-pandemic levels.

Days on market trends

Homes in Texas are taking longer to sell. The median days on market has reached 84, compared with the national figure of 70. The average listing now lingers for 125 days, underscoring the slower pace of buyer activity. Longer timelines add pressure for sellers to adjust pricing strategies in order to compete.

Price reductions and relists

About 44% of active Texas listings have recorded a price cut, and 13% have been relisted. These figures show sellers testing the market before adjusting to meet demand. While the share of listings with price cuts is similar to the national trend, Texas sellers face longer timelines and higher inventory, adding pressure to adjust.

Pending sales and buyer activity

Despite the slower turnover, buyers are still active. More than 35,000 homes are under contract, with pending transactions closing in an average of 34 days. The median pending price is $359,900, close to where new listings are being introduced. That alignment suggests buyers are most responsive at mid-market price points.

Outlook and professional takeaway

Texas remains more affordable than many coastal markets, but sellers are contending with higher inventory and longer waits. For housing professionals, competitive initial pricing and timely adjustments are critical in maintaining buyer interest.

For a national view of how sellers are adjusting, see HousingWire’s latest Housing Market Tracker.

For local insights on price cuts in your market, visit HW Data.

October 8, 2025/0 Comments/by JKents
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Inside George Clooney ‘normal’ life despite multiple homes, $750m fortune

George Clooney insists he lives a “normal” life despite owning multiple homes around the world and a staggering fortune of $500 million ($A750 million).

The Oscar-winner and his wife Amal boast an extensive property portfolio across the globe worth $US100 million ($A150 million), according to Celebrity Net Worth.

The impressive real estate collection includes a $US14.7 million ($A22.2 million) New York City condo, a villa on Lake Como, a $US13 million ($A19.6 million) mansion in the UK and a sprawling $US8.3 million ($A12.5 million) estate in France.

During the premiere of his latest film, Jay Kelly, the 64-year-old actor told the Daily Mail he does have “normalcy” in his life.

“I have normalcy. You know, I drive my kids to school every morning,” the megastar insisted. “I have normalcy – except for this.”

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George Clooney insists he lives a “normal” life despite owning multiple homes around the world. Picture: Franco Origlia/Getty Images

The Ocean’s Eleven star confessed he does have somewhat of a “pampered” life, which he tries to shield from his and Amal’s eight-year-old twins Ella and Alexander.

“They didn’t come to the set much. They came a couple of times. I try to keep the kids away from that experience right now,” he explained.

“I’m not quite sure what they would think about it. I don’t want them to think we’re too pampered.”

Clooney’s most famous home is the Villa Oleander on Italy’s Lake Como, which he snapped up in 2002 for $US30 million ($A45 million).

Located in Laglio, Italy, the property features 15 bedrooms, a private swimming pool, a tennis court, a full gym, landscaped gardens, ornately carved ceilings, massive bathrooms and a separate “pizza room”.

Clooney’s most famous home is the Villa Oleander on Italy’s Lake Como, which he bought in 2002 for $US30 million ($A45 million). Picture: Getty

In 1992, the ER alum purchased a six-bedroom mansion in Studio City, California from musician Stevie Nicks for $US2.2 million ($A3.3 million).

The A-lister sold the property to Christian McCaffrey and Olivia Culpo in 2024 for $14.5 million ($A22 million).

The Clooneys added a $US8.3 million ($A12.5 million) vineyard near Brignoles, France to their property portfolio in 2021.

The sprawling estate includes an 18th-century manor with a swimming pool, tennis court, boules pitch, vast gardens, a lake and olive grove.

The Oscar-winner and his wife Amal boast an extensive property portfolio across the globe worth $US100 million. Picture: Annalisa Ranzoni/Getty Images

In a new interview with Esquire, the Batman & Robin actor opened up about his life in France and explained why they chose to uproot their family to the countryside.

“You know, we live on a farm in France. A good portion of my life growing up was on a farm, and as a kid I hated the whole idea of it,” he told the outlet.

“But now, for them, it’s like – they’re not on their iPads, you know? They have dinner with grown-ups and have to take their dishes in. They have a much better life.

“I was worried about raising our kids in LA, in the culture of Hollywood. I felt like they were never going to get a fair shake at life,” he continued.

“France – they kind of don’t give a sh*t about fame. I don’t want them to be walking around worried about paparazzi. I don’t want them being compared to somebody else’s famous kids.”

Earlier this year, the From Dusk till Dawn actor told The New York Times about embracing the quieter life outside the city.

“Growing up in Kentucky, all I wanted to do was get away from a farm, get away from that life,” he told the outlet.

“Now I find myself back in that life. I drive a tractor and all those things.”

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The post Inside George Clooney ‘normal’ life despite multiple homes, $750m fortune appeared first on realestate.com.au.

October 8, 2025/0 Comments/by JKents
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Kansas City Fed chair backs cautious approach on rates

Kansas City Federal Reserve Bank President Jeff Schmid said Monday that inflation remains above the Fed’s goal and backed current interest rate policy — even as the labor market cools and housing costs remain a key driver of inflation.

Speaking to the CFA Society Kansas City, Schmid said he voted in favor of the Fed’s September quarter-point rate cut but sees no need for aggressive easing.

“Constraints lead to difficult decisions over how to balance competing objectives, and the Fed has been tasked with these difficult decisions when it comes to inflation and employment,” he said. “In balancing this constraint, my view is that the Fed must maintain its credibility on inflation.”

He said inflation expectations remain stable but warned that could change quickly if policy loosens too fast.

“I view inflation expectations not as an input, or signal, for the Fed to respond to, but as the output of the policy decisions that the Fed makes,” he said.

Schmid told the room he will continue to take a “data-dependent” approach ahead of the next Federal Open Market Committee (FOMC) meeting Oct. 28-29.

“While I am hopeful that the government data that underpins Fed decision-making will soon become available again, in the meantime, I will be monitoring alternative labor market and price data closely,” he said. “[That includes] data we gather from District surveys and reports from our network of contacts as we approach our next FOMC meeting at the end of the month.”

Inflation pressures

Turning to the economy, Schmid said the Fed is “relatively close” to achieving its dual mandate of price stability and full employment — but “still not there yet.”

“Inflation is too high,” he said. “The Fed has defined price stability as an inflation rate of 2%. Over the 12 months ending in August, prices increased 2.7%. Looking through the effects of a recent decline in gas prices, the rate of inflation was closer to 3%.”

Schmid pointed to persistent price pressures in both goods and services — citing housing costs, utilities and electricity as key contributors. He also noted that tariffs have pushed durable goods prices higher than historical trends.

One worrying sign is that price increases are also becoming more widespread.

“At the start of the year, 70% of consumption categories reported price increases. By August, almost 80 percent of categories had increasing prices,” he said.

Labor market cooling but balanced

On employment, Schmid said the labor market has cooled considerably this year, which may help ease inflation pressures while carrying a level of risk.

“Job growth has slowed dramatically since April,” he said. “On average, employers have added about 25,000 jobs a month compared to an average of above 200,000 per month in the three years going into April.”

Still, the job market remains fundamentally stable, Schmid added.

“The unemployment rate is 4.3%, which is low relative to most of its history,” he said. “Another common indicator, the vacancy ratio, or the number of posted job openings per person reporting themselves as unemployed, remains near one — right in line with the level consistent with a healthy balanced labor market.

“Looking across the range of labor data included in the Kansas City Fed’s aggregate Labor Market Condition Indictors suggests a labor market that has cooled but remains healthy.”

Policy ‘only slightly restrictive’

Schmid said that while the labor market’s slowdown suggests policy is restrictive, financial conditions remain fairly loose.

“Equity markets remain near record highs, corporate bond spreads are very narrow, and junk bond issuance is high,” he said. “None of this suggests that financial conditions are particularly tight or that the stance of policy is restrictive.”

He added that investment in artificial intelligence and other technology continues to bolster growth — with software spending reportedly growing at the fastest pace on record in the second quarter.

“Overall, given the state of the economy and financial markets, I view the current stance of policy as only slightly restrictive, which I think is the right place to be,” Schmid said.

October 8, 2025/0 Comments/by JKents
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Equifax slashes VantageScore 4.0 pricing as FICO launches new reseller model

Equifax announced changes to its pricing strategy following Fair Isaac Corp. (FICO)’s rollout of a new program that allows tri-merge resellers to calculate and distribute its scores directly to mortgage lenders.

The credit bureau said it will offer VantageScore 4.0 – a direct competitor to FICO — at $4.50 per score through the end of 2027. It will also provide the score at no cost for the remainder of 2025 and 2026 to mortgage, automotive, credit card and consumer finance customers who purchase FICO scores during that period.

The shift comes as competition intensifies in the credit scoring market, driven by the Federal Housing Finance Agency (FHFA)’s decision to allow Fannie Mae and Freddie Mac to purchase loans underwritten with VantageScore 4.0 as an alternative to the Classic FICO score. VantageScore is jointly owned by the three national credit bureaus — Equifax, TransUnion and Experian.
Last week, FICO unveiled a new performance-based pricing model for its scores distributed through tri-merge resellers. Under the new structure, a $4.95 royalty fee per score and a $33 funded loan fee (per borrower, per score) will apply when the loan closes.

Lenders that prefer to stick with the traditional per-score model will continue to pay $10 per score, consistent with previous pricing, FICO said. Lenders can also continue working directly with the credit bureaus if they choose.
In the mortgage space, the move was viewed by some as a step toward greater competition, but others warned it could increase credit score costs in the short term. Industry executives said the change effectively redirects some revenue from the credit bureaus to FICO by making resellers direct clients of the score provider. But since the bureaus still control essential consumer credit data — including tradeline information — sources cautioned they could raise their own fees to compensate for lost revenue.
The response? “Equifax is supporting U.S. consumers and our mortgage customers with 2026 VantageScore 4.0 pricing at over 50% below FICO’s aggressive 2026 $10 pricing,” Mark W. Begor, CEO of Equifax, said in a statement. “We are committed to holding the $4.50 score pricing for two years to give lenders the confidence they need to convert to the higher-performing VantageScore.”
Equifax said VantageScore 4.0 provides a more comprehensive view of consumers’ financial profiles by using trending and alternative data — such as rent, utility and telecommunications payment histories. The company claims the model delivers a 20% increase in originations without additional risk. Both VantageScore and FICO have released studies asserting the superior accuracy of their respective credit models.
“We are also continuing to enhance the value that the Equifax mortgage credit file provides by including income and employment indicators and alternative data alongside credit data at no charge — to deliver more value to our customers and expand credit access to more U.S. consumers. We are committed to responsibly supporting consumers and the mortgage industry with the fullest insights available,” Begor added.
Equifax said it’s the first to offer telecom, pay TV and utility data alongside tri-merge credit reports for mortgage lenders at no extra charge, as well as an employment status indicator earlier in the qualification process through The Work Number report.

Similar indicator reports for the automotive, credit card and consumer finance industries are slated for release in 2026.

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From luxury to lasting change: The story behind a new push to tackle homelessness

Akira Galvin knows how to capture people’s attention, having helped showcase luxury homes and properties right across the country, but now she wants to shine a light on Australia’s homelessness crisis.

More than 122,000 Australians experience homelessness on any given night, according to Census 2021 figures.

It’s a key reason why Ms Galvin, the head of property and place at independent agency Enigma, wants to do more to increase awareness about homelessness in Australia, and even raise money to help those organisations working on the frontline.


Ms Galvin has partnered with A Home for All Foundation, an industry-led organisation aiming to drive awareness, raise funds and build long-term change for people experiencing homelessness and housing insecurity.

“I am very passionate about property, and I love the built form and what having a place to call home can do for its society,” Ms Galvin said.

“It’s also quite special to be part of somebody’s biggest decision in life when it comes to buying a home for the first time.

“But the flipside is that many Australians won’t be able to buy a house buy in their lifetime – it’s especially hard in Sydney right now if you’re a 25-year-old trying to pay rent and save for a mortgage.

More than 122,000 Australians experience homelessness on any given night. Picture: Supplied

“It’s a privilege to be able to realise your home ownership dream and help others achieve that too; but we’re ever mindful not everybody can.”

It was while on a property study/work trip to India earlier this year that proved an eye-opening experience for Ms Galvin and Enigma.

 “It was humbling, and made me feel very lucky to live in Australia and walk into a safe office every day with clean work, food and have a healthy team around me,” Ms Galvin said.

“It was this experience that really made me think ‘what else can we do with this sort of insight.’ Partnering with A Home for all Foundation made sense because it’s a means of us giving back and doing our bit for homelessness. It’s a crisis that’s everybody’s problem.”

Enigma head of property and place Akira Galvin. Picture: Supplied

Having worked at the not-for-profit Benevolent Society in the past has also helped Ms Galvin see the tough side of home ownership and the reality of homelessness.  

“It only takes one life event to be a step away from homelessness becoming a reality,” she said.

“You only need a few things to go wrong or a circumstance to change for homelessness to be a possibility, it’s a frightening thought.

“Six percent of the homelessness you see are those sleeping rough on the streets; the rest is hidden.”

Many were couch surfing, living in cars or moving from one temporary accommodation to the next, with no guarantee of security. 

It means one in 10 Australians were at-risk of experiencing homelessness – and the number has only been growing.

“We want to be a positive driving force in the property space,” Ms Galvin said.

The majority of people experiencing homelessness couch surf, sleep in cars, or move from one temporary accommodation to the next. Picture: Supplied

“Property for us is about getting a roof over your head – it’s not just about six-star ratings and top tier appliances within them.

“Everyone deserves to feel safe and everyone deserves to have a home. If we can bring awareness to and help drive that conversation around what that means and how people can make better financial decisions and take care of one another, then we’re doing something good.”

Ms Galvin said understanding homelessness came down to education. Enigma Agency has worked closely with Newcastle University to take on their graduates to help train them before they start working in the field.

Ms Galvin has also become a board member at Women with Numbers.

Just 6% of people experiencing homelessness were sleeping rough. Picture: Supplied

“I feel very strongly about making sure that young girls looking to buy property one day are trained and have access to things like men do,” she said.

“It’s a fiscal skill that we don’t spend enough time educating younger people about, especially women. I have a strong interest in this area, and to make sure young girls don’t find themselves in tough times.

“They can learn about how to secure a home and understand the importance of not living beyond their means.”

In October, the property industry is invited to take part in ‘A Night Without Home’ to help raise awareness and funds to help end homelessness. All funds raised will go to homelessness organisations via A Home for All Foundation.

The post From luxury to lasting change: The story behind a new push to tackle homelessness appeared first on realestate.com.au.

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Fannie, Freddie close NY offices as Trump battles Letitia James

The Trump administration is using its tight control over the mortgage giants to continue a vendetta against New York attorney general and other political opponents, critics say.

October 7, 2025/0 Comments/by JKents
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