Prince’s Backing Band The Revolution Will Reunite For The First Time In 30 Years

first_imgPrince spent a number of years backed by The Revolution, a five-piece ensemble consisting of Wendy Melvoin, Lisa Coleman, Bobby Z., Brown Mark, and Matt Fink. While the group hasn’t performed in a number of years, the members have all recently come together in mourning of their late leader.In a new video posted to Brown Mark’s Facebook account, the band has announced plans to reunite. “We have decided, after spending three or four days together now grieving over the loss of Prince, that we would like to come out and do some shows,” Melvoin says. “We want to let you know that we’ll be there soon.”Watch below:While there’s no word of an official tour, the band does say “See you soon.” We’ll be sure to update when more information becomes available.last_img read more

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New figures reveal the number of owners selling for less than they paid is on the increase

first_imgNow might be the time to try and grab a bargain in the Brisbane property market. Picture: AAP/ Ric FrearsonIF YOU’RE hunting for property, now could be a good time to buy, with new figures revealing the number of owners selling for less than they paid is on the increase.While the latest CoreLogic Pain and Gain report revealed the majority of sales were still for a profit, worth $1.2 billion across Greater Brisbane in the first quarter of 2018, loss making sales had risen.Loss making sales accounted for 10 per cent of transactions during the quarter compared with 8.4 per cent in the previous quarter. The total value of resales at a loss was $29 million. The report found within Brisbane houses were more likely to sell for a profit than units, with units almost nine times as likely to resell for a loss than houses.Within Southeast Queensland the Sunshine Coast was the strongest performer with 94 per cent of all sales at a profit with an average profit of $131,000.In the Brisbane City Council region 88.1 per cent of sales were for a profit with an average profit to $175,000.Average profits were highest in the Scenic Rim at $239,999.CoreLogic analyst Cameron Kusher said the difference between the unit and house markets was what contributed to a higher level of loss making sales in Brisbane.More from newsParks and wildlife the new lust-haves post coronavirus17 hours agoNoosa’s best beachfront penthouse is about to hit the market17 hours ago It’s not hard to see why the Sunshine Coast lifestyle was so appealing to buyers during the quarter. Picture: Lachie MillardMr Kusher said nationally the figures reflected a slow down in price growth in the market with the level of loss making sales was the highest it had been since October 2013.While a higher number of property sales in capital cities were at a profit compared with regional areas, Mr Kusher said price growth was doing better in regional areas. Hobart had the highest number of profit making sales, 98.4 per cent, followed by Sydney 97.6 per cent, Melbourne, 96 per cent, Canberra 92.1 per cent, Adelaide 91. per cent, Brisbane 90 per cent, Perth 71.1 per cent, Darwin 64.4 per cent. Mr Kusher said there had been a big change in the level of loss making sales this quarter.“And largely that is because obviously we are starting to see values decline,’’ he said.“I think that’s largely because we are starting to see, particularly in the capital cities, dwelling values starting to fall. So in terms of resales at a loss nationally they have increased largely because of the performances of capital cities. “Brisbane new houses have been trending lower. In terms of the share of losses they are pretty flat over the quarter but we continue to see more and more units selling at a loss, so 30 per cent of units selling at a loss now, it was 25 per cent last quarter,’’ he said.last_img read more

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