The Hollywood sign overlooking Los Angeles. Picture: iStock.The report found Las Vegas, Seattle and Portland, Oregon, are also gaining attention from Australians.“Buyers in these markets can purchase at a much lower price point without forgoing strong home value appreciation,” the report said.“For example, in the Las Vegas metro, the median home costs $309,320 ($US236,800) and is expected to rise another 5.8 per cent in value over the next year.“Compare this with the Los Angeles metro, where the median home price is $804,389 AUD ($615,800 USD) and is expected to gain just 1.1 per cent in value next year.”Traffic is highest from Sydney, Melbourne, Brisbane, Perth and Adelaide and most searches are for active real estate and rental listings, according to the report. $120,000 HOME SELLS FOR $3M-PLUS More from newsParks and wildlife the new lust-haves post coronavirus21 hours agoNoosa’s best beachfront penthouse is about to hit the market21 hours agoHollywood Boulevard, Los Angeles, California, USA.Zillow chief economist Aaron Terrazas said more affordable house prices and forecasts for price growth and new tax cuts were part of the mindset to invest.“We know the markets have picked up and it’s going to spill over into wage growth and this will spill over into first home buyers, and we think they will be out buying homes for the next two to three years and that will drive prices,” he said.The latest Expat Explorer Global Report from HSBC also revealed an increase in Australian expats buying properties overseas.The report found that in a survey of 1034 Australians living abroad, 60 per cent owned property somewhere in the world — while just 34 per cent owned property in Australia. Malibu, California, is one of the most searched US cities by Australians looking to buy property.TOP 10 US CITIES MOST SEARCHED BY AUSTRALIANS:1. Beverly Hills, California2. Calabasas, California3. Malibu, California4. West Hollywood, California5. Fullerton, California6. Aspen, Colorado7. Santa Monica, California8. Monterey, California9. Newport Coast, California10. Great Neck, New York(Source: Zillow) A row of houses in California, USA, where more Australians are looking to buy property. Picture: istock.MORE Aussies are looking to the US to buy property, with one real estate website now attracting more than a million browsers from Down Under every year.Unlike Australia, home prices in most US markets are considered affordable, and many metropolitan areas now have improved economic prospects, making them more appealing to investors and expats, a new report has found.The median home price in the US is much lower than in Australia at around $265,696. GET THE LATEST REAL ESTATE NEWS DIRECT TO YOUR INBOX HERE Los Angeles, California, is becoming popular with Australian property investors.Real estate website Zillow’s Aussie Expat Report reveals Australians are mainly interested in stand-alone homes and eight of the top 10 most popular US cities for Australian home searches were in the state of California, within the Los Angeles metro area.But homes in the hot Californian market can come with a significant price tag, with the report noting the median price point for Australian home searches was about $704,000. NEW YORK CHEAPER THAN BRISBANE
It appears the Bucks are looking to add some outside shooting.They are meeting Thursday with former Cavaliers guard JR Smith, according to The Athletic, which cited unidentified league sources. Raptors’ Kyle Lowry had procedure to repair tendon injury in thumb, report says JR Smith will have a free-agent meeting with the Bucks today in Milwaukee, league sources tell @TheAthleticNBA @Stadium. Bucks are searching for a wing shooter and both sides will have opportunity to sit down.— Shams Charania (@ShamsCharania) July 18, 2019Smith, 33, was waived by Cleveland earlier this week after spending almost five seasons with the team. He appeared in only 11 games in 2018-19 after agreeing to leave the team in November to await a trade or his release.Milwaukee could have plenty of use for Smith if the two sides can reach an agreement though. Hall of Fame NBA coach Jerry Sloan’s health reportedly in steep decline: ‘He is dying’ Related News The Bucks retained 3-and-D wing Khris Middleton by giving him a five-year, $178 million deal this offseason. But they also sent a 50-40-90 shooter in Malcolm Brogdon to the Pacers in a sign-and-trade. Only the Rockets attempted more 3-pointers per game than the Bucks last season, so a 37.3% career 3-point shooter like Smith could help fill the void left by Brogdon’s departure.The Bucks had a league-best 60-22 record and advanced to the Eastern Conference finals before being eliminated by the Raptors in six games. But star Toronto forward Kawhi Leonard is out of the picture now, as he joined the Clippers in the Western Conference in July.Milwaukee has the reigning MVP in Giannis Antetokounmpo and the 2019 Coach of the Year in Mike Budenholzer — who transformed the organization’s offense in his first season leading the team. Role-players like Smith and Wesley Matthews could help the Bucks get over the hump and return to the Finals for the first time since 1974.