Residential real estate news
- Latvia State Real Estate will now cover more tenants in its rent relief program.
- The initiative has been expanded to cover more entrepreneurs, associations, foundations, among others.
- Parties that had been turned away are now free to reapply.
Features & analysis
Latest Residential real estate news
In recent times, different real estate predictions from various experts on cities such as Boston and Washington show a thriving sector occasioned by tight inventory and low-interest rates. While property price increments have stalled in these cities, their demand and prices continue to stabilise.But when it comes to the overall US real estate outlook, statistics are less pleasant: most urban areas have seen home value growth decline to 2015 level...
The UK property market is expecting a short-term improvement in sentiment following last week’s massive win by the Conservancy party, enabling Prime Minister Boris Johnson to retain his seat in a tightly-contested election. However, fund managers are still concerned about the fate of the property market beyond next year.CEO of AEW, Rob Wilkinson expressed his concerns saying: “A Tory majority is the most positive or benign outcome for...
The demand for the UK’s newly built homes seems to be increasing during this festive period of December. According to a report released by Stone Real Estate last Thursday, the prices of newly built homes are largely not affected by the holiday seasons.The agency further noted that new building sales have been on the rise for the past five years during the months of December, while sales for existing properties tend to dip during the period....
The UK real estate could be headed for a major bounce back in the next five years, after months of plummeting prices. The crisis, which has now lasted across the country for several quarters, could not-so-long from now come to an end, this is according to a Wednesday report by Savills.Savills is a brokerage and real estate adviser based in London and its recent report predicts a 15.3% price jump for existing UK homes between the year 2020 and 202...
The United Kingdom’s opposition party, the Labour Party, has promised to broaden the tax base imposed on foreign trusts and companies looking to invest in the UK. This is part of the party’s long-term tax strategy, and it looks to impose a tax purchase charge on all properties bought by foreigners, in addition to the current surcharges and stamp duties. According to Shadow chancellor John McDonnell, the revenue is necessary to “...
Investors from all around the world are sensing an opportunity as the UK pushes for its exit from the European Union. But even as the UK grapples with the idea of exiting from the EU, foreign investors have been fishing for investment opportunities in the kingdom’s dwindling real estate sector, thanks to the weak pound. Smart investors are looking to cash in on the huge Brexit bargains, especially high net worth investors from the US and Ho...
The 2019 US housing market has largely been characterized by low supply and high demand, especially for the lower-priced houses. But should we expect the same next year? Industry experts say, yes and no. Forbes recently spoke to mortgage, real estate, and housing professionals and here’s what they had to say: Property prices will remain on the rise Thanks to high demand coupled with limited inventory, the prices of homes are expected to kee...
Buying property off plan can be a mine field. Make sure you don't get caught out by some of the underhand tricks out there in the property investment market
Other sectors that are isolated from the effects of Brexit include the retirement home investment sector, as the success of these investments is underpinned by Britain’s demographic changes rather than political.
Investing in a brand new home seems like the ideal route to take when investing in real estate. However, buying an older home may be more cost effective and fit your goals better.
A reverse mortgage works by allowing homeowners age 62 and older to borrow from their home’s equity without having to make monthly mortgage payments.
Investors who are interested in purchasing property in Victoria have a lot of options at their disposal.
It had been predicted for some time, and this year finally saw the first rise in interest rates since the credit crunch ten years ago. So, what has this meant for the property market?
The UK residential real estate market was subdued in November, but the national averaged assessment, masks some regional differences, the latest survey from the Royal Institution of Chartered Surveyors, (RICS) showed Thursday.
UK residential real estate prices slid by 2.6% in December from November, the steepest monthly drop for the final month of the year, since 2012, according to the latest house price index from online estate agency, Rightmove. That monthly decline equates to a fall of around £8,000. Rightmove also reported a 1.2% year-on-year rise in residential real estate prices in December, across the UK as a whole.
The latest barometer of UK residential real estate prices suggests end of the year lethargy is creeping into the market. UK high street lender Halifax’s monthly index shows the annual rate of property price inflation eased in November.
Global real estate investment management firm, Knight Frank’s latest global house price index, shows the pace of house price growth slowed to 5.1% in the third quarter of 2017. That’s down from gains of 6.3% in the second quarter and around 5.6% in the third quarter of 2016