Real Estate News

The UK Property Market is Now in Better Health Than Four Years Ago

There are various ways we can use to track how the UK property market is performing.

One of the most common ones is house prices and how they are rising or falling. Rising prices mean that the market is performing well, while falling prices are usually a cause for concern.

The Land Registry’s UK House Price Index reports that prices rose by 6.3% annually from January 2023, the latest data available. This shows that the market is still going strong as prices are higher than in 2022.

A second way we can determine the health of the housing market is

Real Estate News

Report: Thomas sold real estate to donor, didn’t report deal

Conservative mega-donor Harlan Crow purchased three properties belonging to Supreme Court Justice Clarence Thomas and his family, in a transaction worth more than $100,000 that Thomas never reported, according to the non-profit investigative journalism organization ProPublica.

WASHINGTON (AP) — Conservative mega-donor Harlan Crow purchased three properties belonging to Supreme Court Justice Clarence Thomas and his family, in a transaction worth more than $100,000 that Thomas never reported, according to the non-profit investigative journalism organization ProPublica.

The 2014 real estate deal shines a new light on Thomas’s decades old relationship with Crow, a real estate magnate and longtime financier for conservative

Real Estate News

‘Married to Real Estate’ Star Egypt Sherrod Reveals She’s Launching a Furniture Line

HGTV fans know that few shows can compete with Married to Real Estate. We also know that’s because stars Egypt Sherrod and Mike Jackson are just a pleasure to watch. Honestly, we can’t get enough of this couple. And luckily, there will be more of ’em to go around!

Egypt just revealed really exciting news on her Instagram page. The 46-year-old real estate broker and designer announced that she’s launching her own furniture line in the fall. But for fans wanting to shop her style ASAP, Egypt also shared that we can now browse her curated selection of home

Real Estate News

What Does the Latest UK House Price Index Mean for Investors?

According to the latest UK House Price Index, property values ​​saw a subtle yet significant rise over the course of 2022, ending on a December average of £294,329 – an increase of over £21,000 from the opening January price.

Having closed the year with an average property value of over £26,000 more than the previous December, 2022 signified another healthy growth period for the UK market.

The summer months brought them the most movement with a decrease in the average property price of 5.3% between May and June, before a significant 7.4% rise between June and July.

Regionally, the South

Real Estate News

Xinyuan Real Estate (NYSE:XIN) Coverage Initiated by Analysts at StockNews.com

Investment analysts at StockNews.com initiated coverage on shares of Xinyuan Real Estate (NYSE:XIN – Get Rating) in a note issued to investors on Saturday. The brokerage sets a “hold” rating on the financial services provider’s stock.

Xinyuan Real Estate Stock Performance

Shares of NYSE XIN opened at $5.92 on Friday. Xinyuan Real Estate has a 1 year low of $2.95 and a 1 year high of $12.30. The firm’s 50 day moving average price is $4.94 and its 200 day moving average price is $4.89.

Hedge Funds Weigh In On Xinyuan Real Estate

A hedge fund recently bought a new

Real Estate News

Falling Property Prices Make Property Investment More Affordable

Of course, this all sounds incredibly dramatic and appears to have come right out of the blue, but this price drop has been expected by many property experts for a long time now – due to two years of inflated house prices post-pandemic.

However, despite the price crash being anticipated, the market has become more volatile than experts predicted due to the cost of living crisis and other similar factors.

Alongside this, many experts are also forecasting a further decline in 2023. For example, Lloyds, the UK’s largest mortgage lender, expects prices to fall by 8% this year.

This may

Real Estate News

Here’s Why Now Is the Perfect Time to Invest in Off-Plan Property

Throughout history, the property market has found ways to remain resilient in times of turmoil – and it is possible that now could be a good time to negotiate a better deal on an off-plan property.

Unlike other sectors of the UK economy, the housing market has historically proven to be consistently stable in the long term. This is because housing is a physical asset which has demonstrated growth in value over a number of years.

Though buy-to-let mortgages are currently quite difficult to navigate, and the value of the pound is becoming uncertain, property – more than any other