google real estate news Archives - Page 2 of 3

What Do Property Buyers Have to Know?

Post Author By Evo Plus
Post Date 04/07/2024

Additionally distinguished within the headlines is the worth of the pound, which fell to a file low towards the US greenback early Monday.

The UK’s financial scenario is unsure, and from a property funding perspective, some UK-based buyers will uncertain be feeling the consequences of the price of residing disaster and surging vitality costs.

Nonetheless, for those who’re a overseas investor, this will likely present a singular alternative.

With the pound dropping in worth, investing in foreign currency will lead to a better yield than earlier than, as currencies such because the greenback or the euro will probably be value

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Interest Rates Rise in the UK

Post Author By Evo Plus
Post Date 27/06/2023

Given that mortgage rates are set to rise because of the rising interest rates, many buy-to-let investors will be having to pay more on their mortgages as lenders raise their rates to meet the Bank of England’s base rate.

It’s worth noting that although the Bank of England is raising their rates to 5%, mortgage lenders’ rates will be a lot higher than this. Especially with buy-to-let mortgages, rates are often a lot higher than standard residential mortgages due to the higher risk of them not being repaid.

Buy-to-let mortgage repayments cover the accrued interest of the mortgage, so monthly

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Real Estate News

Allied Properties Real Estate Investment Trust (TSE:AP) Expected to Earn FY2024 Earnings of $2.53 Per Share

Post Author By Evo Plus
Post Date 26/06/2023

Allied Properties Real Estate Investment Trust (TSE:AP – Get Rating) – Stock analysts at National Bank Financial upped their FY2024 earnings estimates for shares of Allied Properties Real Estate Investment Trust in a research report issued to clients and investors on Wednesday, June 21st. National Bank Financial analyst M. Kornack now anticipates that the company will earn $2.53 per share for the year, up from their previous estimate of $2.49.

Allied Properties Real Estate Investment Trust (TSE:AP – Get Rating) last issued its earnings results on Wednesday, April 26th. The company reported C($0.10) earnings per share (EPS) for the quarter,

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Real Estate News

Rising Mortgage Approvals a Sign of Positive Market Growth

Post Author By Evo Plus
Post Date 26/05/2023

According to the most recent data released by the Bank of England, the number of mortgage approvals rose for the first time in six months between January and February of this year.

This period saw a rise from 39,647 to 43,563, following a sustained decline in the latter half of 2022. Although this signifies a gradual return to previous norms, February approvals remained a third lower than 12 months previous, so there is still quite a way to go to reach last year’s monthly average of 62,700.

Mortgage approval rates increased by a further 18% in March of this year

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Real Estate News

Trends Reveal Record Demand for Student Accommodation

Post Author By Evo Plus
Post Date 10/05/2023

The shortfalls in student accommodation have been especially detrimental to international students – those coming from countries with a weaker currency have found accommodation increasingly unaffordable, for example.

Yet in 2022 – the UK issued nearly 500,000 study visa grants for international students – this marks an impressive 81% rise when compared to pre-pandemic figures.

Indian nationals enrolled into UK universities saw a 307% surge (105,278) compared to pre-COVID 2019 figures (34,261).

While the intake of Chinese students tapered down slightly – there has also been a significant increase in students coming from other countries such as Nigeria and Bangladesh.

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Real Estate News

Real estate sales dip in Houston and area

Post Author By Evo Plus
Post Date 03/05/2023

Real estate sales through the Multiple Listing Service in Houston and area declined in the first three months of this year compared to the same period in 2022, indicating latest figures from the BC Northern Real Estate Board.

Two single family homes sold from January to March at an average price of $110,000 while five single family homes sold from January to March in 2022 and 11 sold for the same three-month period in 2021.

Six properties sold in all for the first three months of this year at a combined value of $1.8 million.

The decline in home sales

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Real Estate News

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

Post Author By Evo Plus
Post Date 24/04/2023

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

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Real Estate News

Murdaugh items from South Carolina estate Moselle up for auction as home sellers

Post Author By Evo Plus
Post Date 22/03/2023

Items from the Murdaugh family’s South Carolina hunting estate, where Alex Murdaugh shot his wife and son in June 2021, are being auctioned off Thursday in Pembroke, Georgia.

Bidding will take place in person only at Liberty Auction in Pembroke.

“Here is a glimpse into a prominent estate picked up in Colleton County, South Carolina,” the auction said in a March 18 Facebook post, along with photos of the furniture. “We still have a lot of arrangements to do but we can’t wait to see everyone Thursday night!”

The household items and furniture include a leather couch set with pillows

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