Real Estate News

A Guide for Landlords and Investors

What It Could Mean for Private Landlords and Investors

Landlords and investors in the private rented sector do not currently need to comply with the Decent Homes Standard. However, if the standard or an amended version of it is introduced into the private rented sector, local housing authorities will be able to apply it to privately rented properties. Landlords will need to ensure their properties are compliant with the Decent Homes Standard.

As part of the Renters (Reform) Bill, the government is planning to introduce a new digital property portal. Private landlords will be legally required to register their property

Real Estate News

Asbestos Cement: A Guide for Homeowners

How Dangerous Is It?

The inherent danger of asbestos cement lies in the asbestos fibers that it contains. When these fibers are inhaled, they can cause serious health problems. The risk arises when the cement material is disturbed or damaged, causing the asbestos fibers to become airborne.

Asbestos is a known carcinogen and can lead to diseases such as asbestosis, lung cancer and mesothelioma. Asbestosis is a chronic lung disease that causes shortness of breath, coughing and permanent lung damage. Mesothelioma is a rare form of cancer that most commonly affects the lining of the lungs and abdomen.

However, it’s

Real Estate News

Real estate sales dip in Houston and area

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

Real Estate News

FY2023 Earnings Estimate for Dream Office Real Estate Investment Trust (TSE:D) Issued By National Bank Financial

Dream Office Real Estate Investment Trust (TSE:D – Get Rating) – Equities researchers at National Bank Financial lowered their FY2023 earnings per share estimates for shares of Dream Office Real Estate Investment Trust in a research report issued on Monday, April 17th. National Bank Financial analyst M. Kornack now expects that the company will post earnings per share of $1.45 for the year, down from their previous estimate of $1.51. National Bank Financial currently has a “Outperform Under Weight” rating on the stock. National Bank Financial also issued estimates for Dream Office Real Estate Investment Trust’s FY2024 earnings at $1.57

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

62% of Buy to Let Landlords Report Increase in Tenant Demand

In the midst of the current economic climate, the demand for rental properties has seen a significant upsurge, the latest studies show.

A recent 2023 Landlord Report has seen 62.24% of buy-to-let landlords state they have experienced an increase in demand for their rental properties over the last 12 months.

The research comes courtesy of specialist property finance broker Finbri where an associate has highlighted how owing to the “continued instability of the mortgage market and the UK economy, rental property demand is rising. Due to prolonged uncertainty, first-time buyers are postponing entry into the market.”

Landlords in Central London

Real Estate News

A Beginner’s Guide to Investing

Curious to learn more about how to make money in real estate? Are you itching to invest? We don’t blame you—real estate can be a solid investment as part of an overall portfolio, and a great way to ramp up cash flow.

But what’s the best way to invest in real estate—without too much risk? There are two main real estate investing strategies: Fix and flip, or buy and lease out your real estate purchases.

Real estate can be an exciting avenue to significant dividends. Hopeful landlords, though, should carefully evaluate front-end expenses and long-term work before deciding to invest.

Real Estate News

KKR Real Estate: Q4 Earnings Snapshot

NEW YORK (AP) — NEW YORK (AP) — KKR Real Estate Finance Trust Inc. (KREF) on Tuesday reported fourth-quarter net…

NEW YORK (AP) — NEW YORK (AP) — KKR Real Estate Finance Trust Inc. (KREF) on Tuesday reported fourth-quarter net income of $20.3 million.

On a per-share basis, the New York-based company said it had a profit of 21 cents. Earnings, adjusted for non-recurring gains, were 18 cents per share.

The real estate finance company posted revenue of $51.9 million in the period.

For the year, the company reported profit of $38.1 million, or 23 cents per share. Revenue was