Real Estate News

Liverpool and Manchester Top Cities For GCC Investors

For investors based in the six Gulf Cooperation Council (GCC) countries, the UK has historically been one of the most popular places to invest in buy to let property.

Understandably, London has received the majority of this investment through the years due to it being one of the world’s most important financial centres, having huge employment opportunities, as well as an abundance of famous historical attractions leading to sustained tenant demand.

But following the Covid-19 pandemic, a number of factors have caused a significant shift in this long-established trend, a shift that’s increasingly taking North West investors.

The GCC is

Real Estate News

Head-To-Head Review: AGNC Investment (NASDAQ:AGNCM) vs. Apollo Commercial Real Estate Finance (NYSE:ARI)

AGNC Investment (NASDAQ:AGNCM – Free Report) and Apollo Commercial Real Estate Finance (NYSE:ARI – Free Report) are both real estate companies, but which is the superior business? We will compare the two businesses based on the strength of their valuation, profitability, earnings, dividends, institutional ownership, analyst recommendations and risk.

Earnings & Valuations

This table compares AGNC Investment and Apollo Commercial Real Estate Finance’s revenue, earnings per share and valuation.

GrossRevenuesPrice/Sales RatioNetIncomeEarnings Per SharePrice/Earnings Ratio
AGNC Investments-$615.00 millionN/AN/AN/AN/A
Apollo Commercial Real Estate Finance$303.64 million5.13$265.23 million$1.836.02

Apollo Commercial

Real Estate News

Rising Mortgage Approvals a Sign of Positive Market Growth

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

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

The Top 10 Cheapest Areas of London to Buy a House or Flat

6. Croydons

Croydon is in south London. Croydon is the largest town in the London borough of Croydon and one of the largest in Greater London. It has a population of around 385,000.

The average house price in Croydon (based on the CR0 postcode area) is currently £375,376.

The Croydon CR0 area includes districts such as the town center itself and Addiscombe, Addington, Beddington, Broad Green, Coombe, Forestdale, New Addington, Selhurst, Shirley, Spring Park, Waddon and Woodside.

Croydon has a wide range of local amenities for retail and leisure. It also has some of the best transport links in London.

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

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

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

Real Estate News

Rendina Healthcare Real Estate and Baptist Memorial Health Care Celebrate Grand Opening of First Freestanding Emergency Department in West Tennessee

Published: Feb. 1, 2023 at 2:30 PM EST|Updated: 8 hours ago

JUPITER, Fla., Feb. 1, 2023 /PRNewswire/ — Officials from Rendina Healthcare Real Estate (“Rendina”) and Baptist Memorial Health Care (“Baptist”) assembled earlier this month to celebrate the grand opening of its new Baptist Arlington Emergency Department in Arlington, Tenn. The new 38,000-square-foot Freestanding Emergency Department (“FSED”) and Medical Office Building (“MOB”), located at 5150 Airline Road in Arlingtonincludes primary care offices for Baptist Medical Group, a medical imaging center, and a freestanding emergency department that will be the first of its kind in