Real Estate News

Boomers Have Changed. How Will This Impact Real Estate? — RISMedia

At 70.4 million strong and second only in size to the 73.2 million millennials, baby boomers still yield the greatest influence on real estate of any generation. But, most importantly, the pandemic has forever changed the boomer as a consumer.

What will this mean for real estate? After all, boomers have possessed the most real estate wealth for more than two decades.

The pandemic has required us to rethink boomers. Before the pandemic, 84% of boomers preferred to shop in-store, according to CBRE. However, by the end of 2020, an estimated 62% of boomers were online shoppers, reports eMarketer.

The

Real Estate News

Will 2022 be the year to invest in UK property?

Will 2022 be the year to invest in UK property?

The UK is one of the world’s most popular countries in which to invest in residential property. It’s not surprising.

According to a report by DLA Piper, the law firm, which was published at the end of 2020, the UK continued to be an attractive country when it came to investing in the sector. In its survey of 500 high net worth investors and asset managers, one third said it was planning to invest in UK bricks and mortar, while those whose headquarters are in China and the USA rated

Real Estate News

Looking after our buyers – it’s our USP

Looking after our buyers – it’s our USP

Sue Fraser, our Operations Director, reveals what we at Prosperity do to help you navigate the waters of the property buying process

Whether you are a first-time buyer securing a home to live in or an investor with a portfolio of buy-to-let properties, the property-buying process can be stressful.

We understand that completely, which is why our team of experts is always on hand to guide everyone who is investing their hard-earned money with Prosperity. Our many years of experience means our qualified team are able and willing to make the process as enjoyable an experience as possible.

More importantly,

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