Real Estate News

LEGAL UPDATE – Public Health Directions extended in Queensland

IN BRIEF By way of update, we attach the Public Health (Further Extension of Declared Public Health Emergency—COVID-19) Regulation (No. 2) 2022.

Summary

On 17 June 2022, Queensland’s declared public health emergency for COVID-19 was extended to 11.59 pm on Thursday 22 September 2022.

Consequently, Public Health Directions (PHD) with an end date of 24 June 2022 have been automatically extended until 11.59 pm on Thursday 22 September 2022. Directions will be progressively updated to reference the new date of 22 September 2022.

What does this mean for you?

If you are an employer or workplace subject to the

Real Estate News

UK Property News Round-Up: What Happened in Spring/Summer 2022? – Property Investment Company: Over 75,000 Happy Investors

Following on from the early signs of slowing growth in May, June saw further evidence that the growth the property market has been experiencing was beginning to slow down. As you can see above, the annual price growth took a sharp decrease from the previous month of 5%.

This began a decline in price growth which would continue into the summer, as the rapid increase in the property market at the beginning of the year calmed down. Although there would still be positive price growth going forward, it would not reach the same highs as March and April.

Although there

Real Estate News

Anywhere Real Estate Inc. (NYSE:HOUS) Short Interest Down 9.6% in June

Anywhere Real Estate Inc. (NYSE:HOUS – Get Free Report) was the recipient of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 5,680,000 shares, a decrease of 9.6% from the June 15th total of 6,280,000 shares. Based on an average daily trading volume, of 1,490,000 shares, the days-to-cover ratio is presently 3.8 days. Currently, 5.3% of the company’s stock is short sold.

Analyst Ratings Changes

HOUS has been the subject of several analyst reports. Barclays lowered their price objective on Anywhere Real Estate from $5.00 to $4.50 in a

Real Estate News

Instability of Banks Boosts Appeal of Property Investing in 2023

If you’ve been paying attention to the news recently, then you may have noticed several banks collapsing in the US in the past couple of weeks, which is beginning to cause alarm.

For those not in the know, on March 10th, the biggest failure of a US bank since the global financial crisis of 2008 happened in real time. Silicon Valley Bank collapsed after a bank run and failed to raise capital, which was the second-largest failure of a financial institution in US history.

Following this, a second bank, Signature Bank, has also shut down, and a third has been

Real Estate News

What Does the Spring 2023 Budget Mean for Property Investment?

Chancellor Hunt also revealed the government would deliver 12 “investment zones” across the UK – with the intention of creating new “potential Canary Wharfs.”

Regions like the West Midlands, Greater Manchester, and Liverpool were highlighted as potential candidates. The Chancellor stated that successful applicants must be able to identify a specific location where a partnership between local government and local universities/research institutes could provide valuable innovation.

Successful candidates will receive £80m in funding each over the next 5 years, further encouraging investment in these critical areas and strengthening their local economies. If all goes well, this could encourage many investors

Real Estate News

Liverpool Has Been Voted One of The UK’s Top Student Cities

Considering Liverpool is one of the biggest cities in the UK, prices for both rent and property are very affordable.

The average house price in Liverpool as of December 2022 was £183,512, over £100k below the national average of £295,000. This means Liverpool is one of the most affordable places to buy property in the country, making it an ideal place for student property where lower costs are key.

This affordability translates to the rental market as well. Home.co.uk reports that Liverpool has a median average rent of £745 per calendar month, again below the national average while still being

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

Real Estate News

Sellers can negotiate real estate commission rates

As Denver’s real estate market evolves and home prices drop, will sellers turn more to negotiating commissions to maximize profits?

Before hiring a real estate agent, getting two or three quotes to find out exactly what services agents offer is critical.

“You get what you pay for,” says Shawn Li with 8z. “With at least two estimates, you can use the proposals as a litmus test to judge your potential agent’s abilities.”

Sellers typically shoulder the cost of commissions for both their agent and the buyer’s agent since those fees come out of the closing price. But because most sellers