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

Post Author By Evo Plus
Post Date 23/07/2023

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

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Here Are 3 Cities You Should Not Buy Property in If You Want To Be Rich

Post Author By Evo Plus
Post Date 02/07/2023

In real estate, different markets offer different opportunities and risks — there’s no such thing as a good or bad city. Long-neglected and overlooked metros can be hot prospects if they offer the chance to buy at the bottom in a town on the rise.

Take a Look: 15 Cities Where Houses Are the Best Bargains Right Now
Learn: 3 Things You Must Do When Your Savings Reach $50,000

“It is crucial to recognize that investment potential can change over time, and cities may undertake efforts to overcome their challenges and create new opportunities for real

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Real Estate News

Buying Property For Airbnb – How to Get Started

Post Author By Evo Plus
Post Date 19/06/2023

Traditionally, investing in buy to let property has been one of the most stable and assured methods of generating a lucrative, long-term passive income.

As the UK market is historically one of the strongest and most resilient in the world, it’s easy to see why global investors consistently choose thriving cosmopolitan cities like London, Liverpool and Manchester in which to direct their capital.

Norms and traditions, however, are two things that have increasingly taken a back seat in all walks of modern life. So, what of the contemporary world of buying to let property investment?

Well, although many of the

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Real Estate News

A Guide for Landlords and Investors

Post Author By Evo Plus
Post Date 11/06/2023

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

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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

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

Post Author By Evo Plus
Post Date 16/04/2023

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.

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Real Estate News

What Does the Latest UK House Price Index Mean for Investors?

Post Author By Evo Plus
Post Date 07/03/2023

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

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Real Estate News

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

Post Author By Evo Plus
Post Date 27/02/2023

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

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