Real Estate News

New Statistics Show High Rental Demand for 2023

The number of people currently inquiring about homes to rent has increased by roughly 23% since last year, while a recent Zoopla report highlights that rental inquiries per estate agency branch are 46% above the 5-year average.

On the other hand, the current stock of homes for rent is 38% below the average of the past five years and 4% below what it was in November 2021, highlighting the supply gap that the UK currently faces.

In many cases, this has resulted in lets being agreed upon before viewings have even taken place and instances in which potential tenants are

Real Estate News

How Much Rent Should I Charge in Birmingham?

How Much Rent Should I Charge in Birmingham?

There’s no golden rule when it comes to rental prices in Birmingham. Whether you want to invest in a family home in the Birmingham suburbs or multiple student accommodation apartments in the heart of the city, you first need someone to rent them to. That means charging a fair price whilst still seeing a return on your investment. It can be difficult to know where to start. You don’t want to charge too much or too little, but how do you find the rental sweet spot?

There are obvious factors such as the rental property’s location, size, condition, and the

Real Estate News

Vanguard Real Estate ETF (NYSEARCA:VNQ) Hits New 1-Year Low at $78.09

Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ – Get Rating) reached a new 52-week low during trading on Friday . The company traded as low as $78.09 and last traded at $78.49, with a volume of 54268 shares. The stock had previously closed at $79.35.

Vanguard Real Estate ETF Stock Down 2.4%

The business’s fifty day moving average price is $92.24 and its 200 day moving average price is $96.51.

Institutional Trading of Vanguard Real Estate ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VNQ. Vectors Research Management LLC grew

Real Estate News

How Inflation is affecting Birmingham’s homegrown developers

Inflation is impacting everyone in so many areas. Just take a trip to your local petrol station to see the immediate effect inflation is having. There’s no way of tip-toeing around it. Building costs are rising too. And it’s affecting Birmingham’s homegrown developers, including us.

As a Birmingham-based developer, we understand that these changes are affecting our local community and we want to understand more about why the costs are rising and what rising costs look like for our business and clients. We must do our best to adapt to the high cost of living and be prepared for change.