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Category : Real Estate

Mortgage applications drop 3.3% on fewer refinances
Real Estate

Mortgage applications drop 3.3% on fewer refinances

Saheli 27 Mar 2016 246 Views

Higher interest rates pushed mortgage refinancing activity down further last week, and home buying isn’t picking up the slack. Total mortgage application volume fell 3.3 percent on a seasonally adjusted basis for the week from the previous week, according to the Mortgage Bankers Association. It is nearly 21 percent higher ... Read More »

Iranians to splash up to $8B on overseas property: Study
Real Estate

Iranians to splash up to $8B on overseas property: Study

Saheli 27 Mar 2016 279 Views

Wealthy Iranians, companies and state-backed buyers will spend up to £6 billion ($8.5 billion) on overseas real estate over the next five-to-10 years following the lifting of international sanctions, a report said on Wednesday. High-net-worth Iranians are likely to look to buy properties in London, Dubai, Switzerland, Germany or the ... Read More »

The best month — and day — to list your home
Real Estate

The best month — and day — to list your home

Saheli 27 Mar 2016 298 Views

Spring has officially sprung, but the spring housing market started about a month ago, according to most real estate agents. With the supply of homes for sale not even close to demand, competition has been fierce, and that is changing the rules of the real estate road. Yes, it’s a ... Read More »

Why you should have bought a home last year

Saheli 27 Mar 2016 297 Views

Anyone shopping for a home today has probably had at least one encounter with sticker shock. No matter the neighborhood, home prices are generally rising, and bidding wars are often the rule rather than the exception. That means fewer neighborhoods are now considered affordable — a lot fewer. Nine percent ... Read More »

Swiss housing market continues to slow

Saheli 19 Mar 2016 273 Views

Switzerland´s housing cycle appears to be peaking. Switzerland’s economic growth is weak, and the government is trying to cool the overheated property market – with success: Owner-occupied apartment prices were up by only 1.63% (2.98% inflation-adjusted) in 2015, far from the average growth of 5.4% from 2009 to 2012, according ... Read More »

The Jungle is being razed – where next for its residents?
Real Estate

The Jungle is being razed – where next for its residents?

Saheli 15 Mar 2016 312 Views

Marcus [Valance], Property Week’s photographer for our trip, climbs out of the car, pops the boot and begins assembling his equipment. My mobile trills. It’s Liz [Hamson], my editor, and she gets straight to the point: “There’s breaking news – I think you need to hear this.” After a couple ... Read More »

Almost half of home owners in London putting selling plans on hold due to EU vote
Real Estate

Almost half of home owners in London putting selling plans on hold due to EU vote

Saheli 14 Mar 2016 238 Views

Almost half of home owners in London intend to put any plans they have to buy or sell on hold under after the referendum in June on the future of the UK in the European Union. A survey has found that 47% will not get involved until after the vote ... Read More »

New chair of Council of Mortgage Lenders in Scotland gives first public speech

Saheli 14 Mar 2016 243 Views

Carol Anderson, Scotland branch and business banking distribution director at TSB Bank, has been appointed new chair of the Council of Mortgage Lenders in Scotland. She succeeds Linda Docherty, of Clydesdale Bank. Carol’s appointment coincides with CML Scotland’s annual lunch in Edinburgh where 200 members of the Scottish mortgage market ... Read More »

Research suggests many UK buy to let landlords plan to sell up
Real Estate

Research suggests many UK buy to let landlords plan to sell up

Saheli 14 Mar 2016 238 Views

The proportion of landlords in central London who intend to sell property has quadrupled since last year’s Budget, according to new research. Just 4% of landlords in central London had plans to sell property when surveyed before last year’s Budget but new figures from the National Landlords Association (NLA) show ... Read More »

Trump Mortgage…in 2 minutes
Real Estate

Trump Mortgage…in 2 minutes

Saheli 14 Mar 2016 316 Views

Now, Trump, who frequently touts his business acumen on the campaign trail, is catching some flak for the failed venture. Here’s what you need to know: 1. The timing was poor. Though the bursting of the housing bubble wasn’t completely apparent yet, home prices were starting to fall in early ... Read More »

Tommy Hilfiger is getting into the hotel business

Saheli 14 Mar 2016 263 Views

The American clothing mogul purchased the Raleigh Hotel in Miami’s South Beach for $70 million in 2014, with plans to convert it into a membership-based luxury boutique hotel, offering exclusive benefits to those who pay a yearly fee. “It’s a dream come true for me,” said Hilfiger. “I thought for ... Read More »

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