Twitter Icon Facebook Icon Google Plus Icon RSS Feed Icon Linkedin Icon
 

Long mortgage terms become more popular

Almost seven out of ten mortgage brokers reported an increase in demand for 35-year mortgages according to the Intermediary Mortgage Lenders Association’s (IMLA’s) latest Intermediary Lending Outlook research. More than three-quarters of brokers ...

Read More

UK Tenants move out of the capital

The latest monthly lettings index from Countrywide has revealed that a record 65,000 tenants left London over the last 12 months. During the past year, 64,672 tenants left London – the highest number since 2007. 78% (50,406) left to rent another ho...

Read More

Which U.S. Metros Have Changed Most Over 10 Years?

Choosing a place to live involves many different factors. From the type of kitchen you want to the school district and the commute to work, there are a lot things to take into consideration. But there are also things that you can’t possibly know, l...

Read More

Mortgage Demand Rises As Rates Stay Flat

Average mortgage rates were a mixed bag last week, according to the Mortgage Bankers Association’s Weekly Applications Survey. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances dropped slightly, while...

Read More

Builders Feel More Confident In New Home Market

As a home buyer or seller, you may not give much thought to how builders feel about the market for newly built homes. But, whether you know it or not, it can make a difference in the price you pay for your house. That’s because, the more new homes ...

Read More

How To Make Buying A House Less Complicated

When asked, Americans overwhelmingly say they value homeownership and believe it increases financial stability. In fact, one recent survey found 93 percent of respondents said they felt that homeownership was an important part of the American dream. ...

Read More

US 30-Year Mortgage Rates Average Rises To 3.85 Percent

Long-term mortgage rates ticked up slightly this week as the average 30-year fixed-rate mortgage rose to 3.85 percent from 3.83 percent a week ago. Mortgage buyer Freddie Mac says the 15-year home loan, often used by homeowners who refinanced their m...

Read More

City Life May Be Healthier Than In The Suburbs

Some people are drawn to urban locations and all of the perks of city life. Others, value the extra space and privacy that the suburbs provide. Whichever side of the debate you’re on, you may not have considered the benefits of one over the other f...

Read More

Growing rental costs affecting 1.9 million households

Analysis by the Institute for Fiscal Studies (IFS) has revealed that households on low incomes are being left particularly exposed to rental increases as housing costs eat up a growing proportion of their money. According to the IFS, the proportion o...

Read More

RICS reveals fall in demand for London Property

The latest report from RICS has revealed that sentiment in the London property market continued to lack momentum last month, as demand from new buyers and sales fall again. According to the September RICS UK Residential Market Survey, the shift in in...

Read More

List Ranks Top Cities For Trick-Or-Treating

If you have kids – or have ever been one yourself – you know that Halloween is an important time of year. The opportunity to amass large quantities of free candy is irresistible to most kids. Combine that with the chance to dress up in costume an...

Read More

How to Boost Your Listing with Professional Photography

Good schools. Low crime. Potential for rising property values. All of these factors matter a lot to homebuyers when shopping around. But almost invariably, their first and foremost question will be the same – what does the house look like? In the a...

Read More

Something in the water in UK spa towns

Royal Leamington Spa has been ranked the happiest place to live in Britain according to a Rightmove survey of more than 17,000 residents across Great Britain. The results saw four spa towns make the top ten list. The Warwickshire town of Royal Leamin...

Read More

Mortgage Rates Rise To Three Month High

Average mortgage rates moved higher last week, according to new data from the Mortgage Bankers Association. Their Weekly Applications Survey found rates up across all loan categories, including 30-year fixed-rate loans with both conforming and jumbo ...

Read More

Potential Home Buyers Feel More Optimistic

Each month, Fannie Mae surveys Americans to get a feel for how people view the housing market, home prices, mortgage rates, and whether or not it’s a good time to buy or sell a home. According to the most recent results of their Home Purchase Senti...

Read More

Vast Majority Of Renters Say They Want To Buy

Recent data from Fannie Mae shows a large majority of current renters intend to one day buy a house. In fact, just 18 percent of surveyed renters said they plan to remain renters forever. So what are some of the obstacles renters face when thinking a...

Read More

Britain’s Best Bang for your Buck Locations

Statistics released by property website Zoopla reveal that the average per sq ft price of a property in Britain is £211, an increase of 26% in the last 5 years. The sq ft price index has been created to give buyers an inside track when it comes to n...

Read More

Index Finds Homes Have Become More Affordable

ATTOM Data Solutions’ Q3 2017 U.S. Home Affordability Index looks at how affordable homes are based on the percentage of average wages needed to make a monthly payment on a median-priced house in 406 counties across the country. According to the re...

Read More

New stamp duty and tax rates for Wales

The Welsh Government has announced changes in the rate of stamp duty – marking the first time in 800 years that the country has had its own set of taxes. The Welsh Finance Secretary, Professor Mark Drakeford, unveiled the new plans as part of the W...

Read More

Britain’s Rich List of Streets

Britain’s most expensive streets have been revealed by real estate portal Zoopla. A total of 14,417 streets now boast an average house price of at least £1 million. The 2017 figure sees an increase of almost 2,000 streets with the million pound pr...

Read More

Mortgage Rates Moved Slightly Higher Last Week

According to the Mortgage Bankers Association’s Weekly Applications Survey, average mortgage rates increased last week across most loan categories, including 30-year fixed-rate loans with conforming loan balances of $424,100 or less. Though the rat...

Read More

Green Home Construction Increasingly Common

Green-home features are becoming more popular among home buyers and it’s led to an increasing number of builders who say they’re incorporating green features into the homes they build. For example, the National Association of Home Builders’ Gre...

Read More

Mortgage rates on the up

No less than ten mortgage lenders have increased their rates over the past seven days. The increased rates have mostly affected those borrowers looking to ‘lock in’ for a set period – usually two, five or ten years. The rise in rates has been b...

Read More

What Americans Say Is The Ideal Down Payment

The results of a new survey show Americans prefer a 10 percent down payment when buying a house. The 2017 Mortgages In America Survey found it was the most popular option among young, middle aged, and older home buyers when asked to choose among down...

Read More

HMRC and investors on the hunt for a bargain profit from stamp duty windfall

According to new figures from HMRC, stamp duty has bolstered the Government’s coffers by £2.14 billion – an increase of 33% since the levy on homes worth more than £925,000 was raised in 2014. Subject to a number of increases in recent years, t...

Read More

How to Know You’ve Found the House of Your Dreams

Buying a new house is a huge step in life, so you must be sure that the house you like is right for you. Once you’ve sealed the deal with the realtor and your instincts tell you that you’ve made the right decision, you will definitely be happy in...

Read More

More Single Women Purchase Homes Than Single Men

How Many Women Own Homes Perhaps you missed it, but Unmarried and Single Americans Week was observed from Sept. 17 to 23. Based on 2016 demographics, there were 110.6 million unmarried people in the country to be celebrated. That’s 45.2 percent of ...

Read More

Inventory Of New Homes Rises In August

The number of new homes available for sale at the end of August was 3.6 percent higher than the previous month, according to new data from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. The improvement brings invento...

Read More

6 Common Misconceptions About Turnkey Properties

For many first-time investors, getting involved in turnkey real estate seems too good to be true. Can you earn a steady income from a property that you put very little time and effort into finding and maintaining? Can you reap the benefits of turnkey...

Read More

Severe Weather Slows Pending Home Sales

When a contract to buy a house is signed, the sale is considered pending until the mortgage process plays out and the deal is closed. Because there are usually a few weeks in between the time an offer is accepted and the sale is finalized, pending sa...

Read More

Remortgaging on the up

Remortgaging was responsible for a record proportion of valuations in August, according to the latest research from Connells Survey & Valuation. “Remortgaging is quickly becoming the dominant activity in the lending market,” commented John B...

Read More

Mortgage Rates Jump But Buyers Stay Active

According to the Mortgage Bankers Association’s Weekly Applications Survey, average mortgage rates increased last week across all loan categories, including 30-year fixed-rate mortgages with both conforming and jumbo balances, loans backed by the F...

Read More

Wanna Add Value to Your Home? Design the Outdoor Space

Even if you don’t think about selling your home right now, you never know what can happen in the future. Obviously, you want a comfortable interior and a pleasant environment for your own peace of mind. However, there’s nothing quite like a well-...

Read More

Economic Optimism Drives Demand For Homes

A new survey from the National Association of Realtors shows Americans are optimistic about their economic situation and increasingly think now is a good time to buy or sell a home. The quarterly survey found a spike in both the number of current ren...

Read More

Loan approvals on the up

According to trade body UK Finance, home purchase loan approvals by the nation’s high street banks is at it’s strongest for 12 months. Agreed loans reached 41,807 in August, which is slightly more than the monthly average from the last six months...

Read More

Mortgage Lenders Say Credit Is Easier To Get

Whether or not you qualify for a loan depends, in some part, to how available mortgage credit is at the time. If lending standards are tight, you may have a harder time obtaining a mortgage than you would during another time when standards are looser...

Read More

What’s An Uneven Market Mean For Buyers?

Since the housing crash and financial crisis, a slow and steady recovery has taken place. Home prices, for example, have been rising now for a few years and, in some markets, have surpassed their previous peaks. But though there has been progress, th...

Read More

Britain’s Best Place to Live and Work Named…And It’s Not Where You Think

Healthy average salaries combined with plentiful job opportunities and affordable housing has seen Slough named as Britain’s Best Place to Live and Work by recruitment website Glassdoor. The Berkshire commuter town has come out on top thanks largel...

Read More

Is there such a thing as a perfect contractor?

The short answer is NO. Are you kidding me? Hell is more likely to freeze over before you’ll find a builder with no “construction” flaws. But, what’s the alternative? Some projects you can handle on your own while others require a pro. On the...

Read More

Buyer Demand High As Summer Winds Down

There is no shortage of Americans who want to buy homes. In fact, buyer demand has been high all year. But despite growing interest in homeownership, home sales have not had a breakthrough year. Why is that? Well, according to Lawrence Yun, the Natio...

Read More

Mortgage Rates Mostly Steady Last Week

According to the Mortgage Bankers Association’s Weekly Applications Survey, average mortgage rates were mostly steady last week, with small increases seen for 30-year fixed-rate mortgages, loans backed by the Federal Housing Administration, and 15-...

Read More

This Hampton-Style Home In Roslyn Country Club Is Synonymous To Affluence

Open your doors to a Hamptons look…. An ageless and classic style that never goes out of fashion. A tour of this incredible $2,798,000-home perfectly located in the heart of Roslyn Country Club brings an on-trend Hamptons feel. Custom tailored ...

Read More

Debt May Be Holding Millennial Buyers Back

A new survey of millennials from the National Association of Realtors and American Student Assistance finds that nearly 80 percent of respondents said they took out a student loan in order to pay for college. Among them, just over half have a balance...

Read More

5 ways to get rid of your house’s most toxic hazards

When you consider the fact that the average house hides up to 1,000 chemicals, it becomes obvious that your home isn’t as safe as you thought. We are often not even aware of all the hidden toxins in our home that may cause serious health problems i...

Read More

New Home Market Strong But Uncertain

The market for newly built single-family homes is an important barometer for the health of the overall housing market. Where new homes are being bought and sold, home prices and inventory levels are usually more balanced and home buyers have more cho...

Read More

How Real Estate Agents Can Capitalize On Big Data For Big Results

Simple ways predictive analytics can boost your bottom line Big data powers predictive analytics. As the field grows, these massive data sets propel some of the biggest companies in new, unexpected ways. Netflix reports it saves $1 billion each year ...

Read More

What’s the best neighborhood for your kids?

As a prospective homeowner, finding the right house at the right price is your number one concern. As a parent, the desire to protect our children is front of mind when it comes to… well, everything. As a prospective homeowner who also happens to b...

Read More

Renting A Home Is Getting More Expensive

Many people assume that renting is always going to be cheaper than buying a house. Mostly, this is because of the upfront costs associated with buying. Having to come up with closing costs and a down payment, in addition to taking on a monthly mortga...

Read More

The Highs and Low of the UK’s Property Landscape Unveiled

The U.K’s most and least expensive streets over the course of the last 12 months have been unveiled by the Land Registry, with a house on Britain’s most expensive street going for £14.5 million – 51 times the national average. Egerton Crescent...

Read More

LI Home Prices Rise As Listings Dwindle, MLS Report Says

Long Island’s dwindling supply of homes for sale drove up housing prices last month. In Suffolk County, the median sales price increased by 6.5 percent compared with the previous August, to $375,000, the Multiple Listing Service of Long Island repo...

Read More

How to Decorate Your Home with Vintage Finds

Have you always dreamed of living in a charming cottage filled with antique items and décor elements, spending your days drinking tea out of vintage cups? If yes, then check out this little guide on how to achieve that nostalgic atmosphere in your h...

Read More

Do Millennials Care About Homeownership?

The American Dream is an abstract concept but always seems to include the idea of owning a home. Buying a home, for generations of Americans, has been seen as an achievement to strive for and be proud of. But do young Americans today feel the same wa...

Read More

Surveyors predict rising rents

The Royal Institute of Chartered Surveyors members are predicting that many landlords will pull out of the UK housing market in the next 12 months due to policy changes. Nearly two-thirds of surveyors interviewed by RICS believed that more landlords ...

Read More

How to earn money in real estate photography

Getting into real estate photography might seem less troublesome than other genres. There are no crying babies you have to settle, no fake wedding smiles to capture or long hours waiting for the perfect sunset. All is still and quiet in a house. Wall...

Read More

Mortgage Rates At Lowest Level In Nearly A Year

According to the Mortgage Bankers Association’s Weekly Applications Survey, average mortgage rates fell last week for 30-year fixed-rate loans with conforming loan balances, loans backed by the Federal Housing Administration, and 15-year fixed-rate...

Read More

Homeowners Often Overestimate Their Home’s Value

American homeowners may be overestimating their home’s worth, according to new data. The research shows appraisals in August were 1.35 percent lower than homeowners expected. There are a couple of reasons this could be happening. First, there has b...

Read More

What’s the Perfect Swimming Pool Layout for your Home?

A pool can be a great addition to your backyard. It helps you stay cool during the summer and gives you an excuse to throw pool parties. It also adds value to the property, which is something to consider even if you don’t plan to move anytime soon....

Read More

Sellers paying less for estate agency services

A recent report has revealed that the average estate agency fee has fallen to 1% excluding VAT. In the 2017 Home Moving Trends Survey, which was carried out for September’s EA Masters event, over 5,800 sellers were asked about fees – and the find...

Read More

Home Buyers Say They Want More Outdoor Space

Because the size of the typical newly built American home continues to grow larger and larger, it’d be a fair assumption that what home buyers want more than anything is square footage. However, a new survey conducted by Wakefield Research found th...

Read More

How Home Buyers Who Aren’t Citizens Can Get a Mortgage

Home buyers don’t have to be citizens or residents to get a mortgage in the U.S. In fact, the credit and financial requirements are essentially the same for any buyer. But there is a difference: Home buyers who don’t live in the U.S. or who aren...

Read More

U.S. Homeowners See Big Returns From Selling

The real estate market is hard to time. That’s why you should buy a house because you want to become a homeowner and stay somewhere for awhile, not because you hope to make money off the eventual sale of your house. However, new data shows that rec...

Read More

Americans See A Good Opportunity To Sell

For many years, when home prices and mortgage rates were both lower than normal, home buyers had a historic opportunity to find a great deal and lock in an excellent rate. These days, though mortgage rates remain historically low, home prices have re...

Read More

Harworth’s growth cements strong property market

Land company Harworth Group has purchased two strategic land sites in the Midlands in a bid to accelerate the expansion of its strategic land bank. Both sites have been purchased using part of the £27.1 million raised from the company’s equity pla...

Read More

What Will The Housing Market Look Like This Fall?

It can be hard to get a grasp on what is happening in the housing market with the constant news updates about home sales, mortgage rates, and prices. Monthly housing reports can be volatile and can give a skewed view of where things are. They can als...

Read More

Redrow’s report defy an uncertain market

Redrow Homes have reported an impressive rise in pre-tax profits. The Welsh housebuilder announced record results for the year to June 2017, including a pre-tax profit increase of 26% to £315m. “Redrow has continued to build much-needed new homes ...

Read More

Contract Signings Hold Steady In July

The number of contracts to buy homes signed during any given month can be used to get an idea of what home sales are going to look like in coming months. That’s why the National Association of Realtors tracks pending home sales. Because pending sal...

Read More

Is Your Home Really A Safe Investment?

Buying a house is widely considered to be one of the best investments you can make. If you own your home, then your housing payments are being put to use to pay off your mortgage and eventually make the house 100% yours. Rent payments are simply gone...

Read More

UK Property prices to rise by 56% over the next decade

The latest research from online estate agent eMoov has revealed that property prices will continue to surge ahead during the next decade. The research suggests that, even if the market continues to grow at a slow rate of 0.37% a month, the average U...

Read More

First Time Home Buyers Are Eager To Buy

New data shows first-time home buyers bought more single-family homes during the second quarter of this year than they have since 1999. That’s significant, since first-time buyers are an important demographic for the overall health of the housing m...

Read More

Mortgage Rates Hold At Low Point For The Year

According to the Mortgage Bankers Association’s Weekly Applications Survey, average mortgage rates were mostly flat last week, with little change seen for 30-year fixed rate mortgages with both conforming and jumbo balances, loans backed by the Fed...

Read More

One Quarter Of Homeowners Are Equity Rich

Equity can be loosely defined as the value of your house minus how much you owe on the mortgage. Which means, as you make your monthly mortgage payments, you’re gaining a larger share of your home’s value. In addition, if your home’s price goes...

Read More

How Much House Can I Afford

Home Loan Guide For First-Time Home Buyers Shopping for your dream home can oftentimes be a pressure-filled task. More so, if you have no idea how much home you can afford. If you are a first-time home buyer, there are a few things on a loan for hom...

Read More

Summer relief for those looking to buy

Figures released by Nationwide reveal that UK house prices (month on month) fell by 0.1 per cent in August, bringing the average cost of a home in the country down to £210,495. The modest fall represents an overall slowdown in annual UK house price ...

Read More

Are More Homes About To Be Listed For Sale?

The number one issue for home buyers and sellers so far this year has been inventory. A lower-than-normal number of homes for sale has pushed prices higher and caused more competition for buyers in many markets. And, though higher prices can be good ...

Read More

New Home Sales Up 9% Over Last Year

Sales of newly built single-family homes are now 9.2 percent above last year’s level, according to new numbers from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This year-over-year improvement is important, espec...

Read More

Save More With These Home Improvement Tips

There are a range of economical home improvements that don’t take much effort but can go a long way. These ideas will add value to your home without breaking your bank account. Organize your task and get bids well in advance. Look up the best de...

Read More

Typical Home Sells In Less Than A Month

In July, 51 percent of homes were on the market less than a month before selling, according to new numbers from the National Association of Realtors. The data provides more evidence that, even as the summer season wears down, there is still a high le...

Read More

Is Tinder the key for generation rent getting on the UK property ladder?

Generation Rent research released today by the Halifax has found that 45% of 18 to 35 year-olds want to buy their first home with their romantic partner. The study also revealed that twice as many men (one in five) than women admitted waiting for the...

Read More

Mortgage Report Highlights Market Disparity

According to the Mortgage Bankers Association’s Weekly Applications Survey, average mortgage rates were mostly flat last week, remaining at their lowest level in months. However, despite favorable rates, demand for loans to buy homes hasn’t moved...

Read More

Majority Of American Homes Are Affordable

New numbers from the National Association of Home Builders show 59.4 percent of all new and existing homes sold between the beginning of April and the end of June were affordable to families making the median income of $68,000. That represents an alm...

Read More

Steps To Guide You To The Home Selling Process

Your goal is to get the best possible price for your home and selling it quickly. Step 1: Create a Marketing Plan Develop awareness of your home in the local marketplace. Post your home online using different relevant sites or directories and ha...

Read More

Millennials Express Home Buying Anxiety

To those who’ve been through it before, the home buying process may seem less complicated and intimidating than it does to someone who hasn’t had the experience. Take millennials, for example. The generation – roughly defined as being between t...

Read More

Central England bucks national housing trend

Research published by Rightmove as part of its House Price Index, reveals that middle England is bucking the national trend of 3.1% annual house price increase and experiencing a mini property boom. Northamptonshire leads the way with an impressive i...

Read More

Cash Sales Are A Sign Of A Competitive Market

Most people don’t buy their house with cash. In fact, historically cash sales account for just 10 percent of all home sales. But, according to Freddie Mac’s most recent monthly outlook, the fact that the number of homes for sale remains lower tha...

Read More

Magic Property Video: Exciting New Feature

This video masterpiece is ready for screening. Audiences have looked forward to us coming. Photographers have asked us when they could put the magic name up in electric lights. “Magic Property Video” is a marvelous translation of real estate glor...

Read More

UK Housing Market Twice as Nice for Baby Boomers

esearch released by Resolution Foundation reveals that one in 10 people in the UK now own a second property. Of which, more than 50% are from the baby boomer generation born between 1946 and 1965. With a further 25% coming from generation X, born bet...

Read More

UK Housing Market Proves Its Resilience in Post-Brexit Surge

Average home now worth £10,000 More than before the referendum What a difference 12 months can make, particularly to the post-brexit U.K housing market. Despite numerous prophecies of doom from the “experts”, including former Chancellor George O...

Read More

Silver Lining for London Commuters

Rail fares in England and Wales will increase by 3.6% in January next year, the biggest annual rise in five years, meaning the Capital’s commuters are facing greater rail expense than ever before. The rise, which is set by the government and linked...

Read More

Nationwide reports a stable UK housing market

New figures release by Nationwide have revealed that the property market is stable at the moment, with a modest growth in July of just 0.3% month-on-month. This little increase results in annual house price growth of 2.9%. “The annual pace of house...

Read More

Number Of $1 Million Neighborhoods Rises

A new analysis shows that the number of zip codes where at least 10 percent of the homes are worth $1 million or more has been rising since 2014. In fact, there are now 1,280 across the country, which is 346 more than there were just three years ago....

Read More

Mortgage Rates Fall To Lowest Level Since November

According to the Mortgage Bankers Association’s Weekly Applications Survey, average mortgage rates fell again last week, dropping to their lowest level since last November. The decline was seen across all loan categories, except 15-year fixed-rate ...

Read More

5 Things You Need to Know When Building a New Home

Finding a home that has enough storage, sleeping and living space for every single member of your family is almost impossible. Yes, there are hundreds of empty houses and flats in your area, but are they going to be good enough? Striving for perfecti...

Read More

Real Estate Prices In Suffolk Can’t Keep Up With Nassau: MLSLI

Home listing prices in Nassau County skyrocketed in July while Suffolk County prices barely budged, according to a new report from the Multiple Listing Service of Long Island. The Long Island-wide data, which includes Queens in MLSLI reports, shows t...

Read More

New Home Market Shows Improvement

The number of new homes that are built and sold has an effect on everyone who buys or sells a house. Mostly, this is true because of prices. Regardless of whether you’re interested in buying a new house, the number of new homes on the market helps ...

Read More

UK Rental growth doubles

According to Countrywide, the UK’s largest estate agency and property services group, the annual rate of rental growth in Britain doubled from 1.1% to 2.2% between June and July. The increase has been caused by a turnaround in the London market, th...

Read More

Which Grocery Store Is Best For Your Home’s Value?

Living near a grocery store is generally considered a plus. After all, you never know when you’ll run out of something. And, if you ever have, you know it’s generally less frustrating to make a last-minute trip to the store when it’s just up th...

Read More

Just Listed: A Stunning Chateauesque Style Home That Is Rich In Detail

One of the most lavished home in Long Island has just been listed for $2,599,000. A Chateauesque-style home that is such a beauty nestled on a 1.5 acres of enchanted woods. All rooms are luxurious and tasteful with each room having its own bath...

Read More

The Real Reason There Are Fewer Homes For Sale

These days, many markets are suffering from a lack of homes for sale. And where there are fewer homes to buy, there are higher prices and more competition among buyers. But what’s behind the shortage? Well, a new survey reveals the real reason home...

Read More

Today’s Home Buyer Is More Market Savvy

One result of the housing crash is that American home buyers are now more savvy about the housing market. In addition to finding a house they love, they are also concerned with market fluctuations and whether or not they are buying at the right time....

Read More

Foreign investors show confidence in UK property

According to a leading estate agent, foreign investors have shown their massive support for Britain’s economy – and its property – by investing a mind blowing £7bn in commercial property. The estate agent revealed that they dealt with a lot of...

Read More