The Paradox of Price Per Square Foot Value

Price-per-square-foot is widely used as a basis for estimating value, and it is also one riddled with problems. It can be strongly argued that price per square foot has no value in ascertaining value at all. Many variables inherent in deriving price per square foot are insignificant and that renders conclusions based upon them all but worthless. There are of course exceptions; new tract construction, tract condominiums and on occasion newer commercial properties. This article considers existing homes as it is frequently applied broadly and quite inaccurately.

UK Property and Gentrification in London No Less?

In a spark of good news from the UK market in London, apparently the country’s upper-crust has not been stifled in their property buying habits. Bloomberg-Businessweek just reported even with price hikes because of new taxes, some areas of the city remain hot commodities.

Investing in Property in Place of a Pension

With a significant decrease in defined benefit schemes and more emphasis being placed on defined contributions as pension provisions, the responsibility for investing for the future is increasingly shifting from the employer to the employee. Taking responsibility for how your pension contributions are invested can be daunting and require significant research and investigation.

Commercial Real Estate in Today’s Economy

With today’s upside down real estate market where many homeowners are being forced to foreclose on their homes, questions are being asked if commercial real estate has been affected the same way and if businesses will be forced to close their doors due to poor market conditions.

10 Things Every Garage Should Have

Are you tired of your boring garage? Is your current garage one that you can barely park your car I for the clutter, much less spend any time in? Would you spend more time in your garage if it was more comfortable and attractive?

Edmonton Property Taxes Rise, Assessments Mailed this Week

Today, the city of Edmonton, AB sent out property tax assessments to homeowners. For many in the capital of the western Canadian province, the assessments for 2012 will be surprising. Like many areas of the country and around the world, Edmonton’s property values have declined, but despite this, property taxes will still rise. Those homeowners who were […]

Cities Expect More Budget Cuts as Home Values Continue to Fall

The writing has been on the wall for years, but the moment when cities will have to make serious cuts to deal with falling housing prices may come in 2012. Part of the real estate market collapse that rarely gets attention is the effect it has on property taxes. Cities use those taxes to pay […]

How to Improve the Value of Your House with a Conservatory

People looking to sell their home often look at installing a conservatory as a quick way of increasing the value of their property. It is true that, yes, conservatories can make all the difference when selling a home, however, it is imperative to choose correctly to maximize the potential profit to be made.

NAR Calls for Home Ownership Tax Benefits to Be Preserved

The NAR is warning that any changes to mortgage interest deductions could threaten recent signs of stability within the housing market, eroding prices and values, and hurting economic growth. The Chief Economist of the National Association of Realtors®, Lawrence Yun, spoke at a recent forum entitled ‘Rethinking the Mortgage Interest Deduction,’ which was hosted by […]

Oklahoma Housing Holding Steady

Housing in Oklahoma City remains a solid investment, and prices here are holding steady, especially when compared to much of the rest of the US. A comparison with the first half of 2011 against that of 2010 shows that the average price of a home decreased by less than half a percent, with 7.7% fewer […]

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