Falling property values in the UK has led to increased interest from investors looking to add to their portfolios. A survey by Lloyds, who are one of the largest lenders to the property sector, found nearly a third intended to spend more money on shopping centers, apartments, and offices. [...more]
Today's housing market is evolving, and many of the changes we are seeing now are unlikely to go away any time soon. Today, we examine five rising trends that are set to become the new "normal" in the majority of US housing markets in the months and years to come. [...more]
Competition among buyers is hotting up, with a growing number of homeowners reporting bidding wars taking place across the country, a phenomenon that had all but disappeared during the worst days of the crash. [...more]
The controversy over the size of Mitt Romney’s proposed extension to his summer home is still rumbling on. Regular readers may remember an article a week or so back commenting on this subject, but now Movoto has released a new tool allowing you to Romneysize your home. [...more]
What can we expect from the housing markets as this year’s selling season kicks off? With housing markets across the nation showing signs of improvement, we’re faced with quite a different picture to what we’ve become accustomed to. What follows are a few unfamiliar trends that we’ve seen emerge over the spring. [...more]
Since 2006, housing prices have fallen 30 to 40 percent in most areas; millions now owe more on their mortgages than their houses are worth, and millions more have only slivers of equity. The average homeowner today has 7 percent equity in his or her home, versus 45 percent as recently as 1990. [...more]
Latest statistics released by the MLS® Home Price Index, the chief sales index in Canada, showed prices rose in March, year on year, but gains have been slowing. The sales increase seen in March was the slowest since June 2011, rising by just 5.1% compared to March of the previous year. [...more]
Realty Trac released their latest report on foreclosure activity. They use the term "mixed" to describe the results. While that is generally true, the real story is found in the states where the cities in the report are located. Those cities showing increases in foreclosure activity are located in "Judicial Foreclosure" states [...more]
A tree house in Canada recently hit the headlines, as its builder finally decided to share its existence with a well-known design magazine. Whether or not this was a good idea is somewhat debatable. [...more]
Banks can rent out foreclosed homes as part of an orderly strategy to unload properties, provided the properties are safe and rented under local rules and regulations as well as federal fair housing law. Good luck with that. Renters? Cover your assets. [...more]