Posts

Tips For Real Estate Buyers Into 2022

Image
  If you're hoping to buy a new home in the year 2022, here are some tips that will help you make the right move. Although the market will remain a seller's market, there will be more time to make a decision compared to 2021, which means that you'll have to act quickly. Having a clear idea of how much you can afford to spend on a new home is vital, since buying a new home is a lifestyle choice.                                                                                                                                              One of the first things you should do is determine the best timing to buy. If you plan to buy or sell a home in 2022, you might want to wait until the first quarter, which is typically the most competitive time. However, if you're planning to sell your home, you should be aware that the market is subject to change. Your real estate agent can give you the latest information about your community's housing market conditions, as well as what

HOUSING PRICES IN THE UNITED KINGDOM ARE INCREASING AT THE Rapid Speed IN 15 YEARS.

Image
UK house prices recorded their strongest three-month growth in 15 years in November, driven by demand for a limited supply of housing, low mortgage rates, and a strong labor market. According to Halifax, the average UK property price touched a new high of £ 273,000 last month. Home values increased by 1% in October, compared to the same period last year, when they increased by 8.2 percent. "A shortage of available properties, a healthy job market, and tough competition among mortgage providers continue to sustain market performance, maintaining rates around historic lows," said Russell Galley, Managing Director of Halifax. House prices climbed 3.4 percent over the previous quarter in the three months to November, the quickest rate since 2006. Despite prolonged weakness in the London property market, average house prices have risen sharply across the country, as residents of the capital sought to transfer to larger and less crowded areas, owing in part to the shift to working

The Narrowest House In London For Sale For More Than a Million dollars

Image
  The narrowest house in London, with a width of 1.7 meters, is up for sale for more than a million dollars and is located between a hair salon and a doctor's office. This intriguing five-story building in the Shepherd's Bush neighborhood was originally a Victorian hat shop with warehouses and lodgings on the upper floors. In a nod to its past, the house retains a small window adorned with a bowler hat lamp. This wondrous, blue-fronted, and barely noticeable property is valued at 950,000 pounds ($1.3 million). For David Myers, director of sales at the agency responsible for selling this building, this price is explained by the fact that the house, built at the end of the 19th or early 20th century, is a unique part of London's history. "It's part of the magic of London," he told AFP. The dimensions of the rooms vary greatly from corner to corner, and if the kitchen in the basement is narrower, it leads to a dining area twice the size of the kitchen. A 2.5-mete

Real Estate Has Never Been So Expensive in the UK

Image
 Despite the Covid-19, property prices have reached a new record across the Channel. But they progress less quickly. Residential property prices, far from slowing down with the novel coronavirus pandemic, reached new highs late in the year in the UK. The average price of a home reached 253,374 pounds (281,000 euros) in December, according to an index of the Halifax real estate group, an increase of 6% over one year. By comparison, in France, it stands at 248,437 euros, according to the Century 21 real estate network. "This is a notably high performance in view of the fears initially linked to the pandemic," notes Halifax. Over one month, the increase in real estate prices slowed significantly at the end of 2020 compared to November, when it reached 1%, according to the same study. The past year first saw real estate prices fall in the wake of the pandemic and containment, then rebound sharply when real estate agencies were able to reopen after the start of the lifting of the

Real Estate Will Always Be A Good Investment

Image
  Of all the means to create wealth and secure your financial future, real estate remains undoubtedly, in the opinion of all experts, one of the best means. Housing is an essential human need. As a result, the real estate market will always be in demand. Whether it's investing in a condo, single-family home, apartment building, or a flip, the long-term return is often greater than most other investments. Of course, you have to invest smartly. When buying a property, you have to make sure that it is in good condition and well located. You also need to be able to finance your purchase without putting yourself in a precarious financial situation. One of the great benefits of investing in real estate is the leverage effect. You can indeed acquire a property with a relatively low down payment. Once you become an owner, we can take advantage of this asset to acquire others with little or no cash at all. There are many examples of great fortunes that have been built up from vast real esta