UK house purchases reached near pre-pandemic levels last month

The number of house purchases rose 21% in Britain last month, boosted by pent-up demand and a cut in transaction taxes, taking the total number of sales close to their pre-pandemic level.The figures highlight the uneven nature of Britain’s economic recovery from the COVID pandemic, with reta

6 top tips on how to sell your house fast in winter

Have you been trying to sell your property with no luck? Traditionally, winter can be a difficult time to sell your home. From bad weather discouraging people from going out to view houses, to the gloomy winter atmosphere making prospective homes look less appealing, lots of factors can put potent

Black homebuyers receive higher mortgage rates

Lending disparities are holding Black homebuyers back from homeownership, a new study shows. In 50 U.S. metros, Black homebuyers receive higher interest rates than buyers on average, according to a new study by LendingTree, a Charlotte, N.C.-based online lending marketplace. “Unfortunately

Near-record mortgage rates make it a hotter summer for borrowing

Mortgage applications are up by double-digit percentages compared to this time in 2019 as mortgage rates continue to hover near their recent all-time lows, a lenders trade group reports.Though average rates have jumped to their highest levels in two weeks, they're still attractive enough to draw h

Union Properties plans to list three subsidiaries on Dubai Financial Market

Dubai developer Union Properties is planning to list three of its subsidiary companies on the Dubai Financial Market, as it prepares a plan to wipe out its accumulated losses. The companies that will be listed on the bourse include ServeU, The FitOut and Dubai Autodrome, Union Properties said in

Here's what you can get for $1 million around Jackson, Wyoming

Teton County, Wyoming is said to be home to some of the most beautiful landscapes in the U.S. It’s also reportedly the county with the country's highest average per capita income. The rugged region is home to all of Grand Teton National Park, as well as portions of Yellowstone National Park a

Home prices climb to record in pandemic as buyers seek space

A renter most of his adult life, Clarence Swann became fearful that landlords would use the coronavirus pandemic as an excuse to gouge their tenants. So, with a desire to move near family, the retired veteran bought his first home last month at the age of 74. Swann said he used his veteran status

Lost Seoul: South Korean family dreams hit by soaring house prices

 Even with unemployment spiking as the coronavirus pandemic swept South Korea in February, Baek Seung-min asked his wife to quit her nursing job to help reach a dream they had spent a lifetime chasing: Buying their own apartment. The 35-year-old interior designer said giving up his wife&rsqu

'I hated my flat during lockdown'

When the coronavirus lockdown began, asset manager Joanna Coghlan knew she just had to get out of London and move to the countryside. She had bought a flat in a new development at Battersea Power Station only last year. The complex included restaurants, spas and bars. But when all those closed d

Sell your house for the highest price possible

So you’re getting ready to sell your house. Just thinking about it can be an overwhelming experience. Should you hire a real estate agent? Should you do a FSBO (for sale by owner) to keep from paying that big commission? Should you spend a lot of money to paint and re-carpet — a

How Real Estate in Lebanon Is Helping the Already Crumbling Economy

  Lebanon is facing an economic crisis that is triggering a shift in the country’s spending habits. People are keen on retaining as many assets as they can from their banks by buying out land and property. They want to invest even in things they do not need at the moment to avoid losing

Real estate norms may be tightened further

As Beijing is deeply concerned that a property bubble could be damaging to the real economy and the financial sector, top leaders once again vowed to stick to their tightening stance on the property sector at the Politburo meeting, said Lu Ting, chief China economist at Nomura Securities. Yan Y

Home sales jumped nearly 21% in June

After several months of plummeting sales caused by the coronavirus pandemic, the housing market came back to life in June, according to the National Association of Realtors. Sales of previously owned homes jumped a record 20.7% from May, the largest month-over-month increase since NAR began track

$800 million deal to boost Saudi home ownership

 A multimillion-dollar mortgage financing deal signed on Sunday is expected to fuel the drive toward increased Saudi homeownership, a core pillar of the Vision 2030 strategy. The Saudi Real Estate Refinance Co. (SRC), an arm of the Public Investment Fund, will acquire mortgages worth SR3 billi

UK house prices fall for first time since 2012

 Britain’s house prices fell in annual terms for the first time since 2012 in June as the country reeled from the coronavirus shock to the economy, mortgage lender Nationwide said on Wednesday.Nationwide said its measure of house prices fell by 0.1 percent compared with June of last year.

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