Thu, Oct 2, 2014
A A A
Welcome hendrik.absolut
RSS
Real Estate Briefing 25.Feb 2013

Posted on 25 February 2013 by Laxman |  Email |Print

The house party may just be getting started. The recovery in housing that began taking hold last year caught most economists by surprise. Even though the overall economy made only middling progress, even though there was still a mess of homeowners underwater on their mortgages and even though banks remained reticent about lending to would-bebuyers, sales and prices picked up.
The welter of housing reports slated forthis week—January new-home sales and December home-price indexes are due on Tuesday, January pending home sales come Wednesday, and January construction spending is out Friday—should reflect further improvement in the sector………………………………………..Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

Posted on 25 February 2013 by Laxman |  Email |Print

There’s a lot of chatter about the real estate market. A lot of people are saying the housing recovery is moving full steam ahead. Then there are others who warn we’re getting into another housing bubble, which could end disastrously once again. Still others say — no, wait! — a housing slowdown is imminent.
A lot remains to be seen, but some common talking points have emerged — and they aren’t necessarily true. Here are four myths about the real estate market that a lot of people buy into:……………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

Posted on 25 February 2013 by Laxman |  Email |Print

It might finally be time to come out of the basement. Seven years after the housing market began to collapse, rising prices and thinner inventories are presenting new opportunities for home sellers. Some hot markets are even seeing multiple offers for the same property—a phenomenon rarely seen since the boom years—as buyers become more confident and seek to take advantage of today’s near-record-low mortgage rates.
Home prices nationally climbed 8.3% in December from the same period a year earlier, according to CoreLogic, a real-estate analytics company………………………………………..Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

Posted on 25 February 2013 by Laxman |  Email |Print

Federal Reserve Chairman Ben S. Bernanke has something to tout before Congress in hearings this week: job growth in the auto and housing industries.
Consumers rely on loans to buy cars and homes, so these segments of the economy are among the most responsive to Bernanke’s strategy of holding interest rates low and pressing on with bond purchases of $85 billion a month………………………………………..Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

Posted on 25 February 2013 by Laxman |  Email |Print

From the start of 2013 there have been some positive signs of recovery in residential property market in various parts of the country and particularly in the capital city where the central London areas remain in great demand.
Analysts report that last month was the best January for the past two years and according to a survey compiled by property analysts, Hometrack, 79 per cent of estate agents are more upbeat about the market than they were last year………………………………………..Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

Posted on 25 February 2013 by Laxman |  Email |Print

As Britain’s housebuilders prepare for their latest round of results, the City expects them once again to report a fresh rise in profits. And yet ahead of this week’s updates, there is change in the air. For the first time in a long time, the sector’s recovery may at last be being mirrored by the wider market. Whisper it, but the talk is that we could be seeing the start of a housing market resurgence.
As in previous months, the companies’ results will continue to spell out the sector’s upbeat story of repaired profit margins, as the companies build on land they bought more cheaply after the housing crash, move away from city-centre flats to family homes, and continue to increase their sales from a very depressed base………………………………………..Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

Posted on 25 February 2013 by Laxman |  Email |Print

UK Farm land values reached new record levels ending the year at an average of £21,053 per hectare and £8,520 per acre, according to the latest figures to be published. Agricultural land value growth over the long term exceeded residential house prices, FTSE 100 and 10 year gilt yield, says the snapshot report from Chesterton Humberts.
The firm says that sustained buyer demand and limited availability is driving price growth and farm land values are set to rise by 6% per annum over the next five years………………………………………..Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

Posted on 25 February 2013 by Laxman |  Email |Print

Saudi Arabia issued final regulations on real estate financing, leasing and supervision of financial firms as the kingdom works to ease a housing shortage by opening up its mortgage market and enacting the country’s first home-loans law. The regulations outlining three of the five laws that make up the package of changes were posted Sunday on the website of the Saudi Arabian Monetary Agency.
Rules on the enforcement of foreclosures and mortgage registrations have yet to be completed………………………………………..Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

Posted on 25 February 2013 by Laxman |  Email |Print

There is no doubt that Saudi Arabia’s real estate sector is poised to witness a boom in offering tremendous growth opportunities this year. This is due to the much-anticipated approval of the mortgage law, implementation of affordable housing projects and growth of the hotel and hospitality sector, as the industry further taps into religious tourism, which is expected to contribute to sector growth of more than 20 percent in 2013 alone.
It is for this reason that this year’s Cityscape Jeddah assumes importance……………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

Posted on 25 February 2013 by Laxman |  Email |Print

Cash accounts for 70-80 percent of property transactions in Dubai, according to the industry. That equates to $30-33 billion in real money splashed across the emirate last year.
Sam Wani, general manager of mortgage adviser Independent Finance, says the level of cash payments in Dubai real estate is extraordinary compared to the rest of the world………………………………………..Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

Posted on 25 February 2013 by Laxman |  Email |Print

Even as Kolkata might remain bereft of mega housing projects due to paucity of land, small parcels of development is likely to keep the real estate sector moving in the city.
Kolkata and its fringes are likely to see a multitude of small housing projects in areas like Rajarhat, E M Bypass, Diamond Harbor, Garia and Kona Expressway over the next twelve to eighteen months, according to developers………………………………………..Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

Posted on 25 February 2013 by Laxman |  Email |Print

Property prices ticked up last month in many Chinese cities, raising the chances of further government action to cool the housing market. Prices jumped in 54 of the 70 cities tracked by the government in January, according to data released Friday by the National Bureau of Statistics.
The average price change was an increase of 0.6%, the first year-on-year acceleration in 11 months. Compared to the previous month, prices rose 0.5%, which is the fastest rate of growth since January 2011, according to economists at Nomura………………………………………..Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

Posted on 25 February 2013 by Laxman |  Email |Print

Hong Kong is raising stamp duties and trying to restrict home loans, officials said Friday, to cool down a real estate market that has some of the most expensive apartments in the world.
Financial Secretary John Tsang said “exuberance has regained momentum” in the Hong Kong market, and for this reason stamp duties for apartments would be increased across the board for most buyers………………………………………..Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

See more articles in the archive

banner
October 2014
M T W T F S S
« May    
 12345
6789101112
13141516171819
20212223242526
2728293031