#property-market

#property-market

London now has its own high-end property show 'Buying London' akin to 'Selling Sunset.' [ more ]

A $70 million home on Hibiscus Island in Miami Beach, FL, is this week's most expensive property on Realtor.com®. [ more ]

London's most prestigious streets command multi-million pound prices for glamorous properties. [ more ]

Two waterfront mansions with 24 bedrooms listed for $99.5 million in Water Mill, NY.

Other expensive properties include a California estate, a Puerto Rico penthouse, and a New York townhouse. [ more ]

The penthouse at Somerset House in Chevy Chase, Md., features luxurious amenities and panoramic views.

Despite being extravagant, the unit's asking price has dropped from $10.5 million to $9 million due to market fluctuations. [ more ]

A 3,600-acre ranch in Ojai, CA, is on the market with a 50% price reduction, still making it the most expensive home.

Properties like a Georgian mansion and a chic Beverly Hills home are featured in the list of expensive homes this week. [ more ]

The Netflix series 'Buying London' sheds light on the super-prime property market, exposing the forces shaping the city and those profiting from it. [ more ]

Real estate property in Los Gatos, 16120 Azalea Way, sold for $3,600,000 in April 2024 at $1,695 per square foot. [ more ]

Spacious single-story home in San Jose sold for $1,107 per square foot in 2024. [ more ]

Prospective buyers may consider relocating to more affordable areas in the UK due to high property prices in London and the south-east. [ more ]

Rooftops in London sell for more than a three-bed terraced house in northern England. [ more ]

Kanye West reduced the price of his stripped, windowless Malibu beachfront house by $14 million to $39 million. [ more ]

Median home price in Ireland rose by €20,000 this year, reaching €330,000 in the first quarter due to lower inventory and high demand. [ more ]

The most affordable real estate sale in Danville was a house sold for $1.4 million.

The average price of real estate in Danville, San Ramon, Dublin, Pleasanton last week was $2.3 million. [ more ]

London has one of the most expensive streets in the UK with an average asking price of 9 million pounds. [ more ]

UK house prices increased by 1.7% on average in 2023, beating expectations despite higher taxes and inflation.

Some regions, like South East England, saw significant price falls, while others, like Northern Ireland, experienced price increases. [ more ]

London's housing crisis is exacerbated by over 5000 completely empty buildings in Southwark alone. [ more ]

Focus on addressing housing crisis and getting more homes built in Spring Budget

Speculation around 99% mortgage scheme and potential Stamp Duty changes in the fiscal plan [ more ]

Between 2004-2018, 1 in 5 residential properties in Greater Boston bought by investors or institutional entities.

Real estate investors contribute to housing affordability challenges by competing with regular homebuyers and driving up prices. [ more ]

The Back Bay condo broker had an ironic encounter at the Super Bowl.

Information about Back Bay condos and real estate market is provided. [ more ]

A new 5,000 deposit mortgage has been launched for first-time buyers, allowing potential borrowing up to 99% of property value.

Mortgage applicants must still demonstrate strong creditworthiness and pass affordability assessments despite the low deposit requirement. [ more ]

Developers at the London New Home Show are offering discounts on house deposits to boost the property market.

Incentives such as cashbacks and promotions are being offered to first-time buyers who may find it difficult to get on the London property ladder. [ more ]

Homeowners made average gains in 2023: Detached - 137,000, Bungalow - 102,000, Semi-detached - 81,000, Terraced - 65,000, Flat - 30,000.

Homeowners with bungalows typically left 11 years between moves, compared to 10 years for detached homes, and 9 years for semi-detached, terraced homes, or flats. [ more ]

The local authority areas with the highest concentrations of homes increasing in value by 5% or more in 2023 are Rossendale, Blackburn with Darwen, Telford and Wrekin, Merthyr Tydfil, Burnley, Bolton, Inverclyde, Glasgow City, Carlisle, and Knowsley.

The areas with the highest concentration of homes with value loss of 5% or more are Dover, Hastings, Aberdeen City, Canterbury, Thanet, Rother, Folkestone & Hythe, Tendring, Moray, and South Holland. [ more ]