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News From British Perspective

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RealEstate - Page 3

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RealEstate

This week’s mortgage rates fell dramatically and reached a new record low

The FINANCIAL — Mortgage rates sharply fell this week reaching a new record low. Following the trend of the 10-year Treasury yield, the 30-year fixed-rate mortgage dropped to average 2.81% this week from 2.87% the prior week. During the pandemic, many Gen

More
by The FINANCIAL
October 16, 2020
1 min read
RealEstate

Office property market to recover from large occupancy loses in 2022

The FINANCIAL — Amid the job losses, business closures, and about 40% to 50% of office workers still working from home, office occupancy suffered its biggest loss yet in the second quarter of 2020, according to NAR’s latest October Commercial Market Insights report. The

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by The FINANCIAL
October 13, 2020
5 mins read
RealEstate

Vacation homes’ popularity up by 50% from last year

The FINANCIAL — Impacts from the coronavirus pandemic have rippled out to traditional vacation destinations, which are seeing increased interest from homebuyers as shifting priorities and preferences transform where and how people want to live. Page views of for-sale listings are up nearly

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by The FINANCIAL
October 13, 2020
7 mins read
RealEstate

The highest number of Latinx households own their homes since Great Recession of 2008

The FINANCIAL — Remarkable growth this half-decade has boosted the share of Latinx households in the U.S. that own their home to its highest since the housing bust. While recent signs are encouraging, a new Zillow® analysis reveals remaining roadblocks on the path to equitable

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by The FINANCIAL
October 12, 2020
4 mins read
RealEstate

House prices continue to grow due to inventory shortage

The FINANCIAL — Home price momentum continued into early October, with annual median list price growth reaching double digits, according to Zillow’s Weekly Market Report. Although the frenetic pace of newly pending sales seems to be subsiding in a delayed seasonal slowdown, a

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by The FINANCIAL
October 12, 2020
4 mins read
RealEstate

Next U.S. president to face mortgage & real estate issues in 2021

The FINANCIAL — The election season is in full swing and the outcome for one side or the other is hardly assured. What’s certain is that big problems will be in place after the Inauguration regardless of who wins. How will the

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by The FINANCIAL
October 9, 2020
8 mins read
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RealEstate

House prices increased by 5% in Europe

The FINANCIAL —  In the second quarter of 2020, marked by COVID-19 containment measures in most Member States, house prices, as measured by the House Price Index, rose by 5.0% in the euro area and by 5.2% in the EU compared with the

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by The FINANCIAL
October 8, 2020
2 mins read
RealEstate

New tax measures before the 2022 elections unlikely

New tax measures in the Duterte administration are not coming before elections. Due to the pandemic, the government had obtained $9.8 billion worth of loans for recovery measures. The Department of Finance has been working on ways to make economic growth. This

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by Natalia Revishvili
October 3, 2020
8 mins read
RealEstate

Impact-focused investments will fuel community gains in Chicago, Cincinnati and Kalamazoo

The FINANCIAL --National Equity Fund, Inc. (NEF) and Fifth Third Bank have closed on $25 million in Opportunity Zone investments to support development of nearly 300 rental homes for low- and moderate-income families, as well as commercial space and jobs to expand

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by The FINANCIAL
September 24, 2020
5 mins read
RealEstate

Impact-focused investments will fuel community gains in Chicago, Cincinnati and Kalamazoo

The FINANCIAL --National Equity Fund, Inc. (NEF) and Fifth Third Bank have closed on $25 million in Opportunity Zone investments to support development of nearly 300 rental homes for low- and moderate-income families, as well as commercial space and jobs to expand

More
by The FINANCIAL
September 24, 2020
5 mins read
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COVID-19 Statistics. Europe

Source: Johns Hopkins University, New York Times, Worldometers

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