Category Archives: World

What Will Lower Housing Prices?

In late 2017, Congress and the President wanted to make the $1.5 trillion plus cuts in corporate and other taxes not look so big. So they raised taxes for some people by drastically limiting the deductions for state and local property and income taxes (SALT),

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A new U.S. city tops the list as hottest housing market

Las Vegas is the hottest housing market in the country. The monthly Case-Shiller home price index released on Tuesday showed Las Vegas overtook Seattle to become the hottest housing market in the nation. Las Vegas had a 13 percent increase in single-family home prices in

Record London Rents Lure Overseas Landlords to Housing Market

The U.K.’s struggle to secure a favorable Brexit deal may be giving Prime Minister Theresa May a headache, but it’s making London’s battered buy-to-let market attractive overseas again. Foreign-based landlords owned 12 percent of the homes rented out in the capital at the end of

Housing Market

The U.S. housing market is a major indicator of the strength of the economy. When the economy is strong and people are confident about the future, they are more inclined to buy houses, upgrade their current homes or buy larger houses. Click here to download

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Big City Housing Doesn’t Have to Be So Expensive

Bringing down prices requires a combination of affordable homes and upzoning. The one-story house for sale on Oak Court in Menlo Park, Calif., is 88 years old and 830 square feet, with two bedrooms, one bathroom, a detached one-car garage, and no air conditioning. Almost

Mortgage monitor survey detects fall in lending

Fewer mortgages in the United Kingdom are going to first time buyers but overall home purchase lending is continuing to grow, the latest mortgage monitor report shows. According to Propertywire.com, mortgage approvals increased by 1.5 per cent in July compared to June and were much

Affordable housing: private initiative to the rescue

With growing population, a lingering housing deficit and government’s continued inability to provide affordable housing in practical sense, a multinational has seized the initiative to provide technical support, materials, and connect  mortgage providers with prospective house owners, among  others. MUYIWA LUCAS reports that the initiative

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