Analysis Topic: Housing Market Price trends
The analysis published under this topic are as follows.
Thursday, December 10, 2015
U.K. Buy-To-Let King Liquidates Entire £250 million Property Portfolio - Video / Housing-Market / Buy to Let
By: Mario_Innecco
Excerpt: Just a little video here about the UK housing market
really an interesting article in The Daily Telegraph that the title is
Fergie's Wilson Britain's most iconic buy to let investor sells up all nine
hundred houses for 250 million pounds for people around the world by two lakh
basically is one you you buy a house just to rented to someone else as an
investment in its quiet quite popular in the in the UK the last ten fifteen years
the rules and regulations have been quite favorable for buy to let investors
Wednesday, December 09, 2015
BSA Property Tracker Reports that Barriers to UK Home Ownership are Shrinking / Housing-Market / UK Housing
By: MoneyFacts
Charlotte Nelson, Finance Expert at Moneyfacts.co.uk, comments:
“The finding that major barriers to home ownership have fallen to a six-year low is great news for first-time buyers and instils greater confidence in the housing market.
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Tuesday, December 08, 2015
UK Climate Change Floods House Prices Crash Could Hit 20% of Properties / Housing-Market / UK Housing
By: Nadeem_Walayat
What were supposed to be once in century floods are now occurring every 5 years or so as the North of England has been witnessing this past week, as the consequences of climate change is starting to make it's real extreme weather effects become manifest with costly consequences for home owners and not just in terms of costly repairs and replacements but the negative hit on house prices right across the UK as the escalating future consequences of climate change will increasingly be factored into home buying decisions.
Tuesday, December 08, 2015
Sitting Uncomfortably on Your SVR Mortgate Interest Rate? / Housing-Market / Mortgages
By: MoneyFacts
Back in 2013 the Funding for Lending Scheme had a major impact on the mortgage market, leading to the introduction of what were at the time the lowest rates we had ever seen, particularly for two-year fixed deals. However, consumers who snapped up these deals are now coming to the end of their fixed terms, which means that many will soon start paying their providers’ revert rate. But data from Moneyfacts.co.uk shows that by sitting on the revert rate, borrowers could potentially see their repayment costs shoot up by almost £3,500 a year.
Tuesday, December 08, 2015
The U.S. Housing Market Needs to Watch Out For China! / Housing-Market / US Housing
By: Harry_Dent
The New York Times ran an article on Sunday talking about how the Chinese invasion of U.S. real estate is only expanding.They aren’t just buying condos in Manhattan or McMansions in Silicon Valley – they’re buying properties in new developments in places like Plano, TX, just north of Dallas.
In the market for homes over $1 million, the Chinese make up one out of every 14 buyers – which is huge. In the top tier markets in San Francisco, Orange County or Manhattan, they can be 50% or more!
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Saturday, November 28, 2015
Sheffield Houses Prices 2015, Best Estate Agents As Rated by Buyers and Sellers / Housing-Market / Sheffield
By: N_Walayat
Sheffield is Britain's fifth largest city with an estimated current population of 575,000 that occupy's the south west quadrant of the county of South Yorkshire, part of the Yorkshire and Humber region. Sheffield given its central UK position, prominent rail and motorway links is a favourable destination for national and international migrants from nearby towns and further afield given its relatively affordable house prices, especially when compared against the South East. Sheffield has a very active housing market with over 2,500 properties on the market at any one time and with nearby Rotherham another 1,000 that generates more than £2 million in commissions annually shared out between more than 20 local estate agents.
Thursday, November 26, 2015
George Osborne's War on Buy to Let Sector Trending Towards Doomsday / Housing-Market / Buy to Let
By: Nadeem_Walayat
The clocks counting down to doomsday for Britain's buy to let sector as the latest announcement in a long list of measures such as the scrapping of mortgage interest tax relief are all aimed at whittling away the profits of buy to let landlords, and now a stamp duty tax hike is set to come in force from April 2016. That of an EXTRA 3% stamp duty tax charged on all additional owned properties i.e. all second homes that will hit buy to let sector investors when buying properties, a tax hike to raise an estimated £1 billion extra per year.
Wednesday, November 25, 2015
George Osborne's 2015 Autumn Review will Exacerbate UK Housing Crisis - Video / Housing-Market / UK Housing
By: Mario_Innecco
Today I'm gonna be talking about the autumn spending review which is like a budgets temporary budget by the UK government. Chancellor Osborne will be making a statement today 12:30 London time the main focus be according to Bloomberg News at this stage you will be the housing market. George Osborne will say that there's a crisis housing prices in the UK in and there's a shortage of homes that he will be focusing on, he's expected to spend billion pounds extra into the into the help build new homes schemes because the reasoning behind his actions is that there's not enough and that's what we hear from from almost everyone in the mainstream media.
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Wednesday, November 25, 2015
Sheffield, Yorkshire and Humberside House Prices Forecast 2016-2018 / Housing-Market / Sheffield
By: Nadeem_Walayat
Sheffield is Britain's fifth largest city with an estimated current population of 575,000 that occupy's the south west quadrant of the county of South Yorkshire, part of the Yorkshire and Humber region. Sheffield given its central UK position, prominent rail and motorway links is a favourable destination for national and international migrants from nearby towns and further afield given its relatively affordable house prices, especially when compared against the South East.
Monday, November 23, 2015
UK Regional House Prices Analysis - Video / Housing-Market / UK Housing
By: Nadeem_Walayat
Average UK house prices have now risen by 30% from the 2009 bear market low to currently stand at an average price of £204,119 (Halifax NSA Oct 2015), and are currently galloping along at an annual inflation rate of 10%. However, the UK average price masks huge regional variations in trend and momentum most notable of which is that London has literally soared into the stratosphere, up over 70% on it's bear market low and by virtue of which has significantly lifted average UK house prices higher.
Monday, November 23, 2015
UK Regional House Prices, Cheapest and Most Expensive Property Markets / Housing-Market / UK Housing
By: Nadeem_Walayat
Average UK house prices have now risen by 30% from the 2009 bear market low to currently stand at an average price of £204,119 (Halifax NSA Oct 2015), and are currently galloping along at an annual inflation rate of 10%. However, the UK average price masks huge regional variations in trend and momentum most notable of which is that London has literally soared into the stratosphere, up over 70% on it's bear market low and by virtue of which has pulled the average UK house price indices higher as illustrated by the below graph.
Saturday, November 21, 2015
UK Housing Market House Prices Affordability Crisis - Video / Housing-Market / UK Housing
By: Nadeem_Walayat
The UK housing market has been in a perpetual state of crisis for at least a decade in terms of the lack of affordable housing that just tends to get worse with each passing year. Therefore most housing market commentators tend to focus on the various measures of housing market affordability or rather unaffordability as house prices despite the price crash of 2008-2009 never fell to anywhere near the affordability levels of the early 1990's housing bear market lows and therefore ivory tower academics have continued to cling onto expectations that a further house prices crash is inevitable so as the fit in with their theoretical models of where house prices should fall to in terms of affordability that gets liberally regurgitated in the mainstream press, see this new video to find out what this means for future UK house prices.
Saturday, November 21, 2015
UK Housing Market Affordability, House Prices Momentum and Trend Forecast / Housing-Market / UK Housing
By: Nadeem_Walayat
Most academic housing market commentators focus on the various measures of housing market affordability or rather unaffordability as house prices despite the price crash of 2008-2009 never fell to anywhere near the affordability levels of the early 1990's housing bear market lows and therefore ivory tower academics have continued to cling onto expectations that a further house prices crash is inevitable so as the fit in with their theoretical models of where house prices should fall to in terms of affordability that gets liberally regurgitated in the mainstream press, and looking at the graph below it really is very easy to be seduced by something that on first glance appears obvious that house prices really did have a long way to fall to reach the affordability levels of the past.
Tuesday, November 10, 2015
The 10-year Fixed Rate Mortgage Gamble / Housing-Market / Mortgages
By: MoneyFacts
With uncertain times ahead with regards to base rate, many borrowers are looking for long-term mortgage repayment security to shield them from future, unpredictable rate rises.
Ten-year fixed rate mortgages do just that, and data from Moneyfacts.co.uk shows that the number of deals available has almost doubled in just one year to meet growing demand. And in even better news, the interest rates being offered have also fallen.
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Tuesday, November 03, 2015
Steady Rise in UK Mortgage Freebies / Housing-Market / Mortgages
By: MoneyFacts
Falls in mortgage rates over the past couple of years have left providers with little room to manoeuvre when it comes to competing on price. As a result, providers have come up with more innovative ways to attract customers.
One of the most popular methods appears to be adding an incentive package to a mortgage deal. Data from Moneyfacts.co.uk shows that the number of mortgage products offering a range of freebies has increased by over third in five years, illustrated by the table below.
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Thursday, October 29, 2015
London Property Bubble Set To Burst – UBS and Deutsche Warn / Housing-Market / UK Housing
By: GoldCore
The London property market is being increasingly recognised as a bubble and now even leading international banks are warning that the bubble may be set to burst.
Today, UBS has warned that London’s property market is “frothing” and last week Deutsche Bank were the property party pooper “calling time” on the London property “party.”
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Tuesday, October 27, 2015
The Frightening True Cost of Low Mortgages Interest Rates / Housing-Market / Mortgages
By: MoneyFacts
Borrowers are often bombarded by an array of choice when looking for a mortgage, so it’s unsurprising that many may mistakenly think that opting for the lowest rate will save them money.
However, this is simply not the case; in fact, Moneyfacts.co.uk can reveal that borrowers would actually be better off choosing a deal with no arrangement fee over a lower rate alternative.
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Monday, October 26, 2015
Buy-to-Let Property Boom Over Despite UK House Prices Grinding Higher / Housing-Market / Buy to Let
By: Nadeem_Walayat
Britain's 2 million strong army of buy-to-let private landlords with well over 5 million properties in their portfolios face a perfect storm of new regulations, tax hikes and benefits cuts that looks set to turn their and their tenants finances upside down, converting profits into losses, this despite UK house prices expected to continue to grind ever higher and thus increasing portfolio valuations.
The fantasy sales pitch of seminars of buying properties to rent out at huge potential returns had convinced many thousands of investors over the past decade to become buy-to-let landlords, especially given the abysmal rates of bank interest of the past 6 years. However, reality has never matched expectations for many buy to let investors who soon realise that buy to let is actually a second job rather than an invest and forget exercise, as they tended to face a string of problems at the top of the list are problem tenants, a situation greatly worsened by mass migration from eastern europe and the myriad of scams they tended to pull on unsuspecting landlords, leaving behind wrecked properties that will cost far more to rectify than any rental income gleaned from such properties.
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Saturday, October 10, 2015
A Bifurcated U.S. Housing Market, How Much Longer Can Unaffordable Housing Prices Last? / Housing-Market / US Housing
By: Adam_Taggart
Charles Hugh Smith writes: Markets discover price via supply and demand: Big demand + limited supply = rising prices. Abundant supply + sagging demand = declining prices.
Eventually, prices rise to a level that is unaffordable to the majority of potential buyers, with demand coming only from the wealthy. That’s the story of housing in New York City, the San Francisco Bay Area and other desirable locales that are currently magnets for global capital.
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Wednesday, September 30, 2015
Help to Buy keeps the UK Housing Mortgage Market Alive Two Years On / Housing-Market / UK Housing
By: MoneyFacts
The Help to Buy Mortgage Guarantee Scheme will soon be celebrating its second birthday. Phase two aimed to help borrowers who have a 5% deposit buy a home by giving lenders a Government-backed guarantee of 15% of the mortgage.
Since its launch in October 2013, the 95% loan-to-value (LTV) mortgage market has changed dramatically, and data from Moneyfacts.co.uk has revealed that not only are there now lower rates available for borrowers with small deposits, but there’s also far more product choice.
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