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Property News

Location American Property News for 30 March 2016
Developer Fred Latsko pays $1.6 million for vintage Gold Coast mansion Developer and socialite Fred Latsko paid $1.6 million on March 11 for a five-bedroom, 4,700-square-foot, all-brick vintage mansion on the Gold Coast. Latsko, 50, has owned numerous residential properties in Chicago over ...
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Pending home sales in the United States rose solidly in February to their highest level in seven months and remain higher than a year ago, according to the National Association of Realtors. Led by a sizeable increase in ...
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As interest rates inched higher, refinancings fell, impacting overall mortgage applications.
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UK buy to let landlords face tougher lending rules

Property Wire - 30 Mar 2016 12:03
Some buy to let landlords in the UK face tougher regulation when it comes to getting a mortgage for expanding their portfolio, the Bank of England has announced. In what may be seen as another blow to the buy to let mark...
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The UK Government’s target of building a million new homes over the next few years is not as ambitious as some may think, according to a new analysis from the Royal Institution of Chartered Surveyors (RICS). The indivi...
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Rising house prices in Scottish cities has led to a further deterioration in affordability with average values up 3% from £176,009 in 2015 to £181,077 in 2016. This has resulted in average affordability in Scotland’s...
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Condo Bust Looms in Miami

Wall Street Journal - 30 Mar 2016 03:01
Developers in Miami's condo market have started canceling projects, slashing prices and offering incentives such as private-jet access to spur sales, an ominous echo of the housing crash.
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India's Supreme Court on Tuesday asked the country's capital markets regulator to sell Indian properties owned by conglomerate Sahara Group.
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