Investing
Builders Bank on Office Spaces to See Through Sluggish Phase
Luxury Home Sellers Stick to Prices as High-End Listings Go Down in the U.S.
Home Prices Rise as New Sellers Join the Housing Market in UK
Around 75 percent of Battersea Power Station project's Phase, one of the units have sold out. Bookings have already started at a super-fast rate. Phase-one will hold residential units while phase-two will comprise of retail and office space units. Cooper Square in New York to Get a New High Rise at Astor Place
A brand new building is all geared up to break ground soon at 51 Astor Place, Cooper Square. The 13 story building will be used for both office and educational purposes. The building is being developed by Edward J. Minskoff who has negotiated a lease of $97 million for 99 years for the building. 29.3 Percent Americans Own Mortgage Free Homes
In a recent study conducted by Real estate listing Consultancy- Zillow, it was discovered that around 29.3 percent of the home owners were free of any mortgage debt and owned their homes outright. Various financial and demographic factors were taken into account for the study. Barclays Joins UK Mortgage Rate Reduction Stream
Banking Giant Barclays announced that it will slash down mortgage rates up to 1 percent for new home investors. A new scheme, "The family Springboard Mortgage" was announced by the bank that is expected to help customers in financing their investments. Will Walmart Enter Newark’s Springfield Avenue Marketplace?
Newark City's Springfield Avenue Marketplace is slated to be fully functional from 2014. However, contemplation of retail giant Walmart, opening an anchor grocery outlet in the complex has drawn some heated controversy to it. Australian Real Estate Market Indicates Positive Patterns; New Home Sales Increase
The Real estate market of Australia will see a positive upturn in the financial year, 2013-14. Home sales in the country recorded a 4.7 percent increase in November, 2012. Prices of homes also witnessed increases in various parts of the country. US Apartment Rents Increase while Vacancy Rates Fall
Rents of apartments are hitting new highs in the U.S. residential market while vacancy rates are declining. However, if the rentals keep increasing, more people will be drawn toward buying a home. US Office Space Demand on a Slow Track
The demand for Office space in America is on a sluggish track. Since the economy is on a slow rebound and employers declaring cautious hiring, the forecast for the market is slow and steady. California Commercial Estate Market Witnessing a Surge
The commercial real estate markets of California will be witnessing a mounting surge as more number of investors are taking advantage of the prevailing low rents and high vacancy rates. Builders believe that the value of properties will rise subsequently in 2013. HSBC Reveals New Mortgage Rates for Prospective Investors
HSBC introduced new mortgage rates for prospective and fresh property investors. Experts have opined that the rates are the best deals in the market. The new rates will help attract more customers not only augmenting business for the bank but also boosting the real estate market.
