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New housing sales in Spain will remain stable, but second-hand housing will suffer in 2024, according to the experts — idealista/news

August 27, 2024 seldone

The gap between demand and supply is a key factor that marked the real estate market in Spain during 2023. This is likely to continue in these first months of the year, just as there is a difference between new and used housing. According to the experts consulted, new housing transactions will remain stable at the start of the year but used housing will be reduced due to inflation, interest rates and the current war conflicts, creating investment insecurity for buyers.

New home sales could maintain a positive trajectory in the first quarter of 2024, supported by sustained demand and

Data reveals the Australian cities where homeowners are selling at a loss | Housing

August 26, 2024 seldone

More Australian homeowners are selling up quickly but failing to make a profit in the process.

New CoreLogic data shows the portion of owners making a loss – after selling their home within two years of buying – rose to 9.7% in the June quarter, compared with 2.7% in the same period of 2022.

The median amount lost on the resale was $30,000.

“We are two years on from the height of pandemic-related lockdowns, low interest rates, and have just passed the peak of transitions from low fixed rates to high variable rates,” CoreLogic’s Eliza Owen said.

“The portion of

Freddie Mercury’s house on sale for £30m | Ents & Arts News

August 25, 2024 seldone

The former home of music legend Freddie Mercury is up for sale – on the market for offers in excess of £30m.

Garden Lodge in Kensington, west London, is set in a quiet enclave in the borough, and used to be described by Mercury as “his country house in central London”.

Built in the Neo-Georgian style in 1907, features include a double-height dining room, a fully mirrored dressing room, a bar, library, and a Japanese-style garden with water features and

Experts reveal why Boxing Day is the best time to sell a home

August 24, 2024 seldone

Looking to sell your home before the new year? Well, it turns out Boxing Day might be your golden opportunity to secure a sale.

In 2022, retail company Rightmove found they had a record number of new sellers who decided to put their homes up for sale on Boxing Day, this was a significant 46% increase from 2021. This puts a whole new spin on shopping the Boxing Day sales .

Property experts at Martin & Co. say that surprisingly the best time to sell your home is Boxing Day even though the majority of people don’t even know about

Gold Coast man slashes $700k from asking price of life for sale

August 23, 2024 seldone

Steven Tol is selling his Upper Coomera home with car and contents included

A man who posted his entire life for sale with dreams of seeing the world has launched a fresh marketing pitch with a reduced asking price.

Gold Coast truckie Steven Tol originally advertised his house, cars, business and belongings on social media as part of a bizarre package deal for $2.2m six months ago.

But with no luck so far finding a buyer to take over his life, Mr Tol has changed tack, instead taking a more traditional route by listing his Upper Coomera property and its

Best time of year to buy and sell your home in Sydney

August 22, 2024 seldone

The best time to sell in Sydney revealed. Picture: NCA NewsWire / Nikki Short

Selling property has often been associated with spring – but March is actually the best time of the year to sell in Sydney, a new PropTrack study reveals.

The research showed that March homeowners tended to get higher prices for their properties than those who sold at different parts of the year.

PropTrack senior economist Paul Ryan said it was a factor worth taking into consideration when looking to sell.

“At the peak of the average, you can get around $10,000 more return, which is a

Housing crisis: One in seven homeowners worry they’ll be forced to sell due to rising cost of living — Finder

August 21, 2024 seldone

Rising interest rates are inflicting pain on stressed homeowners and investors, which could see a rise in distressed property sales this spring, according to new research by Finder.

A whopping 39 per cent of Aussie mortgage holders – equivalent to almost 1.3m households – said they struggled to pay their home loan in August, according to Finder’s Consumer Sentiment Tracker.

And two in five (40 per cent) of property investors are struggling to keep pace with soaring mortgage payments and are worried they will have to sell their investment home.

RELATED: Where to find Victoria’s interest-rate proof suburbs

The gap

Elderly couple told they had to sell home to house asylum seekers

August 20, 2024 seldone

Councils are compulsorily purchasing empty properties to meet a surge in the number of asylum seekers being granted leave to remain in the UK.

Council chiefs have complained they are not being given enough time to find alternative accommodation for successful asylum seekers because of the Home Office’s faster decision-making to clear huge backlogs of cases.

The policy has been highlighted by the light of an elderly couple who were told they had to give up their home to asylum seekers because of a shortage of suitable accommodation.

Jose and Ted Saunders said they were “shocked” to be told by