Average time to sell a home in London ‘was twice that in Scotland in 2023’

Homes in London took twice as long as properties in Scotland to sell on average last year, according to a website.

In 2023, the average sale took 34 days – from the property first being launched to the market to a sale being agreed, subject to contract – Zoopla said.

The average time to sell ranges from 20 days in Scotland to 40 days in London.

This difference primarily reflects housing affordability and

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Spruce Up Your Home With Huge Plant Sale in New Boston, TX

Spring has sprung and the Bowie County Master Gardeners Association is hosting a Spring Plant Sale on Saturday, April 6, at Trail Head Park in New Boston, Texas.

Plant Sales

The gardening season is here and if you enjoy working in your garden, flower beds, or sprucing up the landscape around your home now is the time to do so. Hopefully, you have a green thumb and not a brown thumb like me, the plant sale will start at 8 am and go until noon or until all the plants have been sold. If you want to find the best

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Meet the housing market’s new normal, 7% mortgage rates and all

Mortgage rates are high and housing inventory is tight, but some experts see the market’s deep freeze starting to see this spring.

Homebuying started to pick up during and after the holidays. Existing home sales increased 3.1% from December to January, according to the National Association of Realtors. Meanwhile, the inventory of unsold existing homes rose 2% from December to January, totaling around 1 million at the end of last month, slightly expanding buyers’ options.

“While home sales remain sizably lower than a couple of years ago, January’s monthly gain is the start of more supply and demand,” NAR chief

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GTA developer ordered to pay $180K after illegally selling pre-construction homes

A Toronto-area developer has been ordered to pay more than $180,000 after pleading guilty to selling a new home without a licence, according to Ontario’s home construction regulator.

Ideal (BC) Developments Inc. was never licensed to sell homes in the province yet it illegally accepted hundreds of thousands of unsuspecting buyers for new homes in Richmond Hill, Ont., the Home Construction Regulatory Authority (HCRA) said in a news release issued Dec. 18.

In 2022, CBC Toronto reported that Ideal (BC) Developments Inc. was the subsidiary company of a failed development that had left several buyers in limbo. CBC Toronto had

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Ontario woman says using ‘cash for houses’ company was costly mistake

Laurie Thompson admits she needed to sell her townhouse in Smithville, Ont., fast.

The pandemic had done a number on her finances — the bar where she worked had shut down, twice — and rising interest rates meant her monthly mortgage payments of $2,000 were going to almost double last January. Thompson was facing foreclosure.

“I was desperate,” she told Go Public.

Thompson had seen street signs and posters in his neighborhood — companies offering to pay quick cash for houses. She’d even received what appeared to be a hand-written flyer in the mail, advertising a hassle-free cash sale —

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Selling My House Fast In Los Angeles

Have a home to sell in the Los Angeles area? Good news: Real estate prices here are high and rising, according to recent sales data, so you’re sitting on a valuable asset. However, the pace of sales is slowing, and high mortgage interest rates are keeping many potential buyers on the sidelines. Is it possible to not only find a qualified buyer, but speed up the usual process so that you can sell your house in Los Angeles fast as well as turning a nice profit? Read on for all the details on selling in a hurry in LA

How

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LA’s Gas Company Tower, dumped by owner, faces foreclosure sale – Orange County Register

By John Gittelsohn | Bloomberg

An office tower in downtown Los Angeles is facing foreclosure a year after the owner, an affiliate of Brookfield Asset Management Ltd., walked away from the building.

Also see: Southern California’s empty offices surge 67% in pandemic era

A notice of trustee’s sale for the Gas Company Tower, located at 555 West 5th St., was filed March 21 with the Los Angeles County Recorder’s office, setting the stage for a foreclosure sale as soon as 90 days after the filing.

The foreclosure comes as the value of office buildings has plunged amid higher vacancies. Elevated

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Homes in Upstate New York Sell 6 Times Faster Than Homes in Austin

by Lily Katz

Updated on October 27th, 2023

Albany, Rochester and Buffalo are among the nation’s fastest housing markets. Austin, once known for its speed, is one of the slowest.

In Albany, NY, the typical house that sold in September went under contract in just eight days, making it the fastest market in the country. Next came Rochester, NY (9), Grand Rapids, MI (9) Buffalo, NY (11), San Jose, CA (12) and Seattle (12).

Aside from Seattle and San Jose, all of the six fastest markets have median home sale prices well below the national level

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