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Price rises brings more US home owners out of negative equity but still a drag on the market

There are fewer home owners in the United States underwater on their mortgages, but more than half of those who remain underwater owe at least 20% more than their homes are worth. The depth of negative equity alone will ensure that negative equity will continue to be a drag on the housing market even after […] The post Price rises brings more US home owners out of negative equity but still a drag on the market appeared first on PropertyWire . Continue reading

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First time buyers better off than renters for eighth year, latest review shows

First time buyers in Scotland are on average £860 a year better off with their own home compared to those who rent, according to the latest research. The average monthly costs, including mortgage payments, associated with buying a typical three bedroom house stood at £522 in December 2016, some £72 lower than the typical monthly […] The post First time buyers better off than renters for eighth year, latest review shows appeared first on PropertyWire . Continue reading

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Call for more support for smaller new home builders in London

Small and medium sized developments account for two in three new build schemes in London’s pipeline, but will only provide one in five of the properties, according to new research The study from Kinleigh Folkard & Hayward (KFH) shows that there are currently a total of 1,031 private new build developments all more than 20 […] The post Call for more support for smaller new home builders in London appeared first on PropertyWire . Continue reading

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