bubble

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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Sum available for British investors to reclaim from bust developers in Spain rises

Tens of thousands of British buyers left high and dry by bankrupt developers in Spain have been given fresh hope that they may be able to recoup some of the money they put down as a deposit. As much as £5.3 billion could be made available thanks to a landmark ruling by the Spanish Supreme […] The post Sum available for British investors to reclaim from bust developers in Spain rises appeared first on PropertyWire . Continue reading

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Housing stock value growth shows extent of US property market recovery

The total value of housing stock in the United States grew to a record high $29.6 trillion in 2016 with the market seen strong growth, according to the latest analysis report. Overall the residential real estate market grew 5.7% or $1.6 trillion in value and regained what was lost during the economic crisis that followed […] The post Housing stock value growth shows extent of US property market recovery appeared first on PropertyWire . Continue reading

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