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Lack of supply boosting property sales in hotspots in Scotland
Property sales in Scotland increased by 3% in 2016 and was 9% higher than the 10 year annual average, with lack of supply fuelling growth in popular areas, the latest analysis shows. The growth in sales last year took place despite a drop in mortgage lending and slowdown in the Aberdeen area, according to the […] The post Lack of supply boosting property sales in hotspots in Scotland appeared first on PropertyWire . Continue reading →
Research reveals affordable areas for buyers in US hot spot metros
Even in more expensive metro areas in the United States there are cities with affordable homes but buyers face high prices in sought after locations, new research suggests. The San Jose metro has been one of the hottest housing markets in the country and buyers in Palo Alto, for example, can expect to spend 75% […] The post Research reveals affordable areas for buyers in US hot spot metros appeared first on PropertyWire . Continue reading →
Research reveals extent of gazumping in UK property market
Buyers in London are the most ruthless in the UK with new research showing they are three time more likely to indulge in gazumping than the national average. Gazumping, where a buyers puts in a last minute bid for a property once the seller has already accepted another one, is often a feature of a […] The post Research reveals extent of gazumping in UK property market appeared first on PropertyWire . Continue reading →