homeowners

Research reveals owners still largely over estimate how much their home is worth

Home owners in England and Wales over estimated the value of their property by an average 6.8% in 2016 but this is much less than in previous years, new research shows. In 2015, for example, owners overestimated values by 9.85%, and in 2014 by 13.69%, in 2013 by 13.93% and in 2012 by 18.07%. The […] The post Research reveals owners still largely over estimate how much their home is worth appeared first on PropertyWire . Continue reading

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Pending home sales in the US picked up at the end of 2016, latest index shows

Pending home sales in the United States picked up at the end of 2016 with solid increases in the South and West offset weakening activity in the Northeast and Midwest, the latest index data shows. The Pending Home Sales Index from the National Association of Realtors, a forward looking indicator based on contract signings, increased […] The post Pending home sales in the US picked up at the end of 2016, latest index shows appeared first on PropertyWire . Continue reading

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UK home owners embraced remortgages in 2016 due to record low rates

The value of remortgaging in the UK increased by 21% year on year in 2016 reaching £65.7 billion with home owners doing so more often, new research shows. Remortgage enthusiasm was driven by record low rates, anticipation of a rate rise in 2017 and the decision by the UK to leave the European Union, according […] The post UK home owners embraced remortgages in 2016 due to record low rates appeared first on PropertyWire . Continue reading

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