North America
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 →
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 →
Manchester, Edinburgh and Birmingham set to be property hot spots of 2017
Property price growth is likely to be subdued in London with bigger regional cities in the UK expected to outperform the capital city, according to a new analysis report. Overall residential price growth of 0.5% is forecast for the UK, rising to 1% in London but the prime property market in the capital is set […] The post Manchester, Edinburgh and Birmingham set to be property hot spots of 2017 appeared first on PropertyWire . Continue reading →