Tag Archives: Mt Kisco NY

UK house price surge slows in January | Mt Kisco Real Estate

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Britain’s house price surge slowed in January after the biggest monthly jump in more than four years in December, mortgage lender Nationwide said on Wednesday, although on an annual basis prices continue to rocket higher.

British house prices rose roughly in line with expectations, up 0.7 percent this month compared with a 1.4 percent increase in December, which was the biggest single-month increase since August 2009.

The increase this month pushed the average price of a British house to 176,491 pounds ($292,700), or 8.8 percent higher on the year in the biggest annual rise since May 2010, when Britain’s coalition government first came to power.

Many economists are concerned that a government scheme launched in October which makes it easier for home buyers to get a mortgage with only a 5 percent deposit is likely to raise prices, rather than boost construction as the government hopes.

 

 

http://finance.yahoo.com/news/uk-house-price-surge-slows-070221524.html

8 Mobile Apps You’ll Wish You Downloaded Yesterday | Mt Kisco Real Estate

 

You know that panicked feeling you get when your mobile device isn’t immediately nearby? Yeah, this post isn’t going to help that at all.

It will, however, give you a handful of useful business apps to further extend that digital Swiss Army knife of yours. Continue reading

Migrants buying after Spanish real estate market bottoms out | Mt Kisco Real Estate

Buyer confidence is now returning to Spain via emigrants’ purchase of Spanish property at rock-bottom prices.

Recent house price data released by major real estate agents in Spain indicated that, in the most popular areas, prices have bottomed out and are attracting migrant buyers as a result. Russian and Far Eastern buyers are picking up bargains and the British and Scandinavians are re-entering the market.

There’s much to attract those wishing to emigrate, with prices in the Costa Brava, Marbella and Barcelona, recently down by up to 50 per cent on pre-crash prices, now showing a slight recovery due to renewed interest from overseas. The luxury market is faring best, particularly in beachside destinations such as Ibiza and Mallorca.

Buyers’ demographics are also changing, with increasing numbers of younger people in the 30-40 age group and fewer retirees being noted. Indian, American and Chinese investors are showing the most interest in the popular areas.

According to real estate agents, sellers are still open to price negotiation even although the best properties as regards location and amenities are listed at around 30 per cent below their true value. The Spanish government’s recently announced scheme to give residency to non-EU nationals purchasing a home for over €160,000 would seem to have kick-started the country’s ailing property market.

– See more at: http://www.emigrate.co.uk/news/20140102-8412_spanish-property-now-attractive-to-migrants#sthash.f3MLCa6e.dpuf