Property house prices: UK housing stock at 'record low' as homeowners delay for Brexit

The property market has seen house prices in the UK in April experience slower growth compared to March as Brexit looms. The latest report, which takes into account the UK housing market in 2018, has seen growth dwindle as estate agents report a fall in homeowners buying and selling their properties. The report contains an […]

A ‘self-fulfilling prophecy’ is making the housing market more hellish for first-time buyers

Drew Angerer/Getty The share of Americans who think now is a good time to buy because home prices won’t fall is at a record high, according to the University of Michigan’s consumer sentiment survey. This is creating a self-fulfilling prophecy that’s making housing more unaffordable for first-time buyers, according to David Rosenberg, Gluskin Sheff’s chief […]

Silicon Valley’s housing market is so dire, a burned-out home just sold way over the asking price — for $938,000

Redfin screenshot The San Francisco Bay Area is one of the most expensive housing markets in America. Case in point: A fire-ravaged home in San Jose, California, has sold well over asking for $ 938,000. The home will need to be demolished.   It’s no secret that buying a home for under $ 1 million […]

This week’s Tour de Yorkshire will go through some of the area’s housing hotspots

But while spectators are waiting for the cyclists to whizz past them between Thursday and Saturday, they might be tempted to do a spot of house-hunting. Price-wise, and for natural beauty, Yorkshire is a fantastic place to relocate. “We are surrounded by beautiful countryside,” says Karen Armitage, director of Pocklington and Market Weighton’s Hunters estate […]

Cities are trying to make housing more affordable — by making rents more expensive

Laurin/Shutterstock One way to create affordable housing is by taxing more expensive new homes. Los Angeles is trying to solve its housing crisis with a linkage fee, one of numerous additional costs that drive up the price of housing. The solution looks at housing from each extreme level of cost, but others can not get […]

Here’s how the new tax code will impact the housing market

Justin Sullivan/Getty The new tax code removes any significant tax differences between homeowners and renters for most US households. Home prices shouldn’t be impact by the new tax code. The code is expected to have little impact on supply. Overall, little impact is expected. The impact of the new tax code on the housing market has […]

All the crazy things happening in San Francisco because of its out-of-control housing prices

Melia Robinson/Business Insider People are leaving San Francisco in droves as the cost of living reaches new highs. A recent report from real estate site Redfin reveals that San Francisco lost more residents than any other city in the country in the last quarter of 2017. The great migration is far from over. Last month, 49% […]

White House aides are reportedly furious at Ben Carson over the fallout from a renovations scandal at the housing and urban development department

Bill Pugliano/Getty Images White House aides are reportedly furious after the Department of Housing and Urban Development (HUD) became embroiled in a scandal. HUD had reportedly spent over $ 31,000 for a dining room set for Secretary Ben Carson’s office last year. A whistleblower also alleged she was retaliated against after pushing back on the […]

Homebuyers now have something else to be worried about besides the housing shortage

Mark Blinch/Reuters Mortgage rates have climbed to a two-year high.  What’s different about this rise is a growing concern that borrowing costs are more likely to continue going up.  The recently passed Tax Cuts and Jobs Act created anxiety about housing, since it reduced some of the benefits that homeowners enjoyed.  However, the impact from […]