Articles

  • USA HOMES SALES MAINTAIN SOLID GROWTH

    by: Prime Asset Investments

    Sales of existing homes in the USA steadily increased for the third consecutive month in July, while “stubbornly” low inventory levels and rising prices are likely to blame for sales to first-time buyers falling to its lowest levels since January.

    24th August, 2015Continue reading
  • SUMMERTIME SALES STAMPEDE IN ORLANDO CONTINUES

    by: Prime Asset Investments

    Summertime sales in Orlando, USA are gaining even more momentum with a 33% increase in closings of sales of existing homes in July.

    21st August, 2015Continue reading
  • BUYING IN USA CHEAPER THAN EVER COMPARED TO RENTING

    by: Prime Asset Investments

    According to the latest report from the real estate firm Zillow, rent affordability has worsened in most metropolitan areas in the USA, with renters easily spending 30% of their monthly income on rent, while buyers can expect to spend only about 15% of their income on a mortgage payment.

    19th August, 2015Continue reading
  • QUARTER OF LANDLORDS STRUGGLING TO GET MORE FINANCE

    by: Prime Asset Investments

    Lack of finance is preventing almost a quarter of UK landlords from expanding their property portfolios. According to the results of a recent study conducted by online letting agent Property Let By Us, one in ten landlords struggled to get a mortgage in the last year.

    17th August, 2015Continue reading
  • FLORIDA HOUSING MARKET CONTINUES POSITIVE MOMENTUM

    by: Prime Asset Investments

    Florida’s housing market reported more closed sales, higher average prices, more pending sales, and fewer days on the market in the second quarter of 2015. Inventory was at a 4.6-months’ supply for single-family homes and 5.5-months for townhouse-condo properties.

    14th August, 2015Continue reading
  • USA HOME PRICES CLIMBING AMIDST GROWING DEMAND

    by: Prime Asset Investments

    Home prices rose steadily in most metro areas in the USA in the second quarter of 2015 as a result of a continuous climb in sales amidst insufficient supply.

    12th August, 2015Continue reading
  • US HOME PRICES UP 6.5% YEAR-ON-YEAR IN JUNE

    by: Prime Asset Investments

    National home prices in the US rose by 6.5% year-on-year in June, representing 40 months of consecutive year-on-year increases.

    10th August, 2015Continue reading
  • UK BANKS STRICTER WITH BUY-TO-LET LANDLORDS

    by: Prime Asset Investments

    In an effort to curb the buy-to-let boom in the UK, a number of banks have increased their interest rates for landlords and are applying stricter mortgage criteria.

    10th August, 2015Continue reading
  • PRIME RENT IN LONDON FALLS

    by: Prime Asset Investments

    While UK tenants are concerned about rent rises due to changes in tax relief for landlords, rental values in prime central London fell for the first time since February 2014 as stock levels held up against a subdued demand from the financial services sector.

    5th August, 2015Continue reading
  • ORLANDO SALES SKYROCKET IN JUNE

    by: Prime Asset Investments

    Skyrocketing sales were recorded in Orlando in June, with 21% more homes sold than in the same month last year. In addition, the average price for existing homes sold in June increased by 7.73%.

    3rd August, 2015Continue reading