Your Daily Real Estate Intelligence

<p>New listings and pending sales can offer an early look at whether buyer demand is losing ground</p>

<p>Housing professionals said the psychological effect on homebuyers and sellers is immediate</p>

<p>In September, two out of three homebuilders used incentives and 38% cut prices by 6% on average</p>

<p>Fed raises benchmark rate to 3.75% to 4% range in response to high inflation and solid employment</p>

<p>Davis Tate has appointed Marc Williams as Sales Director to oversee its nine-branch network across Oxfordshire and Berkshire. Williams brings 27 years of estate agency experience, including management of multi-branch operations across London and the South of England.</p> <p>The post <a href="http...

<p>Prime London's property sales market recorded its weakest August performance in nearly two decades, with transactions falling to their lowest level since 2008, according to data from LonRes. The prime London data platform reported that average achieved sold prices fell 7% year-on-year in August, ...

<p>The number of properties listed for sale in England increased by 16% in the first two weeks of September, with more than 54,000 homes entering the market. Rutland recorded the largest regional increase at 35%, followed by the Isle of Wight at 34%.</p> <p>The post <a href="https://www.propertywire...

<p>The Bank of England has held interest rates at 3.75%, offering some respite to mortgage borrowers after renewed geopolitical and inflationary pressures had raised concerns that borrowing costs could begin climbing again. The decision comes against an increasingly uncertain economic backdrop, with...

<p>Shawbrook Bank has provided £2.5 million in development finance to APS Homes for the conversion of a Grade II listed former nursing home in Bath into seven residential apartments. The 18-month facility covers 100% of development costs for the 1857 building, with an estimated gross development val...

<p>MERA has completed a £6.1m equity release refinance on a serviced office building near Chancery Lane, London, enabling the owner to proceed with a separate commercial acquisition. The transaction was structured in partnership with mezzanine lender Martley Capital.</p> <p>The post <a href="https:/...

<p>Durden &#038; Hunt has acquired South Essex estate agency Diggins &#038; Co, bringing the Rochford and Rayleigh-based firm into its growing network. The deal gives Durden &#038; Hunt coverage across every Essex postcode.</p> <p>The post <a href="https://www.propertywire.com/company-news/durden-hu...

<p>UK house price growth slowed to 1.4% in July, marking the third consecutive monthly deceleration, while London recorded its eleventh straight month of annual price falls at 3.3%, according to ONS data.</p> <p>The post <a href="https://www.propertywire.com/news/uk-house-price-growth-slows-to-1-4-a...

<p>Estate agents pursuing perfection in their marketing may be undermining consumer trust, according to analysis of psychological research and recent consumer studies. Northwestern University research found that purchase likelihood peaks between 4.2 and 4.5 stars, rather than at five stars.</p> <p>T...

<p>Federal data show individuals own 59% of rental properties, even as LLCs hold 43% of rental units </p>

<p>Four years of a frozen housing market won't thaw from the three levers everyone keeps pulling</p>

<p>With 30-year rates near 7%, retention and permissioned access may decide the next refi wave </p>

<p>In a market where 66% of builders use incentives, Sheryl Palmer points to reputation, internal alignment, and data systems as advantages</p>

<p>FAN said the rollout adds direct wire fraud protection to every closing it conducts</p>

<p>Residential conveyancers are implementing changes to property transaction processes up to three years ahead of government mandates, according to industry professionals across the sector. The government has committed to introducing buying and selling reforms by the end of the current parliament, w...

<p>Mortgage rate buydowns have extended this cycle versus previous ones </p>