Investors hoping to make gold from London's Olympics may be losing the lettings race, according to some agents. Homeowners are rushing to join in the frenzy as rental values pole-vault upwards in the run-up to the Olympics, but agents are saying that landlords have flooded the market, leaving no hope of tenant demand meeting the hype.
In the aftermath of the global financial crisis, it's becoming quite commonplace for whole villages and towns to go on sale. But one abandoned mill town in North Carolina has something special to set it apart from the crowded mass real estate market: it was the location for The Hunger Games.
Sales of investment and vacation homes jumped in 2011, with the combined market share rising to the highest level since 2005, according to the National Association of Realtors®.
Congregations beware. Not even places of worship are safe from the global financial crisis, as church foreclosures hit record highs. According to a new report, 138 church properties were sold by American banks in 2011, the highest ever number in one year. With pastors losing their pulpit and banks looking like bad guys, who wins in the latest round of the housing crash?
A Californian homeowner has taken drastic steps to make money from his property by turning it into a billboard. Scott Hostetler applied for a scheme with an advertising company, which would see them pay his monthly mortgage in exchange for giving his house a bright green paint job. The scheme received thousands of applications, as Americans try to raise enough money to avoid foreclosure.
As Europe struggles with debt, the future of global property is uncertain. Reports suggest market recoveries one week, financial slides the next, while some still believe that the world will end in December. How do you know what property to buy? To clear up the confusion, here are seven things that won't happen in 2012...
Florida has flown to the top of TheMoveChannel.com's listings, according to the latest Investment Watch. The report, which ranks the monthly level of interest in the portal's listings, saw a two-bedroom condo attract the most enquiries at the end of 2011 as buy to let demand dominated December.
The White House is preparing a plan to sell foreclosures for renting, just as the US buy-to-let market hits fever pitch. Demand for rentals is high with overseas investors taking advantage of low prices, while US homeowners let spare rooms and driveways - and scammers rent out homes that are already occupied.
A pledge by US President Barack Obama to provide massive financial support for the regeneration of the State of Michigan’s biggest city, Detroit, should be of interest to property investors.
The 10 per cent rule says that a property is worth further investigation and a more detailed analysis if the gross annual rent is at least 10 per cent of the purchase price of your rental property.
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