Residential property prices in 11 major cities in Canada rose by a modest 2.5% during 2018 compared with a rise of 8.9% in 2017. In the last quarter of 2018, housing prices fell by 1% amid rising interest rates and economic slowdown. Statistics The demand for real estate in the country is falling. The new...
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Dancing House is a must-see in Prague
The dancing house in Prague is an image of a couple in dance, expressed in urban architecture. The house actually consists of two towers, which are called “Ginger and Fred”, referring to the famous Hollywood couple of dancers and actors Ginger Rodgers and Fred Astaire. The comparison is really reasonable: one tower is straight, has...
The Real Estate in Sweden. How much does it Cost to Maintain it?
The annual tax rate on real estate in Sweden is 0.75% of the tax value of housing. The latter is from 2/3 of the market value of the object and more. The maximum tax rate is 6000 SEK per year (€ 650), the average is 2.3-2.8 thousand SEK (€ 250-300). An important item in the...
7 Simple Rules of a Successful Realtor for a Productive Working Day
A modern realtor actively uses in their work all the achievements of the high technology – a powerful camera in the phone for shooting objects and displaying photos on Instagram. Аnd full set of programs on a laptop that has long become a real portable office of a real estate professional. Promotion on the Internet...
Puerto Rico’s Real Estate Market
As long as the locals barely make ends meet, housing is getting cheaper at a record pace – and can become very attractive for investors who are not afraid to take risks. In the past five years, there has been a huge economic crisis in Puerto Rico. The island has a high level of unemployment,...
The Property Market in Asia
Despite the fact that many investors traditionally eye on European countries and the United States, the Asian real estate market is also gaining momentum, confidently shifting financial flows in its direction. In the trend are both tourist destinations and business centers of Asia. First of all, it is worth noting the interest in countries such...
Thailand Banks Implement New Rules to Strengthen Mortgage Landing
BOT has announced measures that are developed for tightening most credit rules and standards of popular mortgage loans. According to them, the LTV ratio is now limited to 80 % on all new home mortgages that cost over € 267.000 (THB 10.000.000). The same rule works for any second acquisition regardless of the cost. No...
October House Hunt Is Becoming a Great Deal Again
There is always a so-called ‘best time’ for everything. Traveling is cheaper in winter, sales are more frequent in spring, strawberries are sweeter in summer, and house hunting is more successful in autumn, especially during its second month. RealtyTrac and realtor.com® have analyzed tens of millions of sales, including those of condos and single-family places...
How Does Barcelona Control the Airbnb Market?
What is the most visited European city? Is it Paris or Berlin, Madrid or Rome, London or Prague? The citizens of Barcelona came to a belief that the only aim of people from around the globe is to come to their home city. The benefit is as clear as a day: tourism means income for...
Useful Tips on How not to Make Your House Move a Disaster
The house move is always full of stress and unpleasant moments. There is often something that is forgotten or broken, unfortunately. Still, we want to offer you smart tips on how to make your house move as easy as possible. Here are a few simple rules: · When preparing for the move you need to...