The two-story house, built in 2007, sits on about half an acre of grounds and features a lagoon-style swimming pool and a waterfall feature. Recently remodeled, the 5,364-square-foot house has an updated kitchen, a step-down office/library, five bedrooms and seven bathrooms. An artistic tiled fireplace draws the eyes in the master suite. … [Read more...] about Jessica Alba records a quick home sale in Beverly Hills
Quick house sale
By Louis Hansen | [email protected] | Bay Area News Group PUBLISHED: March 20, 2019 at 6:00 am | UPDATED: March 20, 2019 at 6:04 am The San Jose housing market has cooled more than any other in the country — and it’s still the hottest in the nation, according to a recent Zillow survey. The bidding wars and quick cash sales have abated, and home sellers are cutting prices more often and waiting longer to close deals than a year ago. But middle-income families still struggle to afford the median priced home of $1.2 million in the San Jose metro area. A typical family needs to put about $600,000 down to fit that mortgage comfortably in their budget. “Buyers are not being forced into crazy bidding wars to leapfrog each other into a house,” said Zillow economist Jeff Tucker. But, he added, “It has been the hottest market in the country. In a lot of ways, it still is.” The Bay Area housing market has rocketed up and pushed out many would-be … [Read more...] about Even cool, Bay Area housing market is still hot
0 Have your say The average price of a Scottish home is bucking the UK-wide trend, with asking prices climbing as the spring selling season begins. Asking prices north of the Border have jumped by 3.1 per cent month on month – the biggest increase in March of all Britain’s nations and regions. The surge has been in contrast to the rest of the UK where an average home price is 0.8 per cent lower than it was a year ago, property website Rightmove has found.Across Britain, the average asking price for a home in March is £302,002.While this is lower than a year ago, prices have edged up by 0.4 per cent or £1,287 month on month. Rightmove said this was the lowest month-on-month increase at this time of year since 2011 and “considerably lower” than the 0.9 per cent average increase seen over the past seven years.The agency said the usual spring bounce in the housing market was, at best, being delayed by Brexit uncertainty as the 29 … [Read more...] about Brexit doubts hit house sales – but Scottish prices soar
By: John Stepek 07/02/2019 This article is taken from our FREE daily investment email Money Morning. Every day, MoneyWeek's executive editor John Stepek and guest contributors explain how current economic and political developments are affecting the markets and your wealth, and give you pointers on how you can profit.Sign up free here. Quick thing before we start: if you haven’t got your ticket for our event next week (on 12 February), book now – there are only a few left! House prices in the UK are now falling. In the three months to the end of January, prices fell by 0.6% compared to the previous quarter, according to Halifax. And on an annual basis, prices were up by less than 1%. Which means they are falling in “real” terms (ie after inflation). It’s good news if you’re in the market for a house. And it’s good news if you think Britain could do with being a little less property-obsessed.But will the good news continue? … [Read more...] about House prices in the UK are now falling – which is great news
By: John Stepek 18/01/2019 This article is taken from our FREE daily investment email Money Morning. Every day, MoneyWeek's executive editor John Stepek and guest contributors explain how current economic and political developments are affecting the markets and your wealth, and give you pointers on how you can profit.Sign up free here. Last year was a good one for anyone who’d like to see some sanity injected into the UK’s housing market. By the end of the year, house prices had risen by about 2.8% if you go by the Office for National Statistics data to November. Or 1.3% if you use the Halifax price index for the year. Or just 0.5% if you use Nationwide. With inflation (as measured by the Retail Price Index) at 2.7%, and more importantly, wages at above 3%, this means that house prices are flat or falling in “real” terms – ie, after inflation. That’s good news. But will it continue? Why gently falling house prices are a good … [Read more...] about What does 2019 hold for UK house prices?