Limuru has become a sought-after neighborhood for Kenyans seeking rental properties, according to… read more… Airbnb has made a significant impact on the Kenyan rental market, revolutionizing the way people… read more… All investors who are involved in the ‘Airbnb’ business in Nairobi, and soon in other parts of the… read more… A recent report by Hass Land Price Index highlights the enduring profitability of land investment… read more… Read posts and commentary from NAR experts on technology, staging, placemaking, and real estate trends.
- Home sales changed little overall, but the upper-end market is experiencing a sizable gain due to more supply coming onto the market.
- The Edge Fair Value tool lets users calculate the fair value of a property, while the En Bloc Calculator helps to determine the probability of a Singapore project being put up for collective sale.
- Park Regent ‘by the water’, a model of high-rise living at its finest with equally impressive picturesque landscape.
- While average rents at city level grew by 5.8% YOY, South and North Bengaluru saw the highest rental growth of 6-7% YOY in premium residential developments, a report by Savills India has said.
This knowledge will allow you to make informed decisions and ensure that you are making the best decisions for your financial future. Godrej Properties acquired 10 land parcels worth over Rs 21,000 crore last fiscal to build projects. The company aims to buy more parcels generating Rs 20,000 crore sales bookings this fiscal.
Turkey’s real estate sector risks losing foreign buyers
The Current Sentiment Index Score reached a decadal high at 72, with the Future Sentiment score and Developer Future Sentiment Score also showing positive trends. Get the latest property news, expert interviews, market insights and exclusive in-depth analysis on real estate trends in Kenya. Ltd, a subsidiary of the US technology conglomerate, had a renewed rental pact for about 600,000 sq ft office space in Hyderabad. A major settlement could spell an end to 6% real estate commissions The National Association of Realtors has reached a national settlement that could change the way real estate agents are paid. The key potential change centers on who foots the bill for real estate agents who represent homebuyers.
- Since Tuesday, notices have been put up in more than 10 condominiums, including Ajnara Daffodils in Sector 137, Antriksh Golf View 2 in Sector 78, Grand Omaxe in Sector 93B and Prateek Wisteria in Sector 77.
- In the United States, most agents specify a commission of 5 or 6 percent, paid by the seller.
- This could be a result of the fund’s allocations to REITs that historically do not pay high distributions themselves like data centers.
- According to Bayut’s most recent analysis, apartments in Dubai Investments Park, Discovery Gardens, and Liwan provide the best rental returns…
One of the trends that can be expected is an increase in demand for luxury properties. While Bali has always been known for its luxurious resorts and villas, in recent years, there has been a significant increase in the demand for high-end properties, including luxury villas, beachfront estates, and upscale townhouses. The peninsula still has a lot of empty land to offer and the land price curve is going to move upwards for many years to come – except for those cliff front properties, which already demand some of the highest land prices on the island.
What changes now for homebuyers and sellers
Unemployed homeowners who no longer can make their mortgage payment can simply sell their home in a few weeks. As a result, it is unlikely that we’ll see any flood of distressed sellers or foreclosures in 2024. The growth of the real estate industry in Hyderabad can be attributed to various factors, including the city’s first-rate infrastructure, a thriving IT industry, and a growing population of young professionals.
- A proposal by Nairobi Governor Johnson Sakaja to allow the construction of skyscrapers in various… read more…
- With supply increasing, buyers stand to benefit from a little more time in the process than in years past, when countless buyers were waiving inspections and bidding well over asking prices just to be in the running.
- Nestled amidst the verdant landscapes of Balangan’s prestigious golf course, this un-furnished…
That could end up weeding out some “lower-performing brokers,” Kling said. Consider a seller who agrees to pay a 3% commission for their listing agent — instead of potentially twice that to cover the buyer’s agent, too — and sells their home for February’s national median sale price of $379,100. That homeowner would save roughly $11,373 paying only their agent’s commission. What happens if a seller doesn’t want to offer to pay the buyer’s agent commission? Homebuyers would be on the hook to shop around for an agent they can afford.