archiveHousing

Exactly how much should you have left in your savings account after buying? (Picture: Getty Images) After years of scrimping and saving (and maybe a little bit of help from your family), you’ve finally got enough together for a house deposit. But what really happens after you’ve bought? And crucially, how much money should you actually have left in the bank? Taking to the r/HousingUK Subreddit, @FG4u2nv asked this very question. Together with their partner, they’re currently making offers – and while they’re excited at the prospect of getting on...

Rising property taxes over the past five years have exacerbated American homeowners' housing affordability struggles, with many reporting that they are now paying much more than they initially budgeted for them.According to a new survey by property tax appeal service Ownwell, 66 percent of homeowners in the U.S. say their bill is higher than they budgeted for, while three in four (74 percent) are worried about paying even more in the near future.Why It MattersBetween 2019 and 2024, property tax bills have gone up in nearly every U.S. metropolitan area,...

The expert shared the 'tough facts' sellers need to hear as homeowners keep making 'the same mistakes over and over'The expert shared advice for homeowners keen to sell (stock photo)(Image: Getty)A property expert has warned that homeowners make "the same mistakes over and over" when trying to sell their property. Terry Fisher, from We Buy Any Home, acknowledged that the UK housing market is experiencing turbulent times.However, the expert says he's identified the tough facts sellers need to hear before taking the plunge to maximise their chance of success. Terry...

People are casually browsing Rightmove with no intention of buying a house (Picture: Metro/ Getty) ‘My husband thinks I’m a tad unhinged,’ says Georgia Lewis, 49. ‘When I should be working, he’s caught me on Rightmove and asks: “What are you looking at now? Oh more property porn.”‘ Although Georgia has no intention of selling her London home anytime soon, she admits to scrolling through property websites at least a few times per week.  ‘I live a very rich fantasy life when it comes to houses I’m never going to...

The top housing market in the U.S. this spring season is a heartland hub where the typical home costs an impressive $200,000 less than the national median. Toledo, OH, a city of 265,000 people situated on the western tip of Lake Erie, claimed the No. 1 spot in the latest Wall Street Journal/Realtor.com® Housing Market Ranking through a winning combination of strong demand, quick market pace, and impressive price growth compared with a year ago.   Although a midsized city, Toledo—located about 60 miles from Detroit—attracted outsized attention from homebuyers during the first three months...

A chill has fallen over the US housing market. The typical American home is selling at its slowest pace in six years, according to a new Redfin report. Competition between buyers declined as the supply of homes hit a five-year high. The fresh data, first reported by Mansion Global, reveals that the post-2020 heyday of multiple offers, bidding wars and hair-trigger buyers is well and truly over. Homes haven’t spent this long on the market since 2019. moodboard – stock.adobe.com Inventory has been piling up this year amid uncertainty and...

Landlords tell The i Paper increasing regulations could lead them to selling up in the UK and investing in properties abroad Rent controls could drive landlords out of the UK as they feel the market is becoming “too restrictive” and “unprofitable”, they have warned.The Renters’ Rights Bill (RRB), although not yet finalised, is expected to pass into law by the summer of 2025.Intended to give tenants greater protection, it spells the end of Assured Shorthold Tenancies – the most common type of agreement if you rent to private individuals.Instead, tenancies...

Trump's Tariffs could see iPhone prices jumpDue to President Donald Trump's new import tariffs, the price of the iPhone could rise by up to 43% in the U.S.unbranded - NewsworthyCorrections & Clarifications: The story has been updated throughout to include, correct and clarify nuances of the industry and to correct an error. The National Association of Realtors location was misstated in an earlier version of the story. NAR is based in Chicago. A new policy clarifying how homeowners may list their properties for sale may instead sow confusion and friction in...

The movement to drastically cut and even eliminate property taxes, which local governments heavily rely on to fund crucial public services, is gaining momentum in Republican-led states across the country.Four states—including Florida, Illinois, Kansas and Pennsylvania—currently have plans to eliminate property taxes entirely. Others—including Texas and Montana—are trying to significantly reduce them.In Florida, Republican Senator Jonathan Martin introduced Senate Bill 852 after Governor Ron DeSantis expressed on X earlier this year his support for eliminating property taxes entirely."I agree that taxing land/property is the more oppressive and ineffective form of...

Lauren had been living in Los Angeles for close to 10 years when she decided she was ready to buy a home - but found she was outpriced in her home countryLauren found the perfect home close to Florence(Image: Anadolu via Getty Images)After a decade in Los Angeles, 29-year-old American Lauren Scott was ready to take the plunge and buy her own home. She embarked on her property journey back in 2019 with a hefty $400,000 (£309,900) budget but as 2020 brought in the pandemic, she found herself outpaced by...