Monthly Archives: March 2014

Architect fined for altering listed building

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In tight market, pre-listing sites becoming popular

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  (Jonathan Ernst/REUTERS) Jill Chodorov, a real estate agent with Long Foster, writes an occasional column about local market trends and housing issues. Like many house hunters in the District’s hot real estate market, several of my clients have found themselves on the losing end of a bidding war or priced out of the home of their dreams. The combination of low inventory and high demand has pushed homeownership out of reach for them. Now many agents, like me, are trying another tact: houses Read more [...]

Listed IFA’s post-RDR fee move boosts profits

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Specialist advice firm Frenkel Topping has reported a 35 per cent rise in profit before tax after increasing its profit margin to 64 per cent last year.The firm, which provides advice on the investment of personal injury and clinical negligence awards, reported profit before tax of just under £1.4m for 2013, up from just over £1m in the year before.Last year (3 May) Frenkel Topping told FTAdviser it would be able to retain 25 per cent more of its fee Read more [...]

Tail-end of distressed sales

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DISTRESSED property sales starting to dry up. Source: News Limited IMPROVED market conditions since the end of the Global Financial Crisis means distressed property sales are starting to dry up. While there are still 11,437 distressed properties listed for sale nationally, according to new analysis from SQM Research that only equates to 3.3 per cent of what is being Read more [...]

Property set to heat up prior to Easter with 20 homes over $2 million sold in …

Posted on by Listify Me
A weekend of high auction clearance rates bodes well for the three weeks leading to Easter, Australian Property Monitors senior economist Andrew Wilson says. Auction clearance rates in Sydney were at 81.5 %, up from 77.9 % last week, with 682 listings. The median price for houses was $1,025,550 while the median price for apartments was $729,000. This result was well up on the average prices for the same weekend last year, with Sydney houses at $930,000 and apartments $644,000. “We are seeing real Read more [...]

Tetra Pak Heir Hans Rausing buys Roman Abramovich’s £28.5million Chelsea …

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Hans Rausing, 50, is set to move from his Belgravia mansion Tetra Pak heir worth £4.4bn is said to have paid in cash for Chelsea homeThe £70m Belgravia town house where wife Eva was found will go on saleBy Shari Miller PUBLISHED: 16:25 GMT, 23 March 2014 | UPDATED: 17:24 GMT, 23 March 2014 Super-rich Hans Rausing will move from his Belgravia mansion - where his wife tragically died from a drug overdose two years ago - after snapping Read more [...]