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US Renters paid a record-high $512.4bn in rent in 2019 alone, nearly twice what they paid in 2009, Zillow analysis found. The current median rent is $1,600 per month, up 2.3% from a year ago. Rent prices have been on the rise since 2012, while they saw the biggest increase of 6.5% in the year […]
The post US renters spent $4.5 trillion on housing this decade appeared first on PropertyWire.
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Case volumes among advisers were steady in Q3 2019 despite the political uncertainty, according to the Intermediary Mortgage Lenders Association’s (IMLA) Mortgage Market Tracker. The average number of Decisions in Principle (DIPs) that intermediaries dealt with in Q3, 2019 has remained stable at 28 from the previous quarter (27). A divide in case volumes between […]
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Uncertainty around the General Election and Brexit stifled housing market activity in November, the RICS UK Residential Market Survey said. Some 9% more surveyors saw a decline in new buyer enquiries than an increase. The number of newly agreed sales also fell by a net 8%, though this made better reading than falls of 18% […]
The post RICS brands market activity ‘stagnant’ ahead of election appeared first on PropertyWire.
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Zoopla is set to hire 120 new employees in 2020 in product development, software engineering and data analysis. Roles will be created in marketing, customer success and other business support functions. Charlie Bryant, chief executive of Zoopla, said: “We have ambitious growth plans for 2020 and the creation of 120 new roles will be vital […]
The post Zoopla to create 120 skilled jobs in 2020 appeared first on PropertyWire.
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Rental app Movebubble has hired Chris Browne as sales director with immediate effect. Browne, formerly new homes director at Zoopla, has over 30 years working in the estate agency, new homes and property portal sector. At Movebubble he will take ownership of defining the sales strategy and expanding key partnerships. Aidan Rushby, chief executive at […]
The post Movebubble hires ex-Zoopla’s Chris Browne appeared first on PropertyWire.
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Spicerhaart Part-Exchange & Assisted Move increased sales by two thirds (67%) in terms of both volume and value in 2019 compared to the year before. The business took on two area negotiators during the year in Lucy Folly and Yuella Hutton, who both came from the retail sector. Folly covers South Yorkshire and the East […]
The post Spicerhaart Part-Exchange upped sales by two-thirds in 2019 appeared first on PropertyWire.
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Now is a good time to sell property in Fife, Scotland, according to property consultancy Galbraith. Between July and September 2019 there were 36% more viewings than the same period last year. The number of properties brought to market through Galbraith in Fife was up 6% year-on-year. Towns in Fife include Dunfermline (pictured), Kirkcaldy and […]
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Blueground, a company which provides furnished apartments to rent for work-related travellers in various cities, is expanding into London in 2020. The company was founded in Athens, Greece, but now operates in Istanbul and Dubai, as well as six US cities including New York and San Francisco. While the plan is to launch in six […]
The post Rental property provider for businesspeople to launch in London appeared first on PropertyWire.
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The Republic of Ireland economy is set to grow at a slower rate next year, economist Petrox Petros Varthalitis of the Economic and Social Research Institute has predicted. The Irish economy saw GDP increase by almost 6% in 2019, but this is expected to fall to 3.3% in 2020. Varthalitis said the Brexit process has […]
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Key Group has promoted Russell Warwick from strategy director to group B2B distribution director. Warwick previously spent 25 years at Prudential, joining Primetime Retirement as managing director. He will focus on building and promoting relationships with business partners on behalf of all Group brands, including Key Partnerships, more2life and AiR Group. Russell Warwick, Group B2B […]
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