Month: June 2022

8.1% of Fife Property Sellers Reduce Their Asking Prices as the Property Market Starts to Return to Equilibrium (Watch/Read/Listen 4 min)

 

PODCAST: https://anchor.fm/fife-properties/episodes/8-1-of-Fife-Property-Sellers-Reduce-Their-Asking-Prices-as-the-Property-Market-Starts-to-Return-to-Equilibrium-e1kjf1m

 

  • 143 of the 1,762 properties brought onto the market in the Fife area have in the last 3 months have had a price reduction.
  • The average reduction has been 6% of the original asking price.
  • This is great news for Fife home buyers and Fife buy-to-let landlords, strangely Fife house sellers as well.

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FP TV (EP 97) LET THE SUNSHINE IN: Add thousands to your home fast with easy summer styling (Watch/Read/Listen)

PODCAST: https://anchor.fm/fife-properties/episodes/LET-THE-SUNSHINE-IN-Add-thousands-to-your-home-fast-with-easy-summer-styling-e1knl9g

 

Long summer days aren’t only for sizzling barbecues, seaside escapes and watching Wimbledon; they’re also when homes look their best.

 

Everything is in your favour at this time of year: flowers in bloom, warmer weather and sunny blue skies put everyone in a good mood, and there’s still nowhere near enough property for sale in Fife to satisfy demand.

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EP 25 THE WEALTH CREATION SHOW: Doing It For The Kids (Watch/Listen)

 

PODCAST: https://anchor.fm/fife-properties/episodes/EP-25-THE-WEALTH-CREATION-SHOW-Doing-It-For-The-Kids-e1kge43

 

Property has stood the test of time as a solid way to create wealth with an asset that’s forever in demand and can never disappear overnight.  And while nobody can predict what lies ahead, there are steps you can take to accelerate your goals in life, plan a comfortable retirement, and give your children a valuable head-start.

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The Shifting Fife Property Market (Watch/Read/Listen )

 

PODCAST: https://anchor.fm/fife-properties/episodes/The-Shifting-Fife-Property-Market-e1k5al6

  • The Fife property market is on the verge of a ‘tipping point’.
  • The rate of house price growth has started to ease with a reduction in the number of properties that will sell in Fife in the coming 12 to 18 months.
  • Yet, rising interest rates and the cost-of-living issues won’t knock everybody out of the property market and there shouldn’t be a housing bubble for two vital reasons.

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EP 24 THE WEALTH CREATION SHOW: Rental Yields (Watch/Listen)

 

PODCAST: https://anchor.fm/fife-properties/episodes/EP-24-THE-WEALTH-CREATION-SHOW-Rental-Yields-e1k6lnl

 

In this episode Jim Parker and Kerin Marshall talk about financial management which is at the heart of every successful business. As a landlord, the rental yield of a buy-to-let can affect whether you buy a property in the first place. After that, it can help you monitor your investment’s ongoing profitability and performance.

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FP TV (EP 96) THE PRICE ISN’T RIGHT: How to spot and stop your home being overvalued (Watch/Read/Listen) 4 min)

 

PODCAST: https://anchor.fm/fife-properties/episodes/FP-TV-EP-96-THE-PRICE-ISNT-RIGHT-How-to-spot-and-stop-your-home-being-overvalued-e1k44vq

 

With prices still rising and very few homes on the market, it seems incredible that 1 in 20 asking prices were slashed in May. The figures from Zoopla show an average drop of 9% (or £22,500); the biggest discount margin for 18 months.

 

House prices rose by 11.2% year-on-year in May, slightly down on the 12% from April to April but still a substantial increase. So why are homes being reduced in price?

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