Fife Housing Boom Archives - Fife Properties
Fife Properties

Tag: Fife Housing Boom

ZOOPLA UK House Price Index Sept 2022 (Watch/Listen)

 

 

PODCAST: https://anchor.fm/fife-properties/episodes/ZOOPLA-UK-House-Price-Index-Sept-2022-e1q4s9k 

 

ZOOPLA UK House Price Index Sept 2022

Executive summary

  • Spike in 2 and 5 year fixed mortgage rates hits demand, down a third since mini budget
  • Sales still being agreed at slower rate, from cash buyers and those with cheap loans -pipeline of nearly 293,000 sales in progress
  • No signs of any impact on pricing expected in Q4
  • Outlook for 2023 depends largely on trajectory for mortgage rates
  • Sustained 6% mortgage rates would lead to double-digit price falls eroding ‘paper’ gains over pandemic but few negative equity cases
  • More likely outcome is a fall in mortgage rates towards 4% and a modest decline in house prices of up to 5% over 2023 with 1m sales
  • Robust labour market and scarcity of supply will support pricing but markets in southern England to feel the greatest impact

 

#UKHousingMarket #HousingBoom #HousingBust #HousingSupply #FifeProperties

Fife Houses Prices up 14.8% in the last Year! (watch/read/listen)

 

PODCAST: https://anchor.fm/fife-properties/episodes/Fife-Houses-Prices-up-14-8-in-the-last-Year-e1bojad

 

The UK House Price index has been released for October 2021 and it makes interesting reading.

House prices in Fife have increase 14.8% (down from last month of 15.6%) as opposed to the Scottish Average of 11.3%.

The average house price is now £164,623 (last month £161,922), an increase of £21,255 over the year.

Fife seems to still be more affordable than other areas of the country as you can see by the graph below: Continue reading Fife Houses Prices up 14.8% in the last Year! (watch/read/listen)

Is the Fife Property Market Running Out of Steam? (Watch/read/listen)

 

PODCAST: https://anchor.fm/fife-properties/episodes/Is-the-Fife-Property-Market-Running-Out-of-Steam-e1acjag

 

In recent articles on the Fife property market, I have been talking a lot about house prices over the last 12 months and 5 years in Fife.

 

When it comes to newspapers talking about the property market, the headline most people look at is what is happening to house prices. Continue reading Is the Fife Property Market Running Out of Steam? (Watch/read/listen)

Fife Homeowners to Face Post-Lockdown Mortgage Rate Rise of £425 a Year (Watch/read/listen)

 

PODCAST: https://anchor.fm/fife-properties/episodes/Fife-Homeowners-to-Face-Post-Lockdown-Mortgage-Rate-Rise-of-425-a-Year-e19js0d

 

With grocery, energy and other household prices/costs rising and hitting everyone’s back pocket, inflation (rising prices) may feel like an unimportant issue when it comes to the cost of keeping a roof over your head.

 

Yet nothing could be further from the truth for many Fife homeowners and Fife landlords. Continue reading Fife Homeowners to Face Post-Lockdown Mortgage Rate Rise of £425 a Year (Watch/read/listen)

FP TV (EP 46) Is Fife Heading Towards a House Price Crash? (Watch/read/listen)

 

PODCAST: https://anchor.fm/fife-properties/episodes/FP-TV-EP-46-Is-Fife-Heading-Towards-a-House-Price-Crash-e13s29j

 

Fife house prices dropped by 1.8% last month, according to the Land Registry.

This means the annual rate of house price growth in Fife has eased to 8.7%, a little way off the 10.8% yearly rate experienced only a few months ago. Don’t get me wrong, this is still decent growth in local house prices in anyone’s eyes, yet the ‘pedal to the metal’ growth rates seen only a few months ago do appear to be easing. Continue reading FP TV (EP 46) Is Fife Heading Towards a House Price Crash? (Watch/read/listen)

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