A second home need not be just a distant dream
Posted on May 19th, 2011
Among the gloom of the housing market one small beacon continues to shine: the second home sector grew again last year, rising marginally on 2009′s strong performance, according to the latest data from estate agents Knight Frank.
The rise means there are now 245,750 homes across England that have been brought as holiday homes or lets. And although the increase was just 500 or so properties, Liam Bailey, the head of residential research at Knight Frank, says it proves that the 2.6 per cent growth in 2009 was not an aberration.
The increase also confirms that despite all the concerns about the mortgage market, financing a second home is still possible, whether you fancy joining second homers in UK hotspots such as Berwick-upon-Tweed, the South West or Norfolk, or have set your sights on Europe and beyond.
“The second home market keeps expanding, which points to the fact that lenders are targeting affluent borrowers.
Tags: Home, Second Home
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31212 Kingsway Rd, Georgetown, TX 78628 – Berry Creek
Posted on May 19th, 2011
Neighborhood: Berry Creek MLS Number: 8406534 1,908 sq ft (per builder), 3 beds, 2 baths Lot size: 13,721 sq ft (.31 acres)
Sweeping views of Berry Creek Golf Course and water features. Beautiful custom home with arches, high ceilings, art niches, wood flooring, granite countertops, custom lighting, columns, large windows, tons of storage, closets and linen closets. Huge family room highlighted with wood burning fireplace, fan, wood floors. Open to the formal dining area. Kitchen has built-in microwave, range, pantry, granite, stainless steel appliances, breakfast bar, separate breakfast area.
Tags: Berry Creek, Creek
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5202 Summer, Austin, TX 78741 – Crossing Gardenhomes
Posted on May 16th, 2011
Neighborhood: Crossing Gardenhomes 02 MLS Number: 5585691 901 sq ft (per tax record), 2 beds, 1 bath Lot size: 4,748 sq ft (.11 acres)
Beautifully Updated Home! Hardwood Floors, and Hard Tile! Architectural Features and Unique Design! Functional Floorplan feels Larger! Bay Window in Dining w/Sliding Door to your Large Backyard! Master has Separate Entrance to Bath with Oversized Jetted Tub, and Private Sliding Door to Access Patio and Yard! Community Swimming Pool to Cool off and Relax in! Easy Access to Several Highways and still Minutes to Downtown, Lady Bird Lake, and Airport!
Today’s New Listings 5-12-2011
Posted on May 10th, 2011
- 2918 Ranch Road 620 N
- 2016 Shadowbrook CIR
- 15835 Garrison
- 813 Old Mcdade
- 1510 North Loop, Unit 424
- 169 Keanahalululu
- 300 San Gabriel Village, Unit 622
- 10025 Janet LOOP
- 909 Austin Ave
- 603 48th
- 12401 Los Indios TRL, Unit 25
- 4202 Deepwoods
- 916 Electra
- 1322 County Road 105
- 1523 Lobo Mountain LN
- 1905 Patriot DR
- 104 Columbine
- 8500 Andes CV
- 4509 Bunny RUN, Unit 6
- 13021 Partridge Bend
- 215 Sailors RUN
- 6715 Windrift WAY, Unit 26
- 1601 Windy Hill
- 3905 Bowhill DR
- 2124 Burton, Unit 149
- 9016 Texas Oaks DR
- 14603 Bern
- 267 Gladys
- 5907 Hudson Bend Rd
- 7745 Little Deer TRL
- 6205 Orleans
- 5320 Bahan
- 305 Bowser ST
- 2001 Horizon Park BLVD
- 2017 Maize Bend
- 6909 Creedmoor DR
- 6083 Negley, Unit B
- 512 Eberhart LN, Unit 704
- 1036 Liberty Park Dr, Unit 29
- 3408 Lohman Ford RD
- 110 Country Side
- 8906 Scotsman
- 206 Sheldon Lake Drive
- $278,000 – 30602 Saint Andrews
- 110 Emory Peak
- 1109 Ritter
- 17545 Reed Park, Unit 3
- 4008 Remington RD
- 803 Apache Mountain
- 137 Inca Dove
Home repossession figures jump by 15%
Posted on May 9th, 2011
Home repossessions have risen for the first time since the autumn of 2009, jumping by 15% during the early part of this year.
A total of 9,100 properties were taken over by lenders during the first quarter, 15% more than in the previous three months and the first increase since the third quarter of 2009, according to the Council of Mortgage Lenders.
The increase has been driven by high unemployment, with the latest figures showing 2.48 million people are out of work, as well as rising living costs, higher taxes and muted wage growth.
Although the number of people who lost their homes was 10% lower than in the first quarter of 2010, the CML expects repossession numbers for the whole of 2011 to be higher than last year at 40,000, up from 36,300, as households continue to face a squeeze on their budgets.
Tags: Home Repossession, Jump
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