Home Improvements

What to Expect from a Reputable Building Insurance Repairs Company

Posted on June 25, 2014 at 9:54 am

If you are looking for a company that offers building insurance repairs, it is important to make sure you get a reputable one that offers exceptional services. This means that it will come through when you need to make a claim without giving you any headaches to enjoy a great working relationship. This way, you can be assured that you will be investing your money in the right hands and that the building will be well taken care of. Other things you can expect from such a company include:

Working with professionals 

The company that extends building insurance repairs should be working with various professionals who are in the building industry. This includes people such as in house architects, builders, building designers and other trades people who can be called upon to handle repairs of a building. This means that if the building has been affected by things such as fire damages, storm damages, water damages and general home repairs, you can be assured that the best person will be on top of the job. This implies that your mind will always be at ease knowing that your property is in safe hands.

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Posted in Home Improvements

Monthly rate of property price growth inside the US moderating

Posted on June 19, 2014 at 8:33 pm

Image Home prices within the United State increased by 0.2% in October and are up 12.5% on an annual basis, in step with the most recent data from residential property information and analysis firm Core Logic.

It is the twentieth month in a row when there was a year on year increase in home prices nationally. If distressed sales are excluded than prices were up 0.4% month on month and 11% year on year.

The CoreLogic Pending House Price Index  indicates that November 2013 home prices, including distressed sales, are expected to stay on the same level month on month as October 2013, with a projected increase of 12.2% year on year from November 2012.
 
‘In October the year on year appreciation rate remained strong however the month on month appreciation rate was barely positive, indicating that house price appreciation has slowed as expected for the winter,’ said Mark Fleming, chief economist for CoreLogic.

‘Based on our pending HPI, the monthly growth rate is anticipated to moderate even further in November and December. The slowdown in price appreciation is positive for the housing market as almost half the states at the moment are within 10% in their respective historical price peaks,’ he explained.

In terms of home price appreciation, the housing market seems to be catching its breath as we head into the ultimate months of 2013, in line with Anand Nallathambi, president and chief executive officer of CoreLogic.

‘The deceleration in month on month trends was anticipated as strong gains in home prices over the spring and summer slow consistent with normal seasonal patterns and the impact of better mortgage rates of interest,’ he added.

Including distressed sales, the five states with the very best home price appreciation were:  Nevada with growth of 25.9%, California up 22.4%, Georgia up 14.2%, Michigan up 14.1% and Arizona up 14%. Including distressed sales, the sole state to teach depreciation was New Mexico with a fall of 0.5%.

Excluding distressed sales, the five states with the top home price appreciation were: Nevada with growth of twenty-two.5%, California up 18.5%, Utah up 13.3%, Florida up 13% and The big apple up 12.4%.

The five states with the most important peak to current declines, including distressed transactions, were Nevada which was down 40.7%, Florida down 37.4%, Arizona down 31.5%, Rhode Island down 29.3% and West Virginia down 28%.

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Posted in Property Solutions

Rooflights and Skylights – Save Your Money and Our Planet

Posted on June 18, 2014 at 7:32 pm

Due to the escalating cost of living, many people are searching proper ways to get rid of extra expenses. When it comes to the home improvements, you can cut down some of your bills with particular installments.

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Posted in Home Improvements

Steady improvement in property prices in Ireland, latest data shows

Posted on June 17, 2014 at 2:24 pm

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Posted in Property Solutions

Sustainable recovery for UK property market predicted for 2014 by NAEA

Posted on June 15, 2014 at 5:34 pm

Image Estate agents expect the united kingdom residential property market to be buoyant in 2014 with a sustainable recovery in prices and sales and no bubble.

A better balance between supply and insist and a more fluid market where moving is reasonable and there’s less friction within the moving process is what’s needed, in line with the National Association of Estate Agents (NAEA).

‘We end this year with market conditions greatly improved, attributable to a reviving UK economy and diverse successful government schemes like Help to purchase and Funding for Lending, and this buoyancy looks set to continue well into 2014. But fears of a housing market bubble are misplaced,’ said Mark Hayward, NAEA managing director.

He identified that transactions, which might be thought of as a higher index than prices, are well down on pre-crisis levels as are levels of home ownership and up to date price increases are small compared to the rapid rises seen pre-financial crash.
 
‘Inevitably, prices in London and the South East may heat up, but within the remainder of Britain the valuables market revival might be even more tepid,’ he explained.

He also said that owning a house continues to be out of reach for lots of people as wages struggle to maintain pace with prices. ‘Much more should be done to make moving more manageable. Specially, reviewing the outdated Stamp Duty system and reducing the upfront costs for first time buyers who still only make up lower than 1 / 4 of all buyers and tend to remain within the minority in 2014,’ said Hayward.

Agents predict that the availability of houses could tighten in 2014, especially larger, family homes which are usually neglected by new build developments. ‘We are seeing a growing number of serious house hunters return to the market so properties are being snapped up quickly. In keeping with our market data, supply remains well down on recent years,’ explained Hayward.

‘In 2013, some 50 properties were available on average per member branch versus more like 60 last year and back in 2008 we were typically seeing figures within the high 90s. We’d like supply to maintain pace with demand in 2014 or prices could escalate unchecked,’ he said.

‘The prospect of prior to expected rate of interest rises should act as a natural brake, but we want this new optimism available in the market to be matched by new homes to be able to get proper, sustainable growth next year,’ he added.

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