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...Many of those leaving Tokyo are young families, says Kaz Harada, an estate agent at Tokyo company Hikari Home. “They move to enjoy nature, traditional Japanese culture and cheap rent.”...
...purchase tax he has to pay, which is typically 5.8 per cent on all homes more than five years old, John, who declined to give his real name, will pay €775,000 for the home, and an additional €20,000 towards estate...
...But being the lender to real estate folks is better in this rate environment and you get the property as collateral.”...
...Vickey Barron, a New York estate agent looking to buy a home in the area, recently visited two homes for sale in popular buildings between Fifth Avenue and Madison Avenue, both priced around $3mn....
...“Sellers are having to continue to rein in their price expectations,” says Lucian Cook, head of UK residential research at estate agent Savills....
...“Recent stock market gains have enhanced the purchasing power of higher-end consumers,” says Jonathan Miller, professor of residential real estate at Columbia University in New York....
...Hugo Guest with his mother in 1993 at their Devon farm Hugo and his wife Olive with their two children in Glebe House, a late Georgian manor, today....
...“My partner would go [to homes] and take pictures, basically doing what a real estate [listing] would do in the US,” he says....
...“A couple of years ago, with rates on loans at 2 or 3 per cent, any real estate deal was profitable,” says Randy Nichols, a developer in Denver, in the US....
...In inner London, rents have climbed 13 per cent in a year, according to Hamptons estate agents....
...In contrast with the fall-off in domestic sales, demand from international buyers in Paris remains strong, according to Yves Romestan, chief executive of YRSA Progedim, an estate agency that covers Paris...
...Aneisha Beveridge, head of research at the estate agency, says this is in part due to fewer homes for sale in Oxford’s pricier northern neighbourhoods, where those who don’t need to sell their homes wait...
...Most holiday-home buyers on the island are mainland Spanish or French, says Nick Cook, from estate agents Home Menorca....
...There was nothing he could have done, says McCosh, 46, a trained chartered surveyor, who manages the estate full time....
...In Manhattan, the number of cash purchases as a proportion of all transactions has set a new record in each of the last three quarters, and now stands at 65 per cent, according to estate agent Douglas Elliman...
...“The default assumption among the estate agents as well as all the neighbours was that we would knock the house down and build a new one.”...
...Since the European Central Bank started raising interest rates in July 2022, home sales have fallen up to 35 per cent, according to Yves Romestan, chief executive of YRSA Progedim, an estate agency that...
...Median sale prices increased from $850,000 in the first three months of 2019 to $1.4mn three years later, according to Douglas Elliman estate agents....
...But Yves Romestan, chief executive of YRSA Progedim, an estate agent who covers Paris, Monaco and Nice, says it is holding back Nice’s property market....
...Local estate agency Betterhomes — whose average sale price is around $600,000 — recorded a 220 per cent increase in purchases by Russians last year....
...Estate agency Savills predicts that new-home sales will drop from 145,000 in 2022 to 90,000in 2023....
...“Last year, business was very difficult: those who work in start-ups, finance or real estate are much less confident about buying homes.”...
...marble and glass, the gold-haloed, heavenly creature who hovers over a star-strewn, lapis-blue background marks the entrance to the school, elusively located in the basement of a north-west London council estate...
...The growth in London buyers between 2019 and 2022 was higher in Wiltshire — a mostly rural county — than in any other local authority in England, according to Hamptons, the estate agency....
...“Buyers are very aggressive and making lowball offers: they are out looking for deals right now,” says Sally Gardner of Tahoe Estates Group, a local estate agent....
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