‘Unrealistic’ prices primary reason for properties failing to sell, surveyors say Home-owners’ “excessive and unrealistic expectations” about the price their properties are worth will be the biggest block to closing sales this year, according to a report published this morning. Research from the Society of Chartered Surveyors Ireland (SCSI) says that overly-optimistic expectations is […]
Dec 14The way we buy and sell houses is about to change
All property title queries will be dealt with and resolved in advance of contract signing From January 1st, 2019, the buying and selling of houses and other real estate will move to a pre-contract investigation of title (PCIT) system. This will mean that all sellers, through their solicitor, will need to produce title packs pre-contract. […]
Nov 12Majority of estate agents expect house prices to keep rising in 2019
Central Bank and SCSI survey finds expectation of slower rate of property inflation Six out of 10 people working in the property sector expect the pace of house price increases to slow in the coming year, research by the Central Bank and the Society of Chartered Surveyors Ireland (SCSI) has found. The number who expect […]
Oct 03Why does it still take seven months to sell a house in Ireland?
Estate agents and others need to devise a new business model In the midst of many property market challenges, it may be time to evaluate the selling model for houses and some of the chronic inefficiencies in the residential estate agency model. A review of the scant commentary on this reveals that the length of […]
Sep 18House price rises now at lowest level in 15 months
House price rises now at lowest level in 15 months The rate at which property prices are increasing continues to ease off. This is being put down to buyers reaching the limit of what they can borrow due to Central Bank lending restrictions. Figures from the Central Statistics Office (CSO) show residential property prices at […]
Aug 01Sea view boosts property prices by up to 32%, Daft says
Proximity to blue-flag beach can increase a property’s price by €6,000, research shows Properties with a view of the sea can command prices up to 32 per cent higher than a similar property with no sea view, a study has found. Research conducted by property website Daft.ie found that a full sea view adds €11,000 […]
Apr 16House prices forecast to rise by 10% in 2018
Friends First economist Jim Power sees no sign of slowdown in property market House prices forecast to rise by 10% in 2018 <img src=”http://b.scorecardresearch.com/p?c1=2&c2=8946263&cv=2.0&cj=1″ /> Despite signs of a slowdown in house price growth, financial services group Friends First still predicting prices to rise by a further 10 per cent this year. In its latest quarterly […]
Feb 28We have no paperwork to show for our attic conversion, will it affect our house sale?
Many people convert attics believing it has no planning implications but that’s not the case I am in the process of selling my house and the agent mentioned that I may be requested to provide full documentation for any changes or extensions carried out during my ownership period. We converted […]
Nov 14Rents soar 11% to a new all-time high of €1,200 per month
Solving Ireland’s rental market crisis will take time The figures from this Daft.ie Rental Price Report do not make for happy reading for tenants, those worried about homelessness and those whose focus is national competitiveness. Having fallen for almost three years between 2008 and 2011, and then largely treading water until late 2012, rents have […]
Nov 03House building below official figures but growing strongly
Goodbody BER Housebuilding Tracker for September shows 86% growth in building House building remains substantially below official estimates, but there was significant growth during September, according to an analysis by Goodbody. The Goodbody BER Housebuilding Tracker, which is based on building energy ratings, was formed following increasing doubts about the accuracy of official statistics. “Our analysis […]
