Brexit Supporting French Rush To Buy London Homes

In anticipation of Brexit in January, upmarket London homes have been selling in record numbers. Buying more than any other foreign nationality are the French.

During the first nine months of this year, the French were the largest foreign buyers of prime central London real estate. Their share of transactions has jumped from 2% in 2019 to 11%, displaying a rush to secure property before the U.K. concludes its Brexit transition period in January.

“Despite the background noise of Brexit, there is smart money in Europe targeting London,” says Tom Bill, head of U.K. residential research at Knight Frank, which published the figures on Monday (19 October). Earlier research from the real estate consultancy showed that 16% more London houses over £10 million ($13.1 million) had been sold compared to the same period last year. Savills also reported selling more £5 million-plus ($6.5 million-plus) houses than

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‘Fall seems to be new spring:’ S.I. real estate listings, sales jump in September

STATEN ISLAND, N.Y. — At a normally slower time for residential real estate, Staten Island’s housing market saw an uptick in sales and listings in September, according to the latest statistics from the Staten Island Board of Realtors (SIBOR).

At a time of year that would normally signal a slowing of activity in the residential sector, new listings for homes on Staten Island increased 15.5% to 678 in September, as compared to 587 in the same month a year ago, according to SIBOR. In addition, pending sales were up 77.4% to 582, versus 328 in September 2019.

During this time, homes for sale fell 15% to 2,191 units, from 2,579 a year ago.

“The Staten Island real estate market is still rebounding from the COVID-19 shutdown,” said Sandy Krueger, CEO of SIBOR. “Sales are being made across the market spectrum as demonstrated by the median sales price of homes on

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Homes believed lost in north-central Colorado fires

BOULDER, Colo. (AP) — Nearly 3,000 people were forced to flee from a fast-moving fire in north-central Colorado and authorities believe some homes were lost.

The CalWood Fire started around noon Saturday near the Cal-Wood Education Center, which is about 17 miles (27 kilometers) from downtown Boulder. It was pushed by strong winds. The National Center for Atmospheric Research’s Mesa lab recorded gusts of 59 mph (95 kph) on Saturday.

More than 1,600 residences and nearly 3,000 people were under evacuation orders, including the small town of Jamestown, Boulder County officials said.

Based on the path of the fire, officials believe it is likely multiple houses were lost, Mike Wagner, the Boulder County sheriff’s division chief, told the Daily Camera newspaper in Boulder on Saturday.

On Sunday, Wagner said damage assessment teams haven’t been able to get into the area to determine how many homes were lost. A news photographer

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European lawmakers won’t be back in Strasbourg this month

BRUSSELS – European lawmakers won’t be returning to the French city of Strasbourg for next week’s plenary session because of the COVID-19 resurgence in France, the European Parliament president said Thursday.

The session also won’t take place in Brussels, where the virus situation isn’t better than in France.

Instead, European Parliament President David Sassoli said it will be held remotely due to the serious health situation in France and Belgium.

“Unfortunately last night, following a warning from health authorities and information about the virus that’s infecting MEPs, staffers and associates, this possibility vanished,“ Sassoli told a press conference. “Travelling is very dangerous; the situation in Strasbourg is critical and in Brussels it’s very serious.”

Plenary sessions scheduled in Strasbourg, which is the official seat of the European Parliament, have been scrapped since March because of concerns related to the coronavirus. Staff and parliamentarians are mostly based in Brussels but almost

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Vancouver real estate: Prices are up again, what does the future hold?

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Realtor Ian Watt, who specializes in downtown Vancouver condos, where rising inventory has been more pronounced, said the median price in September decreased 10 per cent from previous month, and the median price decreased 14 percent from September 2019.

Housing starts across B.C. in September hit 25,308, down from 33,100 during the same period in 2019.

However, that is comparing housing starts in 2019 that ended up reaching a record high of 44,932, even though most forecasts, including that of the B.C. government, had been for the number at the end of the year to be around 35,000.

“If anything, new home construction has been remarkably strong given what normally happens in a recession,” said Brendon Ogmundson, the BCREA’s chief economist.

He sees the split in the market less pessimistically, but describes the economics as very unusual.

“Instead of seeing falling home sales and rising inventory as

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Two homes offered in close-in neighborhoods

The Devonshire and Briarwood neighborhoods in Dallas are known for their home designs on large lots and winding streets. These communities are close to downtown and provide access to shopping options, restaurants, airports and employment centers.

Here are two homes that Allie Beth Allman & Associates recommends.

Erin Mathews is offering the four-bedroom estate at 9115 Devonshire Drive in Devonshire. Designed by John Astin Perkins for entertaining, this home features an open floor plan, wood flooring, beamed ceilings and large windows. The living quarters and the primary suite with a spa-like bathroom are in a separate wing. Three bedrooms, a game room and a balcony are upstairs. The pool and cabana were designed by Frank Welch. The property includes a fountain-fed water feature and a guesthouse with a kitchenette.

Award-winning builder Shaddock Caldwell, in collaboration with Janson-Luter Architects and F+P Studio Design, constructed the four-bedroom residence at 5116 W. Hanover

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Fire concern prompts stop-sale, US recall for 2019-2020 Hyundai Kona Electric

Hyundai has issued a recall affecting more than 11,000 Kona Electric vehicles in the U.S. and Canada from the 2019 and 2020 model years, due to an issue that could cause the battery to short-circuit and potentially start a fire. 

With the issuance of the recall notice, submitted on October 13 and posted by the federal government Saturday, Hyundai Motor America confirmed to Green Car Reports that it has also asked dealerships to stop the sale of the 2019 and 2020 Kona Electric in the U.S. and Canada—an estimated 1,000 vehicles in the U.S. and 10 in Canada—until the recall remedy is completed.

That includes any Hyundai certified pre-owned Kona Electrics, but it does not include the new 2021 Kona Electric models that will soon start arriving at dealerships and be available for sale.

Including vehicles already delivered, the recall affects the entire population of U.S. Kona Electric models—6,707 vehicles—made

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San Francisco rent prices down 31% as former residents abandon city for more space, cheaper housing amid COVID-19 pandemic

SAN FRANCISCO (KGO) — A new report on housing prices in the Bay Area released Tuesday reveals an obvious trend: people are fleeing high-priced San Francisco for less expensive locations.

According to, the average price for a studio apartment in San Francisco has gone down 31% compared to last September.

That number represents the largest rent price drop for any county in the country, according to

The monthly price for a one-bedroom in San Francisco has also gone down.

RELATED: San Francisco sees record-breaking drop in rent prices amid pandemic, according to Zumper data

The average price is now $2,873, down 24.2% compared to last September.

Housing prices in San Mateo and Santa Clara counties, the heart of Silicon Valley, also took a dip in value.

The average price of a one-bedroom went down 12.5% and 12% respectively year over year.

Lisa Choi has been a resident of

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Ministry organises training course for Qatari real estate brokers

The Ministry of Justice’s Legal and Judicial Studies Centre on Sunday launched a specialised training course for the fourth batch of Qatari real estate brokers, within the framework of licensing procedures under the provisions of Law No. 22 of 2017 regulating real estate brokerage.

The course aims to provide participants with the necessary information and skills to apply the provisions regulating real estate brokerage business in Qatari law by explaining the general provisions of real estate brokerage and the competent authority to regulate and control them as well as the provisions for licensing the practice of real estate brokerage and licensing procedures.
It also aims to introduce to the participants the rights and obligations of the real estate broker and the rules for disciplinary and criminal accountability, explain the general basis of brokerage or mediation contracts and the provisions related to them, and the broker’s obligations in the field of

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How to insure your older home

Your home might be 75 years old, but it’s got character.

If you’re buying an older home that needs a little work done, you’re probably expecting to spend a little extra to get your fixer-upper completed to the standard you want. What you may not expect is that the cost of home insurance is often higher for older homes, and that it can sometimes be difficult to find an insurer willing to cover your pride and joy.

Why? Let’s take a closer look.

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As a general rule, older homes present a higher risk to insurance companies. Here’s why:

First, older homes are more likely to suffer damage. For example, they may have been constructed with out-of-date materials that simply won’t stand up to storm damage. Or the plumbing and electrical wiring may have deteriorated, which can cause expensive damage.

Second, you’ll also need to consider the amount of repair

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