Investa Asset Management LLC
Call 512-800-8300 for more info

Archive for the UK Real Estate Category

The zero rate trap – The Economist 09-18-15

Salient to Investors: No Fed tightening was a sensible decision. The Fed is in a trap: low interest rates have raised global equity markets, whose collapse in August helped in preventing the Fed from raising rates. Most British homeowners have variable rate mortgages so while interest rate cuts staved off a potential

READ MORE...

Taxed Out of Mansions, London Investors Head Down-Market – BloombergBusiness 08-06-15

Salient to Investors: Even the wealthiest property investors are fleeing London’s best districts due to higher sales taxes of up to 12% on the amount above £1.5 million. Camilla Dell at Black Brick Property Solutions said clients are spending an average of £2 million less on each transaction this year and are

READ MORE...

U.K. Buy-to-Let Real Estate: Headed for Mayhem? – Bloomberg 07-16-14

Salient to Investors: Economists say a rise in interest rates or falling prices could repeat the record high repossessions of private-landlord homes after the 2008 financial crisis. 1 in 3 economists predict an increase this year in the BOE rate. The BOE’s loan-to-income cap does not apply to buy-to-let, the

READ MORE...

Jeremy Grantham’s Bullish Two-Year Outlook – Barron’s 11-19-13

Salient to Investors: Jeremy Grantham at BMO writes: The Greenspan-Bernanke policy of excessive stimulus, now administered by Yellen, will continue, and that the path of least resistance, for the market is up. It would take a severe economic shock to outweigh the effect of the Fed’s relentless pumping of the

READ MORE...

U.K. RICS House-Price Index Hits 11-Year High on Help to Buy – Bloomberg 11-12-13

Salient to Investors: A RICS index increased to the highest since June 2002. Mortgage lending climbed to the highest level in almost 6 years in Q3. The gap between demand and supply widened to the most since May 2009. RICS said house prices are expected to continue rising in all

READ MORE...

Priciest London Homes Lose Shine as Sellers Aim Too High – Bloomberg 11-06-13

Salient to Investors: Price gains for London’s most expensive homes have stalled this year on tax rise concerns and high asking prices. Savills said London houses and apartments valued at more than 15 million pounds showed almost no gain in the year through September, versus a rise of 5 percent

READ MORE...

Bubble Trouble Seen Brewing in Australia Home Prices – Bloomberg 11-06-13

Salient to Investors: Housing in Australia accounts for 60 percent of average household wealth versus a global average of 45 percent. Average household debt has been near 150 percent of annual income since 2006 versus 135 percent in the US. House prices have not fallen more than 10 percent in

READ MORE...

Central Banks Drop Tightening Talk as Easy Money Goes On – Bloomberg 10-23-13

Salient to Investors: Continued stimulus on cooling global growth led by weakening in developing nations amid stagnant inflation and job growth in much of the industrial world risks inflating asset bubbles central bankers will have to face later. Talk of unsustainable home-price increases is spreading from Germany to New Zealand,

READ MORE...

U.K. Hometrack House Prices Rise in Strongest Market Since 2007 – Bloomberg 09-01-13

Salient to Investors: Hometrack said average house prices in England and Wales were up 1.8 percent from a year earlier, the most since July 2010, adding to evidence of a mini-boom in the housing market, as mortgage approvals reached their highest since 2008. The average time taken to sell a property

READ MORE...

This fund tracks 36 bubbles—and 33 have completely popped – Quartz 08-06-13

Salient to Investors: Jeremy Grantham’s GMO claims that of the 36 major bubbles it says it tracks, 33 have completely popped, or returned to their prior trends. GMO’s more recent predictions, the Australian and UK housing market bubbles, have yet to pop. James Montier at GMO says investors are being

READ MORE...