• Cedar House, Caen St, Braunton EX33 1AH

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Could Purplebricks go bust? Apparently not, says analyst

An analyst on shares website Motley Fool says Purplebricks is not only in surprisingly strong financial health, but is actually outperforming some longer established bricks-and-mortar agencies. The Motley Fool analyst in question, Karl Loomes, says his favourite metric for looking at company health is called the Altman Z-Score – a test… Source: Estate Agent News

Supply and sales fall as London and the south drag down market

The latest asking prices data from Rightmove suggests that the national housing market is being dragged down by poor performance in London and the south. The price of newly-marketed property across Britain as a whole rose an average 0.3 per cent or some £1,058 in the past month.  Four northern regions saw… Source: Estate Agent […]

Property Jobs Today – key moves in and about our industry

Hello and welcome to the latest edition of Property Jobs Today – the Monday slot where you can catch up with who’s going where and why. Everyone here contacted us on press@estateagenttoday.co.uk and if you do the same with your firm’s jobs news, we will of course tell the industry. Let’s start… Source: Estate Agent […]

One in 10 Britons has a second home, buy to let or overseas property

Some 10 per cent of Britons now own a second home, a buy to let or an overseas property according to new research by the Resolution Foundation.  Game of Homes – a report funded by the Nuffield Foundation – looks at the growth of additional property wealth over the last two decades. It… Source: Estate Agent […]

Want to sell more homes more quickly? Then close the office early…

A survey suggests there’s no firm correlation between a traditional agency’s opening hours and its performance in selling property – and in fact it may be doing its clients a favour by opening less. Data from comparison website GetAgent suggests that there is no obvious benefit for estate agents who stay… Source: Estate Agent News