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Dublin: 13 °C Wednesday 15 July, 2020

#property crash

From TheJournal.ie Catching a fugitive: How ex-solicitor Michael Lynn stayed on the run for eight years Boy In Brazil

Catching a fugitive: How ex-solicitor Michael Lynn stayed on the run for eight years

Facing criminal charges, he could soon be back in Ireland.

From TheJournal.ie Johnny Ronan use of notorious Nazi work slogan 'beyond comprehension': Shatter You What?

Johnny Ronan use of notorious Nazi work slogan 'beyond comprehension': Shatter

The Fine Gael TD said the phrase was “synonymous with Nazi inhumanity”.

From TheJournal.ie Young people might have to delay flying the nest due to rising rents She's (not) Leaving Home

Young people might have to delay flying the nest due to rising rents

New research suggests that young people were able to leave the family home sooner than ever before after the financial crash.

From TheJournal.ie Ireland's first-ever online property auction has been suspended because the website crashed Property Crash

Ireland's first-ever online property auction has been suspended because the website crashed

The auction, run by Allsop Space, had been due to finish this morning before hitting major technical difficulties

From TheJournal.ie On the green: NAMA nets €5 million for €80 million Kildare golf resort Done Deal

On the green: NAMA nets €5 million for €80 million Kildare golf resort

Original development costs for Moyvalley resort could have been as high as €80 million.

From TheJournal.ie Bankrupt Jillian Godsil takes constitutional challenge to run in elections Courts

Bankrupt Jillian Godsil takes constitutional challenge to run in elections

The campaigner is fighting to be allowed run in upcoming elections, despite her bankruptcy.

From TheJournal.ie Almost 50,000 mortgages have now been restructured Property Crash

Almost 50,000 mortgages have now been restructured

The Department of Finance’s latest figures shows the number of accounts in arrears has fallen since October last year.

From TheJournal.ie Column: The fall of the Celtic Tiger – what next? Opinion

Column: The fall of the Celtic Tiger – what next?

The scale of the economic and financial catastrophe that befell Ireland was virtually unprecedented in post-war industrial country history; we need to examine the inadequacies of the Irish policymaking process, write Donal Donovan and Antoin E Murphy.

From TheJournal.ie Over 43,000 homeowners in arrears could have properties repossessed Housing

Over 43,000 homeowners in arrears could have properties repossessed

The property owners are at risk of legal action once banks’ ability to seek repossession is restored following the passing of new legislation, a new report states.

From TheJournal.ie Column: Tenants shouldn't pay the price for landlords struggling with mortgage repayments Opinion

Column: Tenants shouldn't pay the price for landlords struggling with mortgage repayments

There’s a crisis in the buy-to-let sector due to landlords falling into mortgage arrears and innocent tenants are getting caught in the chaos. Receivers have to realise people renting properties are not commodities, writes Bod Jordan.

From TheJournal.ie Best place for US business folk to retire? Ireland. Fáilte

Best place for US business folk to retire? Ireland.

Wall Street Journal sister site MarketWatch recommends Ireland as its top spot for a happy retirement.

From TheJournal.ie Clare hotel and Dublin Georgian house in distressed property auction Auction This post contains images

Clare hotel and Dublin Georgian house in distressed property auction

The Kilkee Bay Hotel has a maximum reserve of €315,000 while a bar in Clifden, Galway has a reserve of €450,000.

Here is the week's news...skewed

Breaking via The Mire wire: Kerry priest tells children there is no God; Government pledge to help homeowners become homeless; Craig Doyle = why?

From TheJournal.ie Property market could need decades to recover from bust, says Central Bank Property Crash

Property market could need decades to recover from bust, says Central Bank

A working paper shows Ireland’s property crash is among the most drastic in the world – and it may take years to recover.

From TheJournal.ie Block of 119 apartments for sale for €26m Property This post contains images

Block of 119 apartments for sale for €26m

Development in Ranelagh, Dublin 6 being put to market with apartments, office space and car parking in one lot.

From TheJournal.ie Sacred Heart convent in Roscrea for sale for €100,000 Distressed Property

Sacred Heart convent in Roscrea for sale for €100,000

Latest distressed property features former convent in Tipperary with top reserve price of €100,000.

From TheJournal.ie NAMA says it will give 2,000 homes for social housing. So far: there's just 58 NAMA

NAMA says it will give 2,000 homes for social housing. So far: there's just 58

NAMA had planned to fill 2000 homes by the end of 2012.

From TheJournal.ie Entire Kerry housing estate sells for €235,000 at property auction Distresed This post contains images

Entire Kerry housing estate sells for €235,000 at property auction

A castle in Kildare sold for €195,000 after attracting huge interest from buyers at the Allsop property auction.

From TheJournal.ie The maps that explain the state of Ireland's property market right now Property Crash

The maps that explain the state of Ireland's property market right now

Researchers at AIRO have put together the maps which show average prices and rents for more than 1,000 areas across the country over the past five years.

From TheJournal.ie Central Bank paper suggests house prices have 'over-corrected' Property Crash

Central Bank paper suggests house prices have 'over-corrected'

A research paper tries to examine why Irish house prices keep falling – and suggests the drop has gone too far.

From TheJournal.ie Would you like a house for €15,000? Property This post contains images

Would you like a house for €15,000?

It’s in Cavan but it’s a two-bed semi-detached – just one of the ‘distressed’ properties in latest auction.

From TheJournal.ie Poll: Is now a good time to buy a home? Your Say This post contains a poll

Poll: Is now a good time to buy a home?

Two house price reports are out today – both say house prices still falling, but one says that slide is now very slow. Tell us what you think…

From TheJournal.ie Eamon Ryan: Greens predicted property crash but didn't do enough to warn people One Year On

Eamon Ryan: Greens predicted property crash but didn't do enough to warn people

In the final part of the series of interviews with politicians, Eamon Ryan explains how he hopes people will be willing to vote for the Green Party again by the next election

From TheJournal.ie Reverse-bid auction “our only chance to sell our home” Backwards Bid

Reverse-bid auction “our only chance to sell our home”

Following TheJournal.ie’s story on unusual house sale in Westmeath, another Midlands couple says negative equity has forced them to look at alternative. But will it work?

From TheJournal.ie Column: House prices need to fall further, or our economy is in danger Opinion

Column: House prices need to fall further, or our economy is in danger

Have property prices finally bottomed out? We’d better hope not, writes Michael Taft.

From TheJournal.ie Column: Our landlord went into receivership – now we’re in limbo Opinion

Column: Our landlord went into receivership – now we’re in limbo

Her building crumbling and in legal limbo, Alsa Campbell writes about how tenants are finding themselves at the sharp end of landlords’ financial troubles.

From TheJournal.ie 1 in 10 Irish mortgages are in arrears Mortgages

1 in 10 Irish mortgages are in arrears

At the same time, one-fifth of all mortgage holders are believed to be having difficulties in meeting mortgage repayments.

From TheJournal.ie House prices still in freefall, down 15.6 per cent for the year Property Crash

House prices still in freefall, down 15.6 per cent for the year

Property prices are down a massive 46 per cent from their peak, according to new figures from the CSO.

From TheJournal.ie Column: Renting is the future – and not just for houses Opinion

Column: Renting is the future – and not just for houses

As the property crash continues to bite, people are avoiding big commitments to their homes, cars and even relationships, writes Gerard O’Neill.

From TheJournal.ie Poll: Do you think struggling households should get mortgage debt relief? Your Say This post contains a poll

Poll: Do you think struggling households should get mortgage debt relief?

The campaign to have debt forgiveness introduced for those unable to meet their home loan payments is gathering voice. Do you think there should be such a scheme?

From TheJournal.ie Writing off mortgage debt is an "emergency" need Mortgage Debt

Writing off mortgage debt is an "emergency" need

Chorus of calls for Government to organise a mortgage debt relief scheme for worst-off householders builds to crescendo – and now a government junior minister is backing it…

From TheJournal.ie Average house price now under €200k - and there's still room to fall Property

Average house price now under €200k - and there's still room to fall

Daft.ie report shows property price fall accelerated in second quarter of 2011. Asking prices nationally fell 5 per cent in three months.

From TheJournal.ie Distressed property auction 'likely to be success' Distressed This post contains images

Distressed property auction 'likely to be success'

Organisers of July firesale of properties in Dublin says he is not put off by collapse in sales at Cork ‘discounted’ property auction last week.

From TheJournal.ie A family home for €100,000: The bargain basement property auction Auction This post contains images

A family home for €100,000: The bargain basement property auction

Flick through our slideshow to see some of the rock-bottom reserve prices on ‘distressed’ properties that are heading for auction.

From TheJournal.ie Knock-down Irish property auction drawing foreign buyers Distressed Property

Knock-down Irish property auction drawing foreign buyers

Sale of ‘distressed’ properties is set for 15 April in Dublin – and agent says the homes and commercial spaces on offer will be priced “aggressively”.