Search Results for 'Affordable housing'

An angry group of Knocknacarra residents are calling on the Galway City Council to clarify details on a proposed traveller halting site on Ballymoneen Road, which they say contradicts the 2007 council’s framework study of the area.

The residential lettings market in Galway city has enjoyed a period of particularly strong growth in the year to date. As a result of the downturn in house sales many potential buyers have been biding their time and renting.

Fine Gael Leader Enda Kenny TD has warned that the price of affordable housing units needs to fall in order to maintain the previous gap that existed between affordable housing units and the normal property market.

Landlords and residential property investors are finding the rental market more challenging in recent months with rents in some locations falling by approximately 10 per cent. While this is bad news for landlords, it is good news for tenants. There is still good activity in the rental market with many would-be property purchasers staying in the rental market. However supply of rental property has increased as those vendors who cannot currently sell are deciding to rent as an alternative.

With the banking crisis deepening and first time buyers delaying entering the property market because they either can’t get mortgages at present or they think it is more prudent to assess the economic situation further before taking the leap, the good news is that rental prices are decreasing in Mayo.

Almost three-quarters of Irish retailers have actively sought a rent reduction from their landlords since the start of the year, it was revealed by industry body Retail Excellence Ireland (REI), in a survey of 180 of its member firms, representing more than 2500 individual retail stores across the Republic of Ireland.

The news that there are currently 581 people on the housing waiting list in Ballina Town council alarmed the elected members at the monthly meeting this week. Town clerk Carmel Murphy told the meeting that a review of the list is being carried out, but at present there were 581 people on the list which was a marked rise on the numbers in the recent past.

The Galway City Council’s “so called ‘affordable houses’ are massively over-priced” and prices must be cut by “at least 25 per cent” to reflect the reality of the marketplace, according to Fine Gael councillor Brian Walsh.

A free affordable homes showcase evening is being held by Westmeath County Council for first time buyers interested in purchasing an affordable home. The showcase evening will take place in the Mullingar Park Hotel on Wednesday April 15 from 5pm to 9pm.

Westmeath County Council’s showcase of affordable houses proved a tremendous success at the Mullingar Park Hotel last week.