AGP Executive Report
Last update: 8 hours agoHousing Permits & Supply Crunch: In Cebu, overseas Filipino workers face fewer options as developers wait on delayed licenses to sell, with more than 10,000 housing units nationwide stuck in approval queues. Local Planning & Conversions: Derbyshire planners gave conditional approval to convert a Rutland Road property near Chesterfield town centre into an HMO for up to five people, after amended plans addressed amenity concerns. Affordable Housing Moves: Denver approved a $4.5M purchase of a former state office building to support affordable housing, using Vibrant Denver Bond funds. Mortgage & Cost Pressure: Australia’s housing tax debate is heating up as Labor insists property tax changes won’t target price drops, while economists forecast eventual price flatlining or mild declines. Property Risk & Fraud: Kansas farmland is seeing rising title fraud, with scammers exploiting absentee ownership and public records to seize or manipulate land deals. Market Snapshot: Perth homes are taking longer to sell (median two weeks), though some suburbs still move fast. Global Real Estate Finance: Gallagher boosted its stake in ACE Gallagher Holding from 30% to 49%, expanding its MEA insurance and property-risk footprint. International Policy: Russia passed a law enabling in-absentia administrative prosecution and seizure of property tied to criticism of authorities.
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