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City Home Owners Moving to the Suburbs
2008-01-07 09:32:00
While property prices in many parts of the US and UK are experiencing some upheaval, two major cities have had relatively stable, if not rising, prices. New York City , and in particular Manhattan, and London, are still the leaders in their respective countries for housing prices. While the strong market in each of these cities has made it difficult to many to buy in, another phenomenon is the city dwellers cashing out and moving to less-expensive and larger homes outside the city.
More About: Home , Moving , Owners

Property in Cyprus Helps Revenue
2008-01-06 14:52:00
London 6/1/2008- Proof that the Cyprus housing market has been popular with buyers can be seen from the latest financial reports from the Cyprus Inland Revenue . It has been profitable year for the government with bumper tax receipts as a result of the flurry of activity in the property market.
More About: Property , Pert , Rope

New York City Property A New Design
2008-01-04 08:07:00
new luxury 11-story condominium in New York City is currently being planned and designed by noted Japanese architect Shigeru Ban. This new project is on West 19th Street in what is called the West Chelsea section of Manhattan. This ultra-exclusive building has only eight units in it, with a 1,949 square foot condominium going for $4.1 million USD.
More About: Design , Property , New York City

Austria & Portugal See New Architect Designed Homes
2008-01-04 08:00:00
The latest trend in new resort developments is for celebrity architects to design luxury getaways and for developers to promote the architects names. In the Austria n Alps, the Edel: Weiss residences are being designed by world-renowned architect MatteoThun . In Portugal over twenty three Portuguese and international architects have designed different sets of villas and townhouses for a new resort at Bom Sucesso along the Silver Coast. These one-of-a-kind homes are set to make potential buyers a very good investment as the architects become more famous.
More About: Homes , Architect

Luxury Homes in London Feel The Crunch
2008-01-03 10:12:00
The high end property market of London , the driving force behind the city’s continually rising real estate prices, has begun to falter as prices suffered the first quarterly decline since 2003. According to news in several media, including the Times Online, the price of prime property fell by 2% over the last quarter of 2007. This information comes from several real estate agents including Savills. Prime property is that valued at more than £1 million.
More About: Luxury , Homes , Crunch , Feel

Beware Bulgarian Property Agents
2008-01-02 15:36:00
Bulgarian property buyers beware is the message from Quest magazine in Bulgaria. The January 2008 issue outlines the pitfalls and plus points of the country's buy-to-let market. The Bulgarian buy-to-let market is still in its infancy however the research points toward a healthy future in the rental market.
More About: Property , Agents , Beware , Bulgarian , Pert

New Home Buyers Like Gold Dust
2007-12-31 09:49:00
The latest statistics from the UK indicate that first-time home buyers are at their lowest point in 27 years. According to Halifax, the nation’s largest mortgage lender, there were only about 300,000 first time home buyers in 2007 in the UK, some 15,000 less than in 2006. That’s the lowest number of first-time home buyers since 1980. The average price that these first time buyers paid for their homes went up by 15% from the previous year, to £175,093.
More About: Gold , Home Buyers , Home , Buyers

Julia Roberts Attracted to Whitsunday Islands, Australia
2007-12-30 23:13:00
The Whitsunday Islands , off of the eastern coast of Australia are becoming increasingly popular for tourists, sun seekers and celebrities alike. With the onset of winter up north, and summer down under, this is the time of year for a trip these spectacular islands. A total of 74 islands make up this chain at the southern end of the Great Barrier Reef, with plenty to offer everyone from the brightest stars to those who just want an inexpensive place to relax in the sun.
More About: Julia Roberts , Julia , Roberts

Celebrity Architects are Adding Their Names to Designer Homes
2007-12-21 14:24:00
Overseas property developers are increasingly using well known Architects to design their projects and at the same time attract investors to their developments. International property investors have a huge choice of luxury resorts from around the world to choose from. With so much competition attracting the most desirable customers is becoming increasingly difficult. One way in which some resort developers have decided to attract potential buyers is by using high-profile architects on their projects.
More About: Celebrity , Designer , Homes , Names

International House Price Report For 2007
2007-12-21 09:28:00
A detailed report by economists at Global Property Guide concerning international house prices in 2007 reveals the good, the bad and the ugly in global house prices . The report confirms that the US housing market crashed, Europe’s housing markets slowed and house prices in Asia-Pacific gained momentum. Closer inspection of the report showed some surprising winners and losers. Bulgaria saw the world’s strongest house price growth at 30.6% (15.4% in real terms) to end-Q3 2007 from a year earlier.
More About: House , International , Report , Price

Group Holiday Homes New Overseas Investment in Belize
2007-12-20 09:29:00
Palmetto Bay Group Resort is a new, environmentally friendly, group-oriented resort that is being developed on the Placencia Peninsula of southern Belize . This unique property in Belize has a lot to offer international real estate investors. When completed it will be the first completely green resort in the Caribbean. It is also being designed as a group holiday resort, designed to meet the needs of small or large groups. From weddings to corporate retreats, Palmetto Bay Resort Belize will be a unique place to get away from the cares of daily life.
More About: Holiday , Investment , Homes

Property in New York Stable
2007-12-18 15:13:00
The high end real estate market in New York City remains relatively stable, despite the problems that are being seen elsewhere in the United States. With some of the most expensive and most sought-after properties anywhere, the New York real estate market is in pretty good shape, particularly when compared to the rest of the country.
More About: Property , New-York , Prop

Europeans Have a Money Advantage
2007-12-18 15:11:00
With the record lows of the US dollar against the Euro and 30-year lows against the English pound, Europeans have a distinct advantage when it comes to buying things American. This is true for all types of items, from retail goods to real estate. Those who want to invest in property in the US are in an enviable financial situation. Unfortunately, the opposite is true for Americans who live and work in Europe. Many are having a harder time in recent months
More About: Money , Rope , Advanta

Berlin Property Changing
2007-12-13 09:03:00
The city of Berlin is reinvigorating its city center, creating urban spaces where people can work and live without having to travel long distances, and without having to pay huge sums of money for the privilege. Townhouses are at the heart of this urban renaissance in the German capital, and there are currently as many as five projects under way or recently completed, according to a recent article in the International Herald Tribune
More About: Property , Changing , Prop , Pert

US Dollar Foreign Currency Update by Moneycorp
2007-12-10 21:02:00
London 10/12/07- The Pound remains strong against the US Dollar despite some falls last week. It peaked just short of $2.07 on Monday and again on Tuesday before dropping sharply. It touched a low of $2.02 on Thursday and has spent its time since then climbing laborious back above $2.03.
More About: Currency , Update , Foreign

Bad News For UK House Prices
2007-12-10 10:28:00
UK house prices fell for the third consecutive month in November according to data released by Halifax. According to the UK’s largest mortgage lender, home prices fell by 1.1% for the month, following declines of .5% in October and .6% in September. The rate of housing price increases for the full year had fallen to 6.3% through November. That’s down from a high of 11.4% in August and 8.9% in October. The housing news has been highlighted in major media outlets recently, including the BBC and The Guardian.
More About: News , House , House Prices , Bad News , Prices

Italian Real Estate Helped by High Speed Trains
2007-12-10 10:27:00
Property in France experienced it when the TGV was rolled out; now Italian property is experiencing a piece-by-piece real estate surge as its own high speed train system is put into place. This is also referred to as the Ryan Air effect, whereby values rise as budget airlines arrive. This is due to the ease of getting to property that was once considered in the middle of nowhere – or at least hard to get to.
More About: Estate , Real Estate , Trains , Real

Australian Property Markets Highs and Lows
2007-12-10 08:24:00
The Australian property market has shown signs of slowing according to a report by Bloomberg News. The surprise report is based on Australian mortgage approvals that have fallen for a second month running. The cause appears to be the hike in Australian interest rates which are now at an 11 year high. This is in contrast to the building industry that are experiencing strength with housing construction rising 1.4 percent in the third quarter from the previous three months. In fact this increase contributed 0.1 percentage point in the quarter to gross domestic product, which rose 1 percent.
More About: Property , Markets , Prop , Pert

Florida Mortgages Now Better
2007-12-07 12:57:00
International buyers could well be the key to kick starting the Florida property market and a recent alliance may be evidence of this. Stirling Sotheby’s International Realty has joined forces with British Home Loans Florida. The Florida based international mortgage brokerage company specializes in arranging financing for British, European and other 'Foreign National' homebuyers in the U.S. The two companies working together are set to make Florida mortgages for overseas buyers more competitive
More About: Mortgages , Mort , Ages

Exclusive Hawaii Resort is Expanding
2007-12-07 11:57:00
Along the Kona Coast on the big island of Hawaii is the exclusive golf resort of Hokuli`a. This 1,550 acre development has recently opened up a new section of building lots to the general public. Previously, housing was only available to club members, but now there are plans to have as many as 600 units on the property Currently, though, there are only a limited number of sites are available.
More About: Exclusive , Resort

UAE Real Estate Has Staying Power
2007-12-07 11:56:00
The real estate market in the United Arab Emirates, one of the hottest in the world, is set to continue until 2015 and beyond, according to new reports. Real estate and construction markets in the UAE are primarily focused on Dubai, which has been booming for several years, and the newer market of Abu Dhabi. Two recent studies by HSBC and Damac Capital International of Dubai both indicate that supply will not catch up to demand for a number of years, keeping the markets strong.
More About: Power , Estate , Real Estate

Foreign Currency Markets US Dollar and Sterling Review
2007-12-03 20:19:00
London 3/11/07-There was some good news for the Dollar on Monday night. Abu Dhabi Investment Authority, a sovereign wealth fund, announced that it would invest $7.5 billion in Citigroup, the troubled US financial conglomerate. The investment represents about 5 per cent of the group and is almost enough to cover the losses it has incurred since summer. The market's interpretation was that if ADIA had enough faith in the US financial sector to make such an investment then the Dollar may not be in such bad shape after all.
More About: Markets , Review , Currency , Foreign

Moneycorp at Industry Overseas Property Exhibition
2007-12-03 13:48:00
London 3/12/07-UK based Foreign exchange specialists Moneycorp are exhibiting at the UK industry overseas property exhibition OPPlive7 on the 4th and 5th December 2007 at ExCel London.
More About: Industry , Property , Exhibition , Overseas , Overseas property

Sub Prime Crisis Not To Blame For Falling House Prices
2007-12-03 13:46:00
UK house price indicators show reductions in house prices with figures from Nationwide, Halifax, Hometrack, and Rightmove are showing falling prices. A common misconception is that the sub prime market and credit crunch is to blame for this downturn. A look under the surface will reveal that there is not one source to blame. One economics expert spreads new light on the plight of the UK housing market.
More About: House , House Prices , Crisis , Blame , Prime

Homes are Better Than Cash Say British
2007-12-03 13:45:00
Recent research commissioned by the BBC has found that the British feel that buying property is better than cash in the bank. The UK housing market like that of the US is now reported to be slowing and with it house price drops are expected. The UK property market looks like it shall be a buyers market with home sellers reducing house prices in order to sell their homes.
More About: Homes , Cash

Positive Future For UK Property Abroad
2007-12-03 13:44:00
The overseas property industry seems set for a bright future according to predictions from a recent study. The appetite for property abroad seems set to continue with the British and Irish Buyers firmly behind the wheel. In fact the study carried out by Datamonitor has predicted that ownership is set to almost double over the next five years.
More About: Property , Future , Positive , Prop , Pert

Luxury Real Estate To Rise at the Gold Coast Australia
2007-12-03 00:04:00
A new luxury hotel and apartments will go up in Surfers Paradise along the Gold Coast of Australia , according to news just released on Hospitality Net. The Hilton Surfers Paradise Hotel and Residences will have two high rise towers with 170 luxury hotel rooms and 340 premier apartments. The new project will be developed by the Raptis Goup in the central part of Surfers Paradise along Surfers Paradise Boulevard and Orchid Avenue.
More About: Estate , Real Estate , Luxury

MTV Sell 50 Cents Home
2007-11-29 09:33:00
MTV Cribs a TV show that allows anyone interested in celebrity lifestyles to see how their favorite stars live is now being used as a marketing tool to sell property. Successful rapper 50 Cent is going to use the show as a platform to help sell his luxury home. The multi millionaire is selling his mansion after owning the home for only 3 years at a cool $18.5 million price tag
More About: Home , Cents , Sell

Russians Love To Spend On Property Abroad
2007-11-28 12:13:00
The UK overseas property industry magazine Overseas Prop erty Professional (OPP) reports on the new bread of international property buyer that is set to make a huge difference to the industry in 2008. These new buyers are Russian and they have already turned the London housing market on its head.
More About: Love , Russians , Pert

Get Me Out Here I am A Celebrity
2007-11-28 12:11:00
The Dubai property market has been consistently active over the last few years with huge numbers of overseas property investors buying in the region. The Emirate has also been revealed as the latest celebrity holiday home hotspot by foreign exchange specialist, Moneycorp. Footballers such as David Beckham and Baywatch star Pamela Anderson now own second homes there. Celebrity couple Brad Pitt and Angelina Jolie recently secured their piece of Dubai by buying an island in the shape of Ethiopia. Dubai’s popularity is set to continue and many Brits look to be following the paths of the celebrities.