Archive for December, 2007

Dec 10 2007

Italian Real Estate Helped by High Speed Trains

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International Property News and Articles from Propertyshowrooms.com wrote an interesting post today on
Here’s a quick excerpt
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.

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Dec 10 2007

Australian Property Markets Highs and Lows

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International Property News and Articles from Propertyshowrooms.com wrote an interesting post today on
Here’s a quick excerpt
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.

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Dec 07 2007

Florida Mortgages Now Better

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International Property News and Articles from Propertyshowrooms.com wrote an interesting post today on
Here’s a quick excerpt
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

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Dec 07 2007

Exclusive Hawaii Resort is Expanding

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International Property News and Articles from Propertyshowrooms.com wrote an interesting post today on
Here’s a quick excerpt
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.

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Dec 07 2007

UAE Real Estate Has Staying Power

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International Property News and Articles from Propertyshowrooms.com wrote an interesting post today on
Here’s a quick excerpt
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.

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Dec 03 2007

Foreign Currency Markets US Dollar and Sterling Review

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International Property News and Articles from Propertyshowrooms.com wrote an interesting post today on
Here’s a quick excerpt
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.

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Dec 03 2007

Moneycorp at Industry Overseas Property Exhibition

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International Property News and Articles from Propertyshowrooms.com wrote an interesting post today on
Here’s a quick excerpt
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.

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Dec 03 2007

Sub Prime Crisis Not To Blame For Falling House Prices

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International Property News and Articles from Propertyshowrooms.com wrote an interesting post today on
Here’s a quick excerpt
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.

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Dec 03 2007

Homes are Better Than Cash Say British

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International Property News and Articles from Propertyshowrooms.com wrote an interesting post today on
Here’s a quick excerpt
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.

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Dec 03 2007

Positive Future For UK Property Abroad

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International Property News and Articles from Propertyshowrooms.com wrote an interesting post today on
Here’s a quick excerpt
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.

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