Hot topics
Hot topics in the news A decision by international investment bank JPMorgan to invest more than $1 billion in Asian real estate over the next three years is set to boost a struggling market.
Read full article: [Global investment bank puts its money into Asian property market]The superprime residential property market in London is holding up in the current economic downturn, according to the latest research.
Read full article: [Super priced London property expected to drop]The French estate agency federation, FNAIM, predicts a stable year for property prices in France in 2008, with average rises likely to be no greater than the rate of inflation – currently around 1.6%.
Read full article: [French property market stable, reports FNAIM]Investment returns in the cities of Moscow and Istanbul are likely to surpass those of Paris and London in the short term.
Read full article: [Moscow and Istanbul highly ranked for investment]Oman is one of many Gulf nations experiencing high levels of inflation. The two new laws are meant to cut inflation and will affect rental property owners.
Read full article: [Government introduce new rental regulations in Oman]New information from the National Association of Realtors in the US shows that property prices are getting back to the long term normal rates quickly.
Read full article: [US property prices decline to long term norm]The stimulus package is set to help improve economies and property markets in key locations such as Sacramento, Washington D. C. and San Diego.
Read full article: [US offers stimulus package to help key locations]The Federal Reserve Chairman in the US says additional help is needed to stop the ongoing distress in the housing market.
Read full article: [More help needed in foreclosures says Fed Chief]According to AIPP, Spain is still the number one overseas preferred region by UK investors.
Read full article: [Spain still preferred region by UK investors]The act of profit taking on the part of cautious or panicky investors has hurt companies in multiple countries. At the end of the business day on Friday, indexes in both Indonesia and Japan had fallen, largely on the back of profit taking from property firms.
Read full article: [Profit taking damaging companies across asia]A winter lull has descended on the Vietnamese capital as far as property sales are concerned. However, that has not been enough to stop the ever rising wave of demand for property in Vietnam.
Read full article: [Property demand in Vietnam increases]Property in Spain has been in a downward spiral, but several incentives work to make it a buy to let opportunity for many investors. Spain still offers great buy to let opportunities
Read full article: [Spain still offers great buy to let opportunities]Banks in Jordan have done very well in recent times, with some banks that focus on housing posting 18% gains in 2007. However, the country has started to take a closer look at citizens of the lower class.
Read full article: [New affordable housing plan in Jordan]While some property sales firms in Japan are beginning to experience decreased profits this year, a property trust has been able to increase profit projections.
Read full article: [Japanese property sales appear to be down]Bulgaria sees drop in the number of investors from UK buying ski property. Additionally, mortgages here offer investment potential.
Read full article: [Bulgarian ski resorts attracts celebrity investors]Subprime lending crisis has not hurt much of Latin America's housing market and with low to middle income housing growing quickly, the market here looks good.
Read full article: [Latin American housing market strong]Maui is a safer investment area compared to other regions of the US as the sub-prime fiasco hasn't affected the property market here to that degree.
Read full article: [Maui a safer bet than other regions of US]Mortgage rates have stopped falling this week for the first time in five weeks. Additionally, Senate passes bill to provide tax cuts for losses subprime lenders face.
Read full article: [US mortgage rates stop falling]Desperate times for some property investors call for desperate measures, and property investors are being forced to look at other investment alternatives.
Read full article: [Property investors forced to diversify in wake of development crash]The condominium project is a multi-million dollar project, and Crest appears to be very gratified at getting the go ahead to start.
Read full article: [Crest to build Kuala Lumpur condominium]According to several investment experts and some world leaders, the worst is yet to come in the US economy and European investments.
Read full article: [US and European economies to still get worse]While the US subprime lending crisis continues, third quarter reports say about 50 per cent of loans modified were subprime ARMs giving some relief.
Read full article: [US mortgage relief is sought by borrowers]Mortgage Bankers and Brokers association urges consumers to realize housing market is still favourable, in Atlanta Georgia.
Read full article: [Atlanta brokers urging public to be optimistic]In a turn that looks good for investor/renters, American's Western metropolitan areas see higher than normal demand for rentals, which helps increase rents above inflation levels.
Read full article: [West American rents increasing]Due to subprime market losses, coupled with rising inflation may cause Chile's financial system to increase benchmark lending rate.
Read full article: [Chile may require a rate rise]With conditions starting to improve slightly and different people stepping in to pick up the slack of a severe credit crunch in western property markets, it is possible that the world credit crunch might come to an end a lot sooner than people previously thought.
Read full article: [Global credit crunch showing signs of reversal]As one of the worst hit cities by the subprime lending and foreclosure crisis, Cleveland, Ohio, a large US city is suing lenders in a method to make them repay damage caused to the city.
Read full article: [Cleveland sues lender in wake of subprime crisis]In an unexpected turn of events, news out of North Carolina today says Bank of America Corp will purchase Countrywide Financial for $4 billion in stock.
Read full article: [Bank of America to save Countrywide]Countrywide Home Loans, a leading US mortgage lender's shares fell again for the second day in a row, 44 per cent drop in home loan volumes reported, but company claims progress being made.
Read full article: [Countrywide making progress despite falling shares]Secretary of the Treasury, Henry Paulson says that while the Bush Administration is working on repairs, there is no simple solution to the US mortgage crisis.
Read full article: [Bush administration working on mortgage crisis]After taking a look at the general economic state in the wake of massive mortgage crises, central banks feel that the worst is over.
Read full article: [State of money markets calms Central Banks]London is emerging as the key centre for Islamic finance outside of the Middle East as financial institutions clamber to become part of a growing market. Currently it is estimated that Islamic banking manages funds of $200 billion. It is predicted to increase by up to 15% a year and be worth a trillion dollars by 2010.
Once upon a time the Canary Islands were an exclusive holiday haunt for only a select few who actually knew where the Spanish archipelago was hidden in its tucked away corner of the North Atlantic Ocean.
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