Real Estate


Florida property buyers advised to check quality of foreclosed property

Those buying foreclosed property in Florida have been advised to have extra checks carried out so they do not suddenly face unexpected extra costs.

More than half of US property foreclosures relate to prime loans

More than half of property foreclosures in the US now involve prime mortgages and the real estate market may not stabilize until 2011, it is claimed.

Pricing is priority for UAE's second property auction

Alex Delmar-Morgan Arabianbusiness.com 29.05.2009
Is property becoming king again?

EVERYBODY wants to believe that the light at the end of the tunnel of the current economic crisis is now discernible. And why not? After almost two years of persistently gloomy news, it is certainly time for a change, even if most economic indicators say otherwise.

Pricing is priority for UAE's second property auction

Property consultant Sherwoods, which is to hold a public real estate auction next week, may whittle down the number of lots from 50 to 20 as it looks to beat down reserve prices to attract buyers.

It's a good time to buy property overseas

The Economic Times 27.05.2009
Why was UAE’s first property auction a flop?

None of the four properties up for bidding made their reserve price at Dubai’s first property auction held by Madania Real Estate, on Tuesday, reports Zawya.

It's a good time to buy property overseas

KOLKATA: The slump in global real estate markets has thrown open lucrative opportunities for Indian HNI investors. The near 25-35% fall in property in Australia, US, UK, South Africa and markets closer home like the Gulf and Singapore, has triggered a huge surge in demand from Indian buyers keen to invest in overseas property.

Spanish slump to halve property sector - Afirma

Andres Gonzalez Reuters 27.05.2009
Dubai property biggest Q1 global faller - study

DUBAI,(Reuters) - House prices in Dubai suffered the biggest fall among global property markets in the first quarter as a result of the economic crisis, a British real estate brokerage said in a study released on Tuesday. "On a quarterly basis, the most dramatic fall in prices were recorded by Dubai (40 percent) and Singapore (16.2 percent)," Knight Frank said in a note.

Spanish slump to halve property sector - Afirma

MADRID, (Reuters) - Spain's property slump will wipe out at least half the sector and drag out until 2011, one of its biggest developers, Afirma, said on Tuesday, adding that it would have to renegotiate debts due to worsening trade.

Bonyan to deliver over 1,000 property units by end of second quarter 2009

Bonyan International Investment Group (Holding) L.L.C., one of the leading real estate companies in Dubai, has announced its plans to deliver over 1,000 property units by the end of the second quarter of 2009.

HGTV and National Fix and Flip Network Announce Partnership

The National Fix and Flip Network today announced the completion of a corporate marketing affiliation with Scripps Networks, LLC, the parent company of HGTV.

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