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Buying property abroad no holiday

The Sydney Morning Herald 17.09.2012
Buying property abroad no holiday

It could be the opportunity of a lifetime. Certainly a lot of people think so as they take advantage of the high Australian dollar by picking up bargain properties in the US or Britain.

One Of The World's Biggest Commercial Real Estate Investors Is Preparing To Sell

Blackstone Group, one of the largest private equity firms in the world and one of the biggest players in the global property market, is preparing to unwind its massive $22 billion U.S. commercial real estate portfolio.

SA's property market still in a rut

The Telegraph 12.07.2012
SA's property market still in a rut

Recovery in SA’s private property market remains fragile in spite of low interest rates and a slight uptick in prices. Joan Muller assesses the prospects for the sector.

Real estate agent haunted by desire to sell New Brunswick house

When Saint John real estate agent Jake Palmer got a call from the Wall Street Journal, he thought someone was pulling his leg.

US housing market sees increase in foreclosed properties

The number of properties starting the foreclosure process in the United States increased year on year in May for the first time in more than two years as banks resumed dealing with distressed properties.

US Property Market Expected to Rise in Second Half of 2011

People considering property investments in the US may be encouraged by one analyst's assertion that the country's housing market will start improving later this year. Lawrence Yun, chief economist at the National Association of Realtors (NAR), stated that "temporary factors" had curtailed the market so far in 2011.

Hot property: spas

Angus Watson Financial Time 11.06.2011
Hot property: spas

Please respect FT.com's ts&cs and copyright policy which allow you to: share links; copy content for personal use; & redistribute limited extracts. Email ftsales.support@ft.com to buy additional rights or use this link to reference the article - http://www.ft.com/cms/s/2/6f6675a2-91fd-11e0-b8c1-00144feab49a.html#ixzz1OxBHl26x Serious questions would be asked of any self-respecting, top-range hotel that didn’t include spa facilities – a hammam, hot tub or something more exotic like an ice cave. According to the International Spa Association, the number of commercial spas in the US nearly quadrupled to 20,600 between 1999 and 2009, and spas have meanwhile played an increasing role in the global tourist industry. It’s no surprise, therefore, that private houses are following suit, with Jacuzzis, saunas and more sophisticated spa kit becoming as essential as tennis courts and gyms.

New homes starts and property loan applications fall in US

More gloom is emerging for sellers and buyers in the US as the numbers of new homes being built falls and finance becomes harder to secure.

Investors told to buy property in US

The US property market has been highlighted as a good place to make an investment. Commercial property investors have been told to purchase assets in the US after a housing expert said prices continue to fall there.

US Foreclosures surge, mortgage rates drift both ways

While new figures show foreclosures surging to a record high in August, mortgage rates continue to hover around their all-time lows, with rates both falling and rising slightly yesterday and on the latest weekly mortgage survey.


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