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Why more American homeowners live in negative equity

Over 16 million American properties are in negative equity according to a new report from Seattle based company Zillow Inc.  As property in America continues to fall in value, increasing numbers of homeowners are finding that their outstanding mortgages are higher than the value of their property. Bloomberg reports that the number of home owners […]

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France still popular with British property buyers

France is ‘by far’ the leading foreign location with British buyers looking overseas, according to a leading property expert.  Charles Weston-Baker, the head of international property at high net worth agents Savills, has identified France as the leading location in ‘a new world order of property ownership’. Brits approaching retirement heading to France The most

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Property in India to suffer after Central Bank raises interest rates

Higher than expected inflation has resulted in India’s central bank raising interest rates in the country by double most forecasts.  Benchmark interest rates in the country have been raised by 0.5 per cent in May as the central bank struggles to control ever rising prices in the country. Inflation at almost 9 per cent results

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Luxury Fractional Ownership Exhibition in Dubai

will play host to an exhibition that promotes fractional ownership on November 21st 2011 at the iconic 7 star hotel Burj Al Arab.  Fractional Life http://www.fractionallife.com announced that the second annual Shared Ownership Fractional Summit Middle East will present opportunities to the luxury lifestyle sector.   Fractional ownership is generating huge amounts of interest as

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New French law to affect Brits looking to buy luxury overseas property

If you’re looking for a luxury overseas property, there are few better places to buy than the French capital, Paris.  With some of the continent’s finest flats and apartments, house prices in Paris are rising sharply offering both luxury living and an excellent investment. Whilst Paris offers some beautiful properties, people looking to buy property

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Albania Property Market Challanges Croatian Real Estate

Overseas property investors at the international real estate portal Homesgofast.com are turning Albania into a potential emerging market hotspot as enquiries increase in 2011 by over 45 per cent. The reason behind this could be down positive figures releasaed by the Bank of Albania. The Balkan bank report that real estate prices in Albania increased by 1.5% during Q1 2011

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