Despite the meltdown in the United States’ property market and financial industry, the holiday market for Bulgarian property should remain reasonably steady, according to a news report at investor.bg . Vesselin Krustev, a manager with local real property consultant Orange Real Estates, told the news site that the Bulgarian real estate market should remain stable […]
Bulgarian Holiday Property Market Looks to Remain Solid Read Post »
A recent BBC News report highlights the alarming trend in people sleeping in their cars as a result of being made homeless after the collapse of the housing market and credit crunch. BBC Reporter Rajesh Mirchandani describes the depressing scene of a typical car park in Santa Barbara in which a car park across
Middle Class Americans Forced To Sleep In Cars Read Post »
American real estate tycoon Donald Trump recently announced that he was about to move into the Indian market. His first move will be to construct a 47 story high rise luxury residential tower in the heart of Bangalore and will cost some 500 crore rupees. The new project is set for construction on a
Donald Trump to Build in Bangalore, India Read Post »
New home sales in the United States dropped in August to the slowest pace in 17 years as average prices also fell significantly, according to report released by the US Commerce Department. In August, new home sales fell by 11.5 percent to a seasonally adjusted annual rate of 460,000 units. That’s the slowest pace for
New US Home Sales Report Read Post »
A raft of new surveys by international real estate and research firms are out looking at the costs for the top international markets for office space. Typically, these surveys look at the costs to set up an office in a city or area of a city during the first half of 2008. These costs include
Office Property Prices Read Post »
The current global crisis being faced by governments worldwide has provoked various responses to help remedy the situation. The real estate sector is seen as key to consumer and business confidence and has been subject to various degrees of governmental interventions. The an on-line property research house.Global Property Guide report the latest efforts employed by
Financial Rescue Efforts By International Governments Read Post »
The average price of existing homes across Canada took a big hit in August, falling by 5.1 percent according to data released from the Canadian Real Estate Association (CREA). The average price of a home sold through the Canadian Multiple Listing Service was CAD $316,052 in August, compared to a little over $332,000 a year
Canada Real Estate Prices Drop in August Read Post »
The central Albanian town of Berat was recently added to UNESCO’s World Heritage list as an example of the co-existence of religions and cultures. The town joins Gjirokaster to its south as UNESCO sites in the central part of this country. Both of these towns are full of Balkan architecture and culture and have been
Berat, Albania Makes UNESCO List Read Post »
Whilst the news out of the Ryder Cup wasn’t very good for European golfers who wanted to keep the Cup, a report indicated that the golf industry on the European side of the Atlantic is thriving. According to a study released at the Ryder Cup from the KPMG Golf Advisory Practice, the business of golf
Golf Industry is Growing with Properties Like These Read Post »
The Order of Engineers of Beirut and Tripoli have released figures that show construction up by 26.5 percent in the first seven months of 2008 compared to the same period in 2007. Bank Audi’s Weekly Monitor reported that there new construction permits were issued for 6,074,843 square meters during that time period, which is significantly
Construction Increases in Lebanon Read Post »
