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Home prices in the United States fell in July, but the lower prices also helped to spur an increase in the number of homes sold. A report from the National Association of Realtors indicated that July home sales increased 3.1%, while the median existing home price was down 7.1% from a year ago. For July, […]

The International Monetary Fund reports that the global credit crunch shows no signs of abating in its latest financial stability report. The IMF report indicates that falling house prices and slowing economic growth around the globe are hitting credit hard, as banks are under increasing pressure.   “Credit quality across many loan classes has begun

At the highest point of Cairo is a new development that will bring the most stylish living to the heart of this vibrant city. Uptown Cairo will have eleven villages in the Mukattam section of the city, and it will have a vibrant town center as well as clubs, hotels, golf courses, restaurants and more.

Mortgages in the UK have dropped to where they were a year ago, according to a recent report from Moneyfacts. The average rate for a two-year fixed deal is approximately 6.59%, compared to 6.56% in August, 2007. That’s down from a high of 7.08% in early July of this year, showing a significant drop over

Overseas property investors seeking property in an area that is set to be a holiday hotspot should maybe consider Olhao in Portugal.The village is along Portugal’s popular Algarve coast at the southern end of the country and is best described as as small fishing town. One new development for property buyers is the Village Marina Olhão, a

The World Airline Awards for 2008 have just been announced by Skytrax, the London-based research firm that annually announces the awards after extensive polling of the market. The 2008 Airline of the Year is Singapore Airlines, which won the award in 2007 and is becoming known across the globe for its outstanding service. Singapore Airlines

Grenada is one of the least developed islands in the Caribbean and offers property investors a chance to get some of the nicest tropical residences available for what are unbelievably reasonable prices. The island is quickly becoming a target of international investors, so the low prices won’t last for long. While they do, though, residents

Just outside of the southern Cyprus city of Limassol is the small village of Souni. Nestled amidst pine forests and at the foot of the island’s mountains, this town is quickly becoming a favorite destination for those who want a home near the city, but also want the beauty and serenity of living in the

If you ever dream of retiring to the French countryside, but don’t want all the hassles of taking care of your own property, then this is the opportunity for you. Le Castel retirement homes is an ideal village in the south of France, located between the cities of Bordeaux and Toulouse. Le Castel offers a

The small town of Tasagil, Turkey is located above the Mediterranean Sea just to the east of Antalya and has one of the best property developments anywhere in the country. The Augustus Village Resort, which has won consecutive European Property Awards, is situated in a pretty area on the outskirts of the village in the