South Africa is witnessing a slowdown in current house prices largely due to higher interest rates and rising debt. The prices continued to slow down through April 2007. According to the Standard Bank monthly property gauge the annualized house price growth was 7.4 percent in April 2007 as opposed to 8.4 percent in March 2007. […]
South African House Prices move downhill Read Post »
In a reaction to the recent interest rate hikes, records show that approvals for new home purchases in Britain fell by 12 percent in the month of March 2007. Then British Bankers Association has drawn comparisons between the number of approvals for home purchase loans in March 2006 and March 2007. In March
British Mortgage Approvals fall Read Post »
The Florida housing market has never looked so appealing to international investors according to the overseas property portal Homesgofast.com. The UK based company has just returned from a week with realtors in the Miami and Central Florida area to see for themselves what’s on offer to overseas property buyers. Nicholas Marr CEO ‘ Our visit
Florida property appears all good to overseas property portal Read Post »
The Palm Jemeriah Development in Dubai continues to takes shape as more and more people move into their residences and construction continues. This man-made island development is one of the most unique residential developments in the world. 5 km across, it is located off the coast of Dubai, UAE and is in the shape of
The Palm Jumeirah Dubai Takes Shape Read Post »
International real estate investors with an eye for something different and potentially very profitable will be in competition with returning nationals in Pakistan. A new development in Pakistan just outside the southern port city of Karachi is under construction and will serve to put Pakistan real estate on the stage for international investors. Pakistan real
Pakistan now on the overseas property stage Read Post »
According to reports compiled by Rightmove.co.uk the UK has registered the highest monthly increases in five years in property asking prices. The recent UK housing report indicated an increase of 3.6 per cent. This means that those looking to sell their home are demanding more than the previous years. Miles Shipside, Commercial Director, Rightmove thinks
UK housing market asking prices up Read Post »
For those who have overseas property or are interested in investing in international property, getting there is now easier than ever. With the proliferation of both European and Trans-Atlantic discount airlines and airfares, the number of flights continues to increase while the costs decrease. One British discount airline, Jet2.com (www.jet2.com), has announced it is
Jet2.com make Overseas Property Easier than Ever Read Post »
UK property industry insiders anticipate a surge in online property sales in 2007 owing to the introduction of the Home Information Packs. From June 1 2007, everyone involved in selling a home in the UK will need to know about Home Information Packs (HIPs). The anticipated online sales increases will come from the publics lack
Selling property online to rise in the UK Read Post »
Overseas property investors have been paying particular attention to the latest development in the currency markets. The smallest fluctuations in the money markets can make a huge difference to the price of a property abroad and requires careful planning with a specialist broker. Moneycorp offer investors a daily brief to help them keep up to
Sterling The US Dollar & property investors Read Post »
The real estate market in Florida continues to struggle for sellers while buyers have many options available. The South Florida Sun-Sentinel newspaper, www.sun-sentinel.com, notes that Broward County, just north of Miami, had both good and not so good news. Prices of existing homes rose a bit in March, which was the first year-over-year increase
South Florida Real Estate News Read Post »
