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Latest Property News, Jan 2009

Brazil is booming

With the US and Europe in major economic downturns, Brazil is simply booming - interest rates are at an all-time low, inflation is stable and employment levels are rising at an unprecedented rate, encouraging a mass influx of foreign investment...

Fri, Jan 30, 2009

Foreclosures: the new market?

Whilst property prices may be spiraling downwards in the Golden state of California, sale levels are on the up, with mounting foreclosures beginning to energize bargain-hunting buyers...

Fri, Jan 30, 2009

Buying property at foreclosure auctions

Everyone talks about buying foreclosures for a steal, and countless popup ads pitch local foreclosure listings to Average Joe Homeowner. There are a few things you need to know about foreclosures and auctions generally before you go spouting credit card digits to the local foreclosure listing service. Yes, you can score a great deal, but more likely you'll find yourself in over your head...

Fri, Jan 30, 2009

Obama to keep fighting

U.S. President Barack Obama says he hopes an economic stimulus plan passed by the House of Representatives can be improved before he has a chance to sign it into law...

Fri, Jan 30, 2009

Nz banks cut mortgage rates

Now is the time to buy, a vendor of New Zealand home mortgage finance said as Kiwibank and Westpac led the latest round of mortgage rate cuts...

Fri, Jan 30, 2009

Beijing: easier for buyers

In an attempt to boost the property market, Beijing is reportedly moving to ease restrictions on international buyers...

Fri, Jan 30, 2009

Sterling work by dollar

Good news for Brits buying property in USA, or any country that holds a currency that is pegged to the US dollar. Sterling today rallied back to its highest against the dollar in over a week - having hit $1.43 earlier this week - with this pattern set to prevail for the next few days, reports foreign currency specialists FC exchange...

Fri, Jan 30, 2009

Irish property guide published

The latest annual survey by The Sunday Times newspaper has revealed that property prices considered achievable by estate agents has actually dropped by as much as 30 per cent in some cases, with the average price of property dropping by 20 per cent in a year...

Fri, Jan 30, 2009

Life is a rollercoaster

Coney Island, the tacky seaside resort that has assumed something of a cult appeal with New Yorkers, will have a piece of its glorious past saved and made into the centrepiece of a new amusement park by the Brooklyn boardwalk, New York City officials have announced...

Thu, Jan 29, 2009

Come in from the cold

With its glaciers, thermal springs, active volcanoes, lava fields and snow-capped mountains, Iceland is the land of fire and ice and is fast becoming one of the most popular city break destinations in Europe...

Thu, Jan 29, 2009

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