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Rents face 10pc crash in hong kong luxury market
The Hong Kong luxury home market has hit tipping point say leading local agents and the market is stalling.
Wed, Dec 21, 2011
France tops the overseas property search league table as spain declines
France has overtaken Spain as the most searched for location for British buyers looking to invest in a property overseas.
Wed, Dec 21, 2011
I spy: pierce brosnan ready to sell?
Last week, the landscapers were installing the vegetation necessary to keep our prying eyes from seeing Pierce Brosnan's new Malibu house. And today we noted in the MLS that his old house -- also on Malibu's Broad Beach -- had a status change to pending. If the MLS was Facebook, we'd say Brosnan is now engaged, with nuptials planned imminently.
Wed, Dec 21, 2011
Snoopy christmas display saved from foreclosure
Jim Jordan created a heart-warming Christmas display of Charles Schulz's "Peanuts" characters more than 40 years ago at his Southern California home, and it became a holiday tradition as tens of thousands of people showed up each year to see the sparkling extravaganza.
Wed, Dec 21, 2011
Video - rental property investing: use the 10pc rule
The 10 per cent rule says that a property is worth further investigation and a more detailed analysis if the gross annual rent is at least 10 per cent of the purchase price of your rental property.
Wed, Dec 21, 2011
Residential land values are buzzing in ottowa
Ottowa’s two biggest property transactions in 2011 were for two big-scale retirement developments and “while that asset class is likely to remain visible as the population ages,” Nico Zentil, a senior sales associate at CB Richard Ellis told OPP, “it's residential development land that's now grabbing investors' attention.”
Tue, Dec 20, 2011
Fall of housing prices increases foreign buyers in spain
With sales figures showing foreign purchases of Spain increased by 24.7% in the third quarter, over the same period of 2010, according to the Housing Price Index (HPI) of the National Statistics Institute (INE) sales prices in the same period were shown to have fallen by 7.4%.
Tue, Dec 20, 2011
Colordarcy shames the five worst property markets of 2011
“2011 will not go down in history as one of the more successful years for residential property investors,” Colordarcy managing director Loxley McKenzie told OPP this week. And to underline the point he has compiled a list of the 5-worst places in which to invest.
Tue, Dec 20, 2011
German housebuilding soars to record levels
German house-building permits have soared to a record this year as investors put their money into bricks and mortar as a hedge against inflation and the EU’s sovereign debt crisis.
Tue, Dec 20, 2011