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 since last May. The number of homes that sold,...
Real estate agent
New housing developments, including resorts and luxury villas, are starting to take off in the southern Caribbean island nation of Grenada. Grenada and the smaller island of Carriacou are two of the least developed islands in the Caribbean and they have an optimal situation for new real estate developments and investors. Property and labor costs are relatively low, so the opportunities for...
The Hydropolis Underwater Hotel is taking shape in Dubai and is set to open by the end of 2007. This will be the world’s first underwater luxury hotel and will set a new standard in building, even for ultra modern Dubai. With so many visitors expected in Dubai in the coming years, this hotel will have no problem drawing guests. The World Trade and Tourism Council (www.wttc.org) recently upgraded its...
The real estate boom across the United States over the past several years slowed considerably in 2006. The slowing market has meant that in certain areas there is an oversupply of new and resale properties on the market. In one of the hotter markets in recent years, South Florida, this is quite true. For international real estate investors, retirees and those just looking for a property in the sun, this is...
Barbados to Host Cricket World Cup Final The Caribbean nation of Barbados is set to host the Cricket World Cup final match on April 28, 2007. The semi final matches will be hosted by Jamaica and Saint Lucia on April 24 and 25, with the winners advancing to the final in Barbados on the 28th. Barbados’ historic Kensington Oval will host the championship match. This stadium is...
Bulgarian real estate has been the victim of some rogue estate agents preying on British Buyers according to Quest Magazine in Bulgaria. The practices of agents selling at three times the value of its market value has caught out unsuspecting overseas property buyers and left agents with huge profits.In a bid to help Britons buy homes in Bulgaria with more confidence, a new campaign to rid the country of...
In a remarkable move a Japanese Billionaire Genshiro Kawamato is opening up the doors to luxury living for low income families in Hawaii. Genshiro Kawamato is dedicating 8 of his multimillion dollar homes to low income native Hawaiian families. He is allowing all the families to live rent free for up to 10 years. Kawamoto owns dozens of office buildings in Tokyo under the name Marugen and his...
Buying property in London UK is an expensive business every sale attracts stamp duty which ranges from 1 percent to 4 per cent depending upon the value of the real estate being bought. House prices in London have soared however the thresholds remain at £250,000 and £500,000 creating a stealth tax. Conservative MP Justine Greening said “Despite all the warm...
The market for new housing units in Auckland New Zealand is going up – into new high rise buildings. The recent boom in building has fueled a spate of new residential towers in New Zealand’s largest city. Somewhere in the range of 2,000 new units per year have gone up over the past several years, but this has started to slow somewhat, according to the New Zealand Herald (www.nzherald.nz.com)....
French real estate has become even more attractive with recent changes in the way French Leaseback property is taxed on its sale. Changes in French law now remove the necessity to pay VAT on French Leaseback properties when they are sold making this type of French property an attractive overseas property investment. The Leaseback System is a scheme which was introduced by the French...