Tiger Woods won the Dubai Desert Classic Golf Tournament in spectacular fashion over the first weekend in February, 2008. Woods birdied his last two holes and five of the last seven for a 7-under par round of 65. This win was his largest comeback in nearly eight years as he rallied from a four shot deficit to beat Ernie Els and runner up Martin Kaymer. Martin Kaymer, from Germany, won two weeks ago in...
Panama City, Panama is seeing a real estate boom that is drawing the interest of international property investors. The city, located on the Pacific Coast of this Central American country, is seen as one of the hottest places for property in all of Latin America. There are currently more than 35 high rise buildings under construction and more than 300 additional projects in the planning stages. If all the...
4/02/08-Tesco has set the cat amongst the pigeons of UK estate agencies and property portals by announcing that it intends to launch an online estate agency service. The financial strength behind Tesco could see undercutting the traditional estate agencies. The move is response to the difficulty it experienced with it private sellers website services. Rightmove and Primelocation could also be forced,...
4/2/2008-Sterling started the week full of promise, pushing up through $1.98 to make repeated tests of $1.9550. On Friday the music stopped and the Pound slumped nearly three cents. It eventually found support at $1.9650 and renewed enthusiasm in the Far East this morning had taken it almost to $1.98 by the time London opened. It was therefore virtually unchanged on the week.There were some surprises...
Prague is changing with brand new property developments springing up over the city. It is also attracting overseas property investors to buy property in the city. For many people, the city of Prague leads to thoughts of beautiful old architecture, cafes and the bohemian lifestyle. Lately, though, the capital city of the Czech Republic is seeing some fast rising developments alongside international...
According to the National Association of Realtors, (NAR) the final number of existing homes sold for 2007, including condos, single family houses and co-ops, came in at 5.652 million units. That’s compared to 6.478 million units sold in 2006. While prices and mortgages remain relatively low, making it a good time to purchase a home in the United States, the market has been showing an uncharacteristic...
Trying to raise USD23 million in mortgage finance for a home is not easy in today’s credit squeeze environment. This stark reality is facing Michael Jackson who now faces losing his fantasy land home Neverland. The mortgage broker trying to find fresh financing for Jackson on his $23 million loan held by Fortress Investments is finding it near impossible to find a willing lender. If Neverland is not...
27/01/2008 London-The credit crunch and sub prime crisis is rippling right through the financial industry and add to the woes of two big players Barclays Capital and HSBC is a class action lawsuit. Friday 25th January saw the two named in an action brought over the huge collapse of the US biggest mortgage firm Countrywide Financial. New York state officials are suing a total of 26 banks and two...
For those who fly Singapore Airlines, it’s no secret that this Southeast Asia based airline is a great way to travel. Increasingly, though, more and more people are hearing about the great service and amenities that are offered on this often luxurious airline. The US readers of Business Traveler magazine voted Singapore Airlines as the Best Airline in the World in its recent 2007 awards. On top of that...
Dubai’s Jumeirah Beach Hotel has been voted the Best Hotel in the Middle East by the readers of Germany’s prestigious Business Traveler magazine. Additionally, the Jumeirah Group was voted Best Middle East Hotel Chain by the same readers, as reported in various hospitality publications including Hospitality Net. The American travel magazine Global Traveler also just named Jumeirah as the Best Hotel...