Indicators out of New York show that apartment sales in Manhattan continue to defy the trends in the rest of the United States and are setting new records. According to recently released statistics from four major New York City real estate firms, as reported in the New York Times, average prices for the fourth quarter of 2007 were up 17.6% from a year earlier. That means that the average sale price for an...

Homes of the famous and very wealthy are rarely seen by the public. Rupert Murdoch, head of Newscorp and one of the world’s wealthiest men, is no exception, but renovations to his Manhattan apartment have allowed a brief glimpse into his grand plans. According to a recent article in the New York Times, Murdoch’s triplex apartment on 834 Fifth Avenue is undergoing major renovations, and the work that...

 17/01/2008 London-According to a survey published in the overseas property magazine  A Place in the Sun, Spain remains the number one destination for UK buyers seeking a home abroad. The magazine’s annual Top 20 buying destination report shows that  despite a raft of emerging markets and USA property prices down 30% on a year ago and a dollar weakened by 25%, it’s the traditional sun-seeker’s...

 17/01/2008-Overseas property companies and foreign currency specialists are by their very nature intrinsically linked and this has proved the case with Moneycorp, the foreign exchange specialist, announcing today an exclusive partnership agreement with the French property and finance specialist, GE Money Bank.   The collaboration means that GE Money Bank’s mortgage customers who transfer money to...

British pensioners seeking to save money are heading to Turkey’s to benefit from the low cost of living and cheap property prices. What is more they are finding that building their own home is proving a great way to save even more money. Turkey is proving to be the ideal place to buy land and build your own villa - all while leaving enough money to live through retirement.   Julian Walker, head of...

16/01/2008-London  Buying property in a small town seems to be in vogue in the UK a national daily newspaper has named several of the UK top towns in which to live.   Small towns have become more and more popular for real estate investors in recent years. One reason is the value that these locales offer, providing more home for the purchase price than can be found in or near the larger cities. Another...

16/01/2008 London-With the United States Federal Reserve bank set for further and faster rate cuts than previously expected, the ramifications of such a move were being felt across the world. The dollar fell again against world currencies after comments from Fed Chairman Ben Bernanke in early January. Gold surged to an all time high of $914 an ounce in New York and futures contracts were starting to price...

Jessica Simpson and Tony Romo, the quarterback for the Dallas Cowboys, took some time out and headed to a Mexican resort last week. News reports in a range of media, including UsMagazine.com, People Magazine and the New York Daily News among others, all showed the couple in Cabo San Lucas, Mexico.   Cabo San Lucas is at the southern tip of the Baja Peninsula along the west coast of Mexico. It is one of...

The city of Brisbane in Queensland, Australia is looking for continued growth in real estate prices, according to recent news reports from Australia. International real estate investors have been very interested in this area, with its great beaches and attractive tourism potential. The Brisbane Times and Australian Property Monitors recently reported that the median home price will be up over $400,000 AUD,...

London 09/01/2008-Overseas property on the TV is set to take a leap forward as Fox International Channels (FIC) announced today it has acquired a controlling stake in UK based media company Real Estate TV (RETV). With its launch three years ago, RETV created a whole new media vertical specifically addressing the needs of viewers interested in real estate. Currently you may find them on Sky...