The New York City real estate market is seeing an influx of investors from abroad, helping to keep the market going strong. Many of these overseas property buyers have no intention of living on Manhattan, where most of the property is being purchased. Rather, they see it as a good opportunity for rental income and a long term investment that will appreciate. An article in the New York Times highlights...
FIFA, the international football federation, has recently announced that Brazil will host the World Cup Finals in 2014. The country, which has won the tournament a record five times and hosted it in 1950, is set to undertake massive renovations and infrastructure projects to be able to host the competition. The Brazilian soccer federation estimates that the cost of construction and remodeling of...
Overseas property lovers in search of a Caribbean dream home on Turks and Caicos need to get their skates on as the islands become more popular. The Caribbean destination is becoming a firm favourite with luxury overseas property buyers, particularly with the British. Property prices have been reasonable, however buyers are now finding that bargains are being snapped up and will soon be very hard to...
When overseas citizens move to a foreign country, life can be a bit challenging, certainly at first. Having a support group or some source of information on life in that country is one way to help expats settle down and feel more at home. For those who move to Brazil, there is often quite a bit of culture shock. Fortunately, there is at least one source of information, a website called gringoes.com....
October 30th 2007: British Home Loans Florida Inc., the Orlando-based “Foreign National” mortgage specialists, have announced the highly successful results of a year-long market test of an innovative and timely multi-currency home loan specifically designed for Foreign National and US investor homebuyers in Florida. British Home Loans specialises in assisting Florida builders and Realtors wishing to...
House prices in England and Wales are still growing, according to data released by the Land Registry, but the rate of growth is slowing a bit. Prices in September rose .4%, bringing the annual growth rate down to 8.7% from 9.4% in August. The cost of the average house rose to £183,896 in September. London housing still leads the way, growing at a faster rate than the rest of England and Wales. Home...
London- 29th October 2007. The Dollar and Sterling still seem to be the talk of the town; the US Dollar staged a swift rally in a thin market simply because investors were not prepared to chase the Euro higher after the weekend's record high. Without the Euro to drive things forward Sterling was subject to a similar round of profit-taking. Some innocent bystanders will have been hurt in the scramble but...
The Canadian real estate boom has seen prices rise throughout the country, and Vancouver has become the hottest market. Century 21 Real Estate completed a survey of worldwide real estate earlier this year, and determined that downtown Vancouver is the most expensive market in Canada for housing. The average sales price for a condominium in Vancouver was just over $419,000 in Canadian Dollars, up 14.6%...
The Canadian province of Newfoundland has seen property values rise to record levels recently, but the home costs are still well below the national average. This east coast province, officially named Newfoundland and Labrador and bordering the Atlantic Ocean, has some of the most spectacular coastline anywhere and is an outdoor lover’s dream. The province consists of Newfoundland Island, with the...