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British & German Buyers Watch Spanish House Prices Slow

The boom that has been the housing market in Spain is starting to slow down, according to many analysts and news reports, including one recently issued by Reuters. The slowdown in price growth will actually make overseas property buyers in Spain more attractive especially to the British and Germans who make a large percentage of international buyers in Spain.   Much of the slowdown in the housing market...

Germans Look to Create a New Chinatown Near Berlin

On an abandoned Soviet airfield in the town of Oranienburg, about 30 km north of Berlin, local authorities are looking to create their own Chinatown like the ethnic enclaves located in San Francisco, Paris, London and other cities.   Mayor Hans-Joachim Laesicke told the AFP that “People will work here, live here and at the same time provide an authentic look at Chinese culture.” Architects have...

House Prices Rising in Canada

Canada House prices have shown signs of a continued strength despite  worries across the border in the United States. The Canadian Real Estate Association (CREA) has predicted record numbers of sales for 2007 and increasing prices for existing houses. With the rising prices, many people are looking to invest in property, either to build now or for future use.   The Canadian financial newspaper The...

International Real Estate Buyers & US Housing Market

The tide could well be turning for US real estate as International Real Estate buyers slowly turn their heads towards the US. Overseas property portal Homesgofast.com and National Association of Realtors report that overseas investors are increasingly in search of US real estate bargains.   UK and European buyers are spoilt for choice when searching to buy property abroad from a range of emerging...

Euro Climbs to All-Time High Against Dollar

The dollar fell to an all-time low against the Euro, passing $1.40 to one Euro on September 20th. It is also on par with the Canadian dollar for the first time in 30 years. The US Federal Interest Board lowered interest rates by one half a percentage point earlier in the week to 4.75% to try and calm jittery markets worried about a falling real estate market, and this has caused foreign currencies to climb...

Canadian Real Estate and FSBO is Going Strong

The real estate market in Canada is still going strong despite the subprime worries across the border in the United States, according to recent news out of the country. International real estate investors and those looking to move to the country have many reasons to be optimistic about the market. The Canadian Real Estate Association (CREA) has predicted that existing home sales will increase in 2007 by...

Top UK Estate Agency Insists That Overseas Property is Checked

Hunters Property Group whose credentials include winning the prestigious Sunday Times SME top 100 companies to work for awards is one of the first UK estate agencies to adopt International Developers Information Packs or IDIP. Hunters Property Group will now have all off plan overseas developments that they promote undergo the legal health checks before they reach their clients.   IDIP can be...

Rental Growth in the UK Reaches Record Levels

The Royal Institute of Chartered Surveyors recently released its lettings survey for the 2nd quarter of 2007, and it shows that buy-to-let investors are increasingly moving into the residential real estate market as rents rise. This quarterly survey provides a comprehensive look at the lettings market in England, Wales and Scotland. It includes trends in tenant demand, rent expectations and average monthly...

More Long Distance Overseas Property Buyers says Moneycorp

With its beautiful sun-soaked beaches, the island paradise of Cape Verde is a good place to consider buying overseas property. Like many property hot spots Cape Verde is further a field than traditional locations. Cape Verde has seen a dramatic rise in popularity over the last few years. Thanks in part to new air routes and the fantastic publicity the country has received, Cape Verde property enquiries...

Moneycorp Reveal New Foreign Currency Exchange Accounts

Moneycorp is today making it even easier to transfer money abroad as it launches its new online account opening facility.   Moneycorp which is a trading division of TTT Moneycorp Limited, has been dealing in foreign exchange since 1979 and last year traded over £7.5 billion in currencies.  The Company has been accredited to ISO 9000 quality assurance since 1996, a unique achievement in the foreign...