|
|
 |
News
01/02/2012 Brazilians becoming big buyers in Florida Even in a city that has embraced so many waves of Latinos that it is jokingly referred to as the only South American capital in North America, no one group has been as courted and pampered as the Brazilians.
Flush with cash from a booming economy and enamoured of luxury, Brazilians are visiting South Florida in droves and spending millions of dollars on vacation condominiums, clothes, jewellery,... Read full news |
|
|
12/28/2011 Decline in U.S. house prices slowing. Home prices have been declining since 2008, with a federal tax credit in early 2010 only temporarily boosting prices. But while recent months have seen continued declines, the rate has slowed. The Case-Shiller Home Prices Indices reported a 3.9 percent decline in the third quarter, an improvement from the 5.8 percent decline in the second quarter.
According to Zillow, homeowners are... Read full news |
|
|
12/27/2011 Russian to invest 1 billion in US foreclosed property Russian billionaire Mikhail Fridman is launching a real-estate fund that will focus on distressed properties from Boston to Miami, in the latest example of a deep-pocketed foreigner placing some chips on the U.S. real-estate market.
Mr. Fridman, who founded the Russian financial-industrial conglomerate Alfa Group, is part of a venture that plans to invest in properties with a total value... Read full news |
|
|
11/23/2011 American foreclosure rate improves by a third The US foreclosure rate has improved by nearly a third year-on-year.
RealtyTrac released its October 2011 Foreclosure Market Report this week showing that filings, default notices, scheduled auctions and bank repossessions took place on 230,678 U.S. properties in October, which is down nearly 31% on October 2010.
The report also revealed that one in every 563 US homes was served with a... Read full news |
|
|
11/17/2011 UK seen as safe haven in Euro crisis Currency brokers have noticed a surge in British and other international investors pulling their cash out of the troubled Euro zone. Much of these funds have been transferred to UK Banks and financial institutions. With its independent currency and coalition government pressing ahead with austerity measures, the country is seen as a better prospect that the uncertainty in mainland... Read full news |
|
|
|
|
|
 |
|
|
