Archive for November, 2008
November 30, 2008 at 10:46 pm
· Filed under Miscellaneous
The Spanish government is under pressure over the possible sale of up to 29.9 per cent of Repsol to Lukoil of Russia
Original post by Click here and PropertyMagnate.com
Related Articles:Sacyr considers options for Repsol stakeSpanish construction company Sacyr Vallehermoso said it was looking at all options with respect to its 20 per cent stake in oil major Repsol YPF...... click title for details
Sacyr plans to sell environmental divisionSacyr Vallehermoso, the Spanish construction and real estate group, plans to sell Valoriza, its environmental division, in order to reduce debt. Sacyr hopes to raise...... click title for details
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November 30, 2008 at 10:21 pm
· Filed under Miscellaneous
The outlook for Dubai has worsened, with Nakheel, the state-owned property developer, cutting 15 per cent of its workforce
Original post by Click here and PropertyMagnate.com
Related Articles:Job losses add to deepening Dubai gloomThe uncertain economic outlook for Dubai worsened yesterday as Nakheel, the government-owned property developer, said it was cutting 15 per cent of its workforce and...Original...... click title for details
Job cuts add to deepening Dubai gloomThe uncertain economic outlook for Dubai worsened yesterday as Nakheel, the government-owned property developer, said it was cutting 15 per cent of its workforce and...Original...... click title for details
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November 30, 2008 at 8:37 am
· Filed under Miscellaneous
TheMoveChannel.com, the leading international property portal, announces a number of new properties in Mexico. (PRWeb Nov 30, 2008)
Read the full story at http://www.prweb.com/releases/2008/11/prweb1679964.htm
Original post by Click here and PropertyMagnate.com
Related Articles:Mexico Real Estate Agency Beats Crisis, Expands Business Rapidly
Mexico investment real estate experts, Investment Properties Mexico, announced new plans for rapid expansion today,...... click title for details
1st Nations Mexico and 1st Nations Mortgage of Mexico Announce New Financing Guidelines
...... click title for details
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November 29, 2008 at 3:44 am
· Filed under Miscellaneous
Property prices in areas such as Mayfair, Kensington, Notting Hill and Chelsea fell even further in November, with houses depreciating faster than flats amid sharp cuts in asking prices
Original post by Click here and PropertyMagnate.com
Related Articles:Houses in London rich spots lose more than flatsHouses in the most exclusive parts of London are now depreciating in value at a faster rate than flats, according to data from Knight Frank,...... click title for details
Friday afternoon linkage - houses aren’t cashBuying agents - not just for the rich [Telegraph] 14% of mortgages are buy-to-let [My Finances] Houses aren't cash, shock [Money Week] Interest-only mortgages -...... click title for details
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November 29, 2008 at 2:00 am
· Filed under Miscellaneous
Spanish property group Habitat yesterday filed for creditor protection owing â?¬2.3bn ($2.9bn), amid signs that last-ditch efforts to rescue other developers were…
Original post by Click here and PropertyMagnate.com
Related Articles:Failure of Habitat rescue fuels property fears Spanish builder files for creditor protection owing â?¬2.3bn, amid signs that efforts to rescue other developers are also in trouble ...... click title for details
New York Habitat Celebrates 20th Anniversary in Business
New York Habitat, a company specializing in furnished apartments and vacation rentals, is commemorating its...... click title for details
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November 29, 2008 at 2:00 am
· Filed under Miscellaneous
House prices could fall 30 per cent over the next two years in what would be the worst crash on record, according to the price of contracts being traded on the…
Original post by Click here and PropertyMagnate.com
Related Articles:Shortage ensure strength for housing market Andrew Sentance, a Monetary Policy Committee member, no less, compares the 80s housing crash to the 90s housing crash, and points out that a...... click title for details
Property crash weighs on stateDubai is showing signs of economic recovery but a dramatic domestic property crash and rising debt servicing needs will continue to weigh on the emirate...... click title for details
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November 29, 2008 at 2:00 am
· Filed under Miscellaneous
If UK mortgage lenders believe they have secured enough capital to tide themselves through a recession, they had better think again. A look at the residential property…
Original post by Click here and PropertyMagnate.com
Related Articles:Thursday lunchtime linkage - market turning? Americans choose credit cards over homes [Housing Panic] Okay, so will you buy my house if I throw in a Wii? Tech fan loses...... click title for details
Rightmove report - property price excitement Despite getting up and going out to work every day, a typical full-time worker is paid just £23,500 - but loses about £6,000 to...... click title for details
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November 29, 2008 at 2:00 am
· Filed under Miscellaneous
From Mr Richard Bleasdale. Sir, While I applaud Edward de Bono’s argument (”‘De Bono contract’ could rev up the market”, November 22/23) that creative thinking is now…
Original post by Click here and PropertyMagnate.com
Related Articles:New Real-Estate Website Company Gives A Voice To Sellers, Changing The Housing Market For Foreclosures, Short Sales, Lease Options And Motivated Sellers
WholesaleYourHome.com -- Paving the way for a completely new, innovative yet personal way to advertise...... click title for details
Allen Tate Company’s Job Loss Protection Program Getting Results in Challenging Real Estate Market
Allen Tate Company, the Carolinas' real estate leader, has launched a new program designed to...... click title for details
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November 29, 2008 at 2:00 am
· Filed under Miscellaneous
Houses in the most exclusive parts of London are now depreciating in value at a faster rate than flats, according to data from Knight Frank, the estate agent. Property…
Original post by Click here and PropertyMagnate.com
Related Articles:Houses in London rich spots lose moreProperty prices in areas such as Mayfair, Kensington, Notting Hill and Chelsea fell even further in November, with houses depreciating faster than flats amid sharp...... click title for details
New-build flats lose 26% on resaleThe price of a new-build flat drops on average by more than one-quarter when resold, according to data from auction houses that also confirm the...... click title for details
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November 29, 2008 at 2:00 am
· Filed under Miscellaneous
A group of white Zimbabwean farmers scored a rare victory against President Robert Mugabe’s regime yesterday when a regional court ordered it to halt a programme of…
Original post by Click here and PropertyMagnate.com
Related Articles:Farmers National Company Celebrates 80 Years with Record Growth
The recent meltdown of the financial markets and increased regulations in the industry has created...... click title for details
Heading for the hills 2007 was the year the ‘lifestyle farmers’ bought more land than actual raised-on-the-dirt farmers. If you read the Sunday supplements you know the type,...... click title for details
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November 28, 2008 at 6:58 pm
· Filed under Miscellaneous
The residential property derivatives market suggests house prices have very far indeed to tumble before they reach their expected trough
Original post by Click here and PropertyMagnate.com
Related Articles:Icap launches Asian property derivativesThe interdealer broker is expanding its property derivatives activities into Asia to tap into a perceived demand for indirect property investment in the regionOriginal post...... click title for details
Investors return to property derivativesThe volume of trading in property derivatives, most of which are based on movements in the benchmark IPD property indices, is accelerating againOriginal post by...... click title for details
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November 28, 2008 at 6:31 pm
· Filed under Miscellaneous
Spanish builder files for creditor protection owing â?¬2.3bn, amid signs that efforts to rescue other developers are also in trouble
Original post by Click here and PropertyMagnate.com
Related Articles:Habitat move adds to property fearsSpanish property group Habitat yesterday filed for creditor protection owing â?¬2.3bn ($2.9bn), amid signs that last-ditch efforts to rescue other developers were...Original post by Click...... click title for details
Failure raises concern for regional banksThe failure of -IndyMac, one of the biggest banks to go under in US history, has sparked fresh fears about the survival of other lenders...... click title for details
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November 28, 2008 at 6:15 pm
· Filed under Miscellaneous
PROMOVE, THE APARTMENT SOURCE has a new website. Visitors can use an interactive map to help them find exact locations for apartments in Atlanta and Dallas. The website has thousands of apartment listings and area experts are available to assist users with their apartment search. Website also has references and articles about area lifestyles, neighborhoods, culture and education. (PRWeb Nov 28, 2008)
Read the full story at http://www.prweb.com/releases/2008/11/prweb1673594.htm
Original post by Click here and PropertyMagnate.com
Related Articles:Promove Announces Its New Apartment Search Services In The Atlanta And Dallas College Communities
Promove now offers its services for renters in the Dallas and Atlanta college markets. This...... click title for details
Atlanta Apartments | PROMOVE is now offering free rent for using their apartment locating services.
PROMOVE offers free and discounted services for Atlanta apartments to assist renters during these tough...... click title for details
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November 28, 2008 at 5:15 pm
· Filed under Uncategorized
Related Articles:Market report - Land Registry Thanks to a Rat and Mouse reader for this: Land registry statistics for July just released. The headlines proclaims slow growth but that belies...... click title for details
Market report - Land Registry, one index, two stories… The first fall recorded in four months by the Land Registry... a 0.1% drop in August. Annually, we're now just 9.4% down (from 16.3%)......... click title for details
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November 28, 2008 at 5:04 pm
· Filed under Miscellaneous
If house prices are to return to pre-boom levels a further 25-30% drop is needed, meaning the market is only halfway through its slump
Original post by Click here and PropertyMagnate.com
Related Articles:Tuesday morning linkage - it’s boom-time… for builders… in Ing-er-land… Government moves to tackle housing crisis [Reuters] Floods "must not stop housing plan" [Guardian] Labour meddles with housing at its peril [Telegraph] £8bn promise...... click title for details
Overcoming Affordable Housing Obstacles
New book examines challenge of providing affordable housing. Author discusses policy and social changes needed...... click title for details
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November 28, 2008 at 2:06 pm
· Filed under Miscellaneous
Metrovacesa confirmed plans to sell the London headquarters of HSBC back to the bank at a loss, as two other Spanish property groups revealed that they were in serious financial trouble
Original post by Click here and PropertyMagnate.com
Related Articles:Metrovacesa confirms HSBC headquarters saleMetrovacesa confirmed plans to sell the London headquarters of HSBC back to the bank at a loss, as two other Spanish property groups revealed that...... click title for details
Gloom over Metrovacesa saleMetrovacesa, the Spanish property company, is struggling to find a partial sale for the HSBC skyscraper in London's Canary Wharf, with just weeks to go...... click title for details
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November 28, 2008 at 2:06 pm
· Filed under Miscellaneous
Metrovacesa confirmed plans to sell the London headquarters of HSBC back to the bank at a loss, as two other Spanish property groups revealed that they were in serious financial trouble
Original post by Click here and PropertyMagnate.com
Related Articles:Metrovacesa confirms sale of HSBC building at a lossMetrovacesa confirmed plans to sell the London headquarters of HSBC back to the bank at a loss, as two other Spanish property groups revealed that...... click title for details
Gloom over Metrovacesa saleMetrovacesa, the Spanish property company, is struggling to find a partial sale for the HSBC skyscraper in London's Canary Wharf, with just weeks to go...... click title for details
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November 28, 2008 at 11:52 am
· Filed under Uncategorized
Congratulations! You own a new bank… [BBC] Hey… estate agents have started selling houses again [Telegraph] King of tenants promises trouble [Times] New homes for Tower Hamlets [London.gov.uk] The UK property conundrum [International Herald Tribune] The Rat and Mouse…
Original post by Click here and PropertyMagnate.com
Related Articles:Friday lunchtime linkage - “pretty rum affair” A glimpse behind the curtains at Nestoria [Nestoria blog] Half a market [Daily Mail] Bank of England's plan inadequate [IHT] House price furore "pretty...... click title for details
Friday lunchtime linkage - around the world in a million Euros On turnkey living solutions [Times] London's rich priced out [Nubricks] A million Euros of property, around the world [Forbes] Going underground [Telegraph] The Rat...... click title for details
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November 28, 2008 at 9:30 am
· Filed under Miscellaneous
RealtyStore (www.realtystore.com), the nation's leading provider of foreclosure listings, released its quarterly Nevada Foreclosure Report. Default notices in Nevada are up 109% since Q3 2007 due to subprime lending and speculative investments. As the economy further weakens and housing prices plummet, Nevada real estate owners are in for a rocky road. (PRWeb Nov 28, 2008)
Read the full story at http://www.prweb.com/releases/2008/11/prweb1676774.htm
Original post by Click here and PropertyMagnate.com
Related Articles:Q1 2008 Nevada Foreclosure Report Released by RealtyStore.com
...... click title for details
August 2008 Illinois Foreclosure Report Released by RealtyStore.com Default Notices in Illinois up 26 Percent from July 2008 and 37 Percent from August 2007
RealtyStore (www.realtystore.com), the nation's leading provider of foreclosure listings, released its monthly Illinois Foreclosure Report....... click title for details
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November 28, 2008 at 9:15 am
· Filed under Miscellaneous
Homes Overseas, the leading overseas property experts have added a property buying guide titled 'Property buyers now buying Malaga property', to their extensive online property article archive. The guide is presented as an elaborate article. (PRWeb Nov 28, 2008)
Read the full story at http://www.prweb.com/releases/2008/11/prweb1608174.htm
Original post by Click here and PropertyMagnate.com
Related Articles:Homes Overseas Announces New Property Buying Guide for Costa del Sol, Spain
Homes Overseas, the leading overseas property experts have added a property buying guide titled 'Costa...... click title for details
Homes Overseas Launches New Property Buying Guide for Fuerteventura, Spain
Homes Overseas, the leading overseas property experts have added a property buying guide on Fuerteventura,...... click title for details
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