Property News
Nearly 2 of 5 London Properties Now Paid for in CashAccording to a recent report by Hamptons International, a leading European real estate brokerage service, nearly 40% of properties purchased in the city of London are now bought with cash, rather than credit. The report, detailing UK sales during the first quarter of this year, showed that a similar trend was common throughout both England […]
U.S. Real Estate Market Prospects in 2012The U.S. real estate market has taken a bad thrashing the last four years. Long gone are the days when it floated high in the sky in mid-2007 with property valuations approaching averages of a half million dollars (http://www.reuters.com/article/2012/05/14/us-usa-campaign-housing-idUSBRE84D17P20120514). Worse yet, home prices continued to drop again in the first quarter of 2012, signaling to […]
Is Florida a Buy, Hold, or a Sell?The first 5 to 7 years of the 2000’s, especially in the United States will forever be known for a period when a house had become an asset that was viewed the same way Wall Street views a stock. Financing was easy and cheap to come by, and flipping homes for a profit was a […]