Hot Spots for the Cost-Conscious

On February 23, 2009, in International Property, by Colin Gorvett

2009 may well be the year in which some lesser-known locations where real estate bargains abound, get their fair share of attention. Italy – “The Abruzzo region is the most overlooked and undervalued area in Central Italy with house and property prices between 30% and 70% cheaper than Tuscany and Umbria.” For areas that offer [...]

 

Foreign Real Estate Investment to Grow

On February 15, 2009, in International Property, Property Finance, by Colin Gorvett

* foreign real estate lenders say they plan to increase lending by 54 percent globally * equity investors plan to increase investment activity by 40 percent globally * foreign investors in real estate are expect to spend significantly more investing in US real estate in 2009 than they did in 2008 These are 3 of [...]

 

National Budget 2009

On February 11, 2009, in Property Finance, by Colin Gorvett

The Minister of Finance, Trevor Manuel, today delivered his National Budget Speech for 2009 announcing various changes to budget allocations and again confirming the government’s continuing commitment to their disciplined fiscal policy. For the tax paying population, the most relevant of these are: Send to Facebook

 

Downfall of Real Estate

On February 8, 2009, in General, Property Finance, by Colin Gorvett

Still to see Valkryie? Enjoy this clip with Hitler as the real estate investor. He bought a house to flip, faces foreclosure when the housing bubble ends, and now wants to get bailed out. Send to Facebook