U.S. slowdown may boost Canada’s real estate market

U.S. slowdown may boost Canada’s real estate market The prospect of a U.S. recession has some homeowners and prospective buyers nervous about the impact on the real estate market in Canada, but one economist says a slowdown could actually boost activity in Canada’s housing sector. It’s not surprising that economic uncertainty in the U.S. has …

Spanish real estate agencies folding

Spanish real estate agencies folding Half of Spain’s real estate agencies have folded in the past year due to a slowdown in the once-booming building sector, an industry association says. Of 80,000 that operated at the beginning of 2007, only around 40,000 have survived and some 100,000 employees lost their jobs, according to the Superior …

American Apparel sees real estate opportunity

American Apparel sees real estate opportunity American Apparel Inc Chief Executive Dov Charney said on Wednesday he saw opportunity in retail real estate for the fast-growing company, given the struggles of many rivals amid the economic downturn. “There’s a lot of real estate out there now because a lot of retailers are struggling,” Charney said, …

Real estate hurdles expected in 2008

Real estate hurdles expected in 2008 The meltdown of the U.S. real estate market has many homebuyers wondering if and how it will affect the housing market in Canada, but market analysts feel the problems the U.S. is experiencing should have little impact on real estate in this country. In fact Statistics Canada recently reported …

Central Valley has two of nation’s weakest real estate markets [California]

Central Valley has two of nation’s weakest real estate markets for 2008 [California] Two of the nation’s five weakest residential real estate markets this year are in the Central Valley, according to Veros Real Estate Solutions, a Santa Ana-based company that sells enterprise risk management and collateral valuation services. Home prices in the Modesto market …

Taking a chance in Belarus’s real estate market

Taking a chance in Belarus’s real estate market Belarus is the last Stalinist-era, centrally planned economy in Europe but a small and hearty group of Western investors are starting to probe the former Soviet Republic, seeing it as the last all-but-untouched real estate market in Europe. Yet, even as outside investor interest is swelling, there …