News about properties and real estate
Scoop: Real Estate Industry Revamp Good For Kiwis New Zealand First’s housing spokesperson Pita Paraone has welcomed the real estate industry revamp which will offer better protection and compensation for consumers who are ripped off by real estate agents. “For too long there has been insufficient redress for Kiwis who have suffered emotional and financial …
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‘Current real estate prices are unsustainable’ Trikona Capital, currently the single largest real estate fund dedicated to India, is planning to invest $10 billion in real estate and infrastructure sector over the next 10 years. Trikona has earlier raised close to $500 million in UK and has commitments worth $1.5 billion in over 14 projects …
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In Florida, foreign buyers help buoy high-end real estate market All is not disaster in Florida, U.S.A. Thousands of houses for sale are sitting empty across the southernmost state, and there have already been auctions of hundreds of foreclosed homes. But, in a situation typical of wealthy enclaves across the United States, the glistening waterfront …
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As Housing in Florida Plummets, the Top Tier of the Market Just Dips Despite a record number of foreclosures and a raft of public auctions of unwanted houses, the upper tier of the real estate market in Florida remains relatively immune to the spreading disaster. The $7 million penthouse is on the water near Fisher …
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1 in 9 jobs tied to real estate [Colorado] One out of every nine jobs in Colorado is tied to the multibillion-dollar residential and commercial real estate industry, according to a report released Thursday. “Regionally, real estate-related employment and earnings are a bedrock of the local economy,” noted the report prepared for the Colorado Association …
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UK personal wealth at £6 trillion The wealth of UK households has been given a dramatic boost by rising house prices, says the Halifax bank. It calculates that total net personal wealth more than doubled between 1996 and 2006, to £6.336 trillion. More than half that rise is due to higher house prices which pushed …