Accreditation of International Real Estate Professionals

Real estate related news from around the globe

According to a recent report from a risk adviser to Banco Santander SA (SAN) and five other lenders, Spanish banks are currently holding 30 billion Euros worth of property that they can’t sell. “I’m really worried about the small- and medium-sized banks whose business is 100 percent in Spain and based on real- estate growth, [...]

This Post is from: Overseas Property Mall, part of Fuzz One Media Group

Spanish Banks Stuck with €30bn in Unsellable Property

12/07/2011
Unbelievable.That is the only word fit to describe the fact that the world’s tallest, most luxurious, lavish and downright most expensive single-family home has been left lying empty for what is now more than a year since its completion. People are understandably angry at the waste. But that is not the only unbelievable thing about [...]

This Post is from: Overseas Property Mall, part of Fuzz One Media Group

World’s Most Expensive Family House – Antilia (Mumbai) Lays Empty! Now the World’s Biggest Waste

11/30/2011
The global property markets are imploding, and fast. The strain that first found its footing in the U.S has now truly gone viral. From Dubai to Denmark, developers have been left reeling, while national exchequers struggle to hold ground. So, how did the housing market bring the greater world economy to its knees? What could [...]

This Post is from: Overseas Property Mall, part of Fuzz One Media Group

Why Did America’s Property Bubble Burst? Here Are 8 Reasons…

11/30/2011
David Cameron has finally decided to do something about Britain’s troubled housing market, but it’s not sitting pretty with analysts and investors alike. His radical new strategy (his words, not mine) includes: letting first-time buyers access mortgage funds after only putting up 5% in down payments; further pushes for the Right To Buy scheme targeted [...]

This Post is from: Overseas Property Mall, part of Fuzz One Media Group

Cameron’s New Housing Bid: Lend, Build, and Repeat

11/25/2011
UAE – Dubai We already reported on how UAE’s thriving aviation industry is helping the region keep out of trouble, and now apparently it’s even flown in to revive those flat lining property markets. Rental specialists, Campaya, just cited Dubai as this holiday season’s go-to destination of choice, reporting a marked uptick in demand for [...]

This Post is from: Overseas Property Mall, part of Fuzz One Media Group

OPM’s News Round-Up & Linkage – Our Hottest Picks – Dubai for Christmas Anyone? Chilean Luxury Bubble & Britain’s Richest Woman

11/24/2011
Spain’s markets are in a fix, and there seems to be no creditable solution in sight. In fact, there is no credit. Lending activity in the country has slowed down dramatically, having experienced its greatest fall this year (a record 2.64% decline till September). The property markets gone bust, and looks to have taken all [...]

This Post is from: Overseas Property Mall, part of Fuzz One Media Group

Spanish Banks UNABLE to Sell Toxic Real Estate Assets

11/23/2011
The Chinese authorities have succeeded in making good on their promise to lower property prices, but this bid to make housing affordable for the greater half of the Chinese population mightprove particularly costly for the Chinese economy as a whole. The residential sector is a major contributor of short-term economic growth in China, and accounted [...]

This Post is from: Overseas Property Mall, part of Fuzz One Media Group

China’s Falling House Prices

11/22/2011
The UAE seems well perched on the formidable wings of its soaring aviation industry. Markets are swiftly jetting towards the promise land of both recovery and progress. The region is close to realising its long held ambition of piloting growth independently off its naturally occurring oil reserves (UAE is the 4th largest exporter of oil [...]

This Post is from: Overseas Property Mall, part of Fuzz One Media Group

Can the UAE ‘Fly’ its Way Out of a Property Slump? – Abu Dhabi’s Thriving Aviation Sector

11/22/2011