Formula 1 fans were able to tab into another great race the weekend just gone with the Spanish Grand Prix seeing another strong Ferrari win. This time the boys with toys were trading podium places from the last race in Bahrain with Kimi Raikonnen bringing home another win for the red team.
According to latest sources Malaysia’s real estate market is expected to reach a plateau this year. Having enjoyed fantastic growth over the years from 2003-2006 and a holding a steady market last year, experts predict there will be changes for the future caused by the U.S. market melt down.
Especially the growth in rentals and capital value is said to ease out by the end of 2008. There will also be an oversupply of yet to be finished residential developments, which will further stop the growth of recent years.
Foreign buyers are eating U.S. property for dinner lashed with plenty of sauce. Ok, that was a rather weak approach at injecting some excitement into the fact that American real estate agents are pimping out bonuses to overseas buyers.
Extras such as airfare reimbursements and paid hotel bills could well become a reality for you if you are amongst those overseas buyers who have taken advantage of the dwindling economy in America.
Right now we enter a buyers market - if only there are buyers with enough cash flow to play the game. To boost local economy, some real estate agents have taken matters into their own hand and lure buyers from across the pond by giving them the royal treatment.
It seems the latest hot property commodity is handled Down Under on Australia’s Sunshine Coast. With plenty of sun, gorgeous beaches and a trendy lifestyle as well as very affordable prices for those coming from the UK, it is no wonder that there seems to be a mass exodus. Ok, maybe not mass, but we are sure you get the picture.
The Spanish government has acted fast to counteract the worldwide property gloom that seems to have hit us like a storm in the last few weeks. A new law was passed on April 18th that cuts all workers and pensioners tax bill by 400 euro, taken from a budget surplus to help counteract the slumping housing market.
18 billion euros has been approved with immediate effect to be funnelled back to the Spanish residents. 10 billion for this year and the remaining 8 billion euros next year.
Monday, April 21st, 2008 
Posted by Overseas Property Mall in Overseas Property Trends, Property News Summaries
In the latest report released by the IMF (International Monetary Fund) the document states, while the global financial market meltdown has had little effects on the Middle East region, it is still responsible for complicated policymaking caused by the depreciation of the U.S dollar.
While regional growth received a strong 5.8 percent in 2007, increases in oil productions have been limited in the oil producing countries. The strong expansion of credit to the private sector as well as increased spending by Middle Eastern governments is made possible right now with high oil prices.
This has resulted in a strong growth of the local economy, especially in countries like Egypt who reported a 7 percent increase over the year of 2007.
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