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U.S. Is Gobbled Up By Foreign Buyers

Thursday, April 24th, 2008    Posted by OP-Mall in United States Property

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.

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The Big Global Bubble Has Burst

Wednesday, April 16th, 2008    Posted by OP-Mall in Trends

World real estate bubbles are showing cracks right now everywhere we look. The NY Times posted the ugly truth the other day on how the U.S housing market collapse is slowly but surely affecting worldwide markets such as Spain, Britain, Ireland, China, Hong Kong, as well as in eastern Europe.

It seems that the whole financial loan crisis is also being influenced by heavy stock fluctuations which in turn sours markets everywhere.

An Irish couple bought their one bedroom apartment in Dublin in 2006 at the peak of the local market for $575,00. This very same apartment is now worth around $100,000 less than then.

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