Spring 2010 is approaching and there’s a lot of buzz around topics like the economy, taxation, global poverty, restoration in Haiti/Chile, and lastly, green awareness. With spring, Earth Day also draws nearer (April 22nd); as individuals, we must remember and realize the importance of global warming and all of its implications. Subsequent topics discussed as of late include space travel/burning of fossil fuels, deforestation, and green building. As nations like Haiti and Chile prepare for rebuilding and new construction, there are many things to consider when advancing. Moving towards cleaner, greener infrastructure is vital in ensuring a successful restoration campaign.
More on Green Infrastructure, Earth Day and Global Awareness
With the housing boom in the early part of the decade, jumbo loans became more and more commonplace in the home loan market.
The biggest real estate agency in the UK, Countrywide, has just bought the Sotheby’s International Realty UK franchise. The deal includes the auction house’s Mayfair-based franchise office in addition to the exclusive agreement with which Countrywide plans to grow the 500-office network across the UK and in the Channel Islands.
More on Sotheby’s International Realty UK Bought by Countrywide
As seems usual, the luxury real estate news is a mixture of spin, good news, bad news and vultures picking through the carcasses of failed condo ventures. Top of the list of things-most-talked about seems to be London luxury property prices. With a dearth of sales (around 50% of normal volumes) and a discount of around 30% to buyers spending Euros, average property prices have squeezed up.
More on Luxury Real Estate News 03/08
Lets face it – Dubai is the place to go when you need to launder money. This is why Citibank and all the other large US banks have branches there – to avoid awkward questions about bonuses.
More on More Shenannigans in Dubai As an 11 year old Buys Millions in Waterfront Property
London prime property prices have risen once again on the back of low sales volumes and an extremely weak pound. According to the latest figures from the Land registry, average prices in the Royal borough of Kensington and Chelsea are now in excess of eight hundred thousand pounds.
More on Lack of Sales Driving London Prime House Prices Up
