Foreclosed homes bidders 'should do their research'
June 30, 2008 by OPPE News · Leave a Comment
Investors thinking of dipping into a US foreclosed homes auction have been warned by an expert to do their research before taking the plunge. Jamie Smith Hopkins of the Baltimore Sun warns advice from real estate investors suggests there is ‘no guarantee’ of getting a bargain when chasing a home put up for sale after being repossessed.
UK property investment up 21 per cent
June 30, 2008 by OPPE News · Leave a Comment
British overseas property investment shot up by 21 per cent last year, statistics show. Figures from the Association of International Property Professionals (AIPP) say in 2007 the British spent a massive £246 billion on homes abroad.
Edinburgh top for student property investment
June 30, 2008 by OPPE News · Leave a Comment
A report from experts Knight Frank has revealed student accommodation is now more profitable than most other types of property investment. According to Home Move, the company’s Bricks & Mortarboard Student Accommodation Review shows weekly rents for students are on the increase.
US City for sale by auction
June 27, 2008 by OPPE News · Leave a Comment
A US property auction firm is gearing up to flog one of the biggest lots it has ever handled – an entire city. Higgenbotham Auctioneers International (HAI) announced it will handle the sale of White’s City, New Mexico, which has been managed by the White family since the beginning of Amercica’s ‘roaring 20s’ boom era.
Mortgage lenders hit property investment with rate hike
June 27, 2008 by OPPE News · Leave a Comment
Three UK high street mortgage lenders have upped the costs of their fixed-rate home loans. Bradford & Bingley, First Direct and the Co-operative bank stepped up fees on Wednesday as banks continue to find it harder to lend.
Bahrain city development is unveiled
June 27, 2008 by OPPE News · Leave a Comment
Bahrain is stepping up its real estate development drive with the unveiling of a master plan city involving up to 30,000 homes. Diyar Al Muharraq was launched on Wednesday and will involve an estimated BHD 1.2 billion ($ 3.2 billion) worth of investment, with Kuwait Finance House the main stakeholder.
Top ten foreclosure opportunities listed
June 26, 2008 by OPPE News · Leave a Comment
US real estate experts have highlighted ten business niches set to grow thanks to the country’s foreclosure crisis. US News turned to the knowledge of Robert Kiyosaki, a columnist and author, and Rick Sharga, vice president of marketing for real estate information provider RealtyTrac.
300 exhibitors expected at property investor show
June 26, 2008 by OPPE News · Leave a Comment
A total of 150 exhibitors have already signed up to the 2008 edition of the largest UK property investment event. The Property Investor Show will run from September 19th to 21st at London’s ExCeL centre and expects a further 150 firms to commit before the event goes ahead.
'Moving' building planned for Dubai
June 26, 2008 by OPPE News · Leave a Comment
The world’s first moving building is to be built in Dubai after plans were drawn up by a visionary Italian architect. David Fisher unveiled the Dynamic Tower project at a New York press conference, saying it would feature 80 floors and be 420 metres tall.
Foreclosures dump tenants on streets
The US foreclosure crisis is starting to hit families renting houses as their landlords fall behind with payments. Tenants even with perfect credit and payment histories are being evicted in record numbers because owners are delinquent on monthly mortgage commitments.
