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Archive for June, 2008

Foreclosed homes bidders 'should do their research'

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 […]

UK property investment up 21 per cent

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

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

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.