An increased flow of consumer credit will be a key aim of the incoming Obama administration, members of his team have pledged, news that may interest those thinking of investing in property USA.Speaking as the new president prepares to take office this week, the incoming head of the National Economic Council Larry Summers told the [...]
Rethymno Carnival on the island of Crete is an annual event that may attract a large number of tourists, something that could be of interest to those thinking of in investing in Crete property.This is no one-day affair, as a range of events takes place over a three-week period in February and March, marking dates [...]
The Italian Tourist board has launched a campaign to promote golf holidays in the country, it has been revealed, something that may interest those thinking of investing in Italy property."Golf & More" is a campaign aimed at promoting the game and the possibilities open to visitors to enjoy it in the regions of Liguria, Tuscany, [...]
The European Central Bank (ECB) has cut its main interest rate from 2.5 per cent to two per cent, the fourth time since September that it has been reduced.ECB president Jean-Claude Trichet said the level had been trimmed in response to a situation of falling inflation and recession in the eurozone.He added that the body [...]
The highest area for foreclosures in Florida is Lee County, which contains Fort Myers, new figures have revealed.RealtyTrac's data for repossessions across the US show that in the state of Florida Lee County was the worst hit area, suffering 6,454 cases - the equivalent of one in 55 homes.This contrasts with areas like the neighbouring [...]
The potential of tourism as a means of achieving greater wellbeing is being promoted in the Canary Islands. Gran Canaria's department of tourism has teamed up with the Canaria Spa and Wellness Association in an initiative that will see 30 per cent discounts provided on health and wellbeing products and services sold to tourists, Round [...]
Florida was the state with second highest rate of foreclosures last year according to new figures, something that may interest investors in the Florida property market.Data from foreclosure dealers RealtyTrac in its end of 2008 report showed that overall, the number of foreclosures across the US was up 81 per cent on 2007, with 1.84 [...]
The Costa del Sol property market is offering a large number of cut-price deals at present, real estate firm Spanish Hot Properties has stated.Explaining that Spanish banks are increasingly resorting to repossession, marketing and operations manager for the firm Susana Suspenda remarked: "People who are in financial difficulties are having to decide whether to take [...]
Alternative holiday destinations may be considered by Britons this year due to the weakening pound against the euro and the dollar, it has been suggested.Overseas property in the Seychelles, Brazil, Iceland, Australia, Poland, New Zealand, Norway and Sweden may benefit from increased tourism as the pound has risen against the currency of these countries, according [...]
New York property is one of the most popular acquisitions by foreign investors, it has been revealed.The latest survey from the Association of Foreign Investors in Real Estate (Afire) has shown that New York property ranked third out of the top five global cities to invest in real estate.Washington and London also featured as attractive [...]