Archive for January 25, 2012
Vancouver Real Estate Profits From Chinese Government Restrictions
A yearly trend, which sees large amounts of Chinese investor’s coming to Canada to buy property has many Vancouver real estate experts bracing themselves for another busy Lunar New Year. This anticipation has been peaked of late because of heightened restrictions on Chinese property investment. With this brings high expectations that the first few months of 2012 will be injected with more activity in the local Vancouver housing market.
Research has shown that the Chinese continue to develop an insatiable appetite to live and purchase property in urban areas in and outside of China. China’s National Bureau of Statistics revealed that for the first time, the number of city-dwellers outnumbered those in rural areas. The latest figures for 2011 show 51.3 percent of China’s population live in urban areas.
Real Estate accounts for nearly 13 percent of China’s booming economy and has had few signs of slowing down with growth estimated at 28 percent a year. This has lead to many economists to call for regulations stating that the numbers are unsustainable and are creating an unbalanced housing market.
The benefits of having a red hot real estate market, is that property prices have allowed for the government to spend exorbitant amounts of money. But as provinces and local municipalities sell land and use land for large loans, economist have raised concerns of an emerging debt crisis similar to that of the US and Europe. Read the rest of this entry »
Homes in Auburn – A 2012 Real Estate Market Forecast
If the buyer and seller would be happy to houses in Auburn in 2012?
What is the real estate market look like in 2012?
Based on the achievements of the local real estate markets in 2012 an exciting year for the purchase and sale of homes in Auburn and Lee County, Alabama. After years of steady growth and appreciation in property values and property values have Auburn homes in the United States fell.
Despite these turbulent conditions in the local real estate markets and the national home sales are up, prices are low and housing inventory is moving fast.
Attractive prices for historic houses, real estates in the suburbs, condominiums and new construction, which fell faster sales and inventory data of houses increased by 7.5 percent. Can today, and as we move into 2012, there is plenty of available properties for buyers benefit from competitive prices and enjoy a wide selection of properties in the Auburn – Opelika, AL area. Current statistics show that more than 900 local properties with an average price of $ 149 000, which houses many of you could mean for under $ 100k. Read the rest of this entry »
Booming Florida Real Estate Market
The growth of the once sleepy little town of Naples, Florida has branded it the reputation of “The Palm Beach of Florida’s West Coast.” It’s known for its luxury and elegance, offering such famous shopping stables that include:
• Fifth Avenue South
• The Village on Venetian Bay
• Third Street South
• Coastland Center
• The Waterside Shops
Naples showcases the finest in just about everything in several cultural categories, including The Philharmonic Center for the Arts, numerous restaurants, museums and art galleries, a litany of world-class golf courses, fresh and salt water sports, boating, tennis, the finest healthcare facilities and, of course, some of the best white sand beaches all of Florida has to offer.
Though Naples real estate prices have softened since the 2008 crisis that has had disastrous effects on the real estate market, prices across the board are very low in general. In 2005, a home in Naples valued at $500,000 was probably valued at $280,000 in 2010. However, in 2012, very positive signs have been gradually peaking through the black clouds looming over the housing market, even from years before 2012. Read the rest of this entry »