Hartford Property Management Company Winning Property Management Award

Posted at 2:09 AM by Abi Za
http://news.yahoo.com reported that Hartford Hartford Property Management Property Management Award Winning Company

The "Property Management Excellence Award" recognizes the Metro Hartford RPM for overall excellence in property management of Hartford.

Property Investment in Bulgaria

Posted at 7:42 AM by Abi Za
Bulgaria is a country which has been successful in achieving a consistent economic growth in the past few years. Despite economic and political changes it has undergone, it is slated to become a member of the European Union which will enable to stabilize the currency and look forward to a better conducive environment for economic growth. This reason itself has caused the foreign direct investment to grow exponentially in the past few years, crossing the $2bn mark in 2004. This foreign direct investment has leapfrogged the Gross Domestic Product which makes it very clear that Destination Bulgaria is emerging and any investment in immovable properties would only appreciate in the near future and highly probable that it would do so in the long run.The property prices have increased by as much as 25% in the past year, which implies that rents also are on the upswing. Big investors and holiday corporate companies are invest more and more, since the rental income would increase substantially. Small investors are already making a fast buck of about 40-50% appreciation on the property they own, by offering resale of complete/ semi-complete developments.
Furthering this boom, the Bulgarian government is working on a legislation to enable freehold ownership of land and property by foreigners. This step is being taken looking at the trend of construction quality and development and success of pioneer investors in the recent past.
Compared to other nations of Europe, the development costs in Bulgaria with respect to labor, land, taxes, utilizes etc. are cheaper. As a result of which, a supply void could be created to hike prices and gains. As more and more multi national companies are entering Bulgaria, the job market is looking up and so is the demand for rental houses and apartments.
The property acquiring process in Bulgaria is simple, since foreigners acquiring properties in Bulgaria was not allowed and is changing.

Study results show decline in Cook County property values

Posted at 8:45 PM by Abi Za
Chicago SunTimes (August 11, 2011) reported In a new snapshot of the real estate slump, the Civic Federation reported Thursday that the market value of taxable property in Cook County declined for consecutive years.

Non-partisan research group estimates the value of property County, Cook at $ 550.1 billion, in the year 2009 assessments billed to the taxpayers last year and is the latest available information. The decline was 10.7 percent from a year earlier.

Mortgage applications increased in the last week

Posted at 8:33 PM by Abi Za

WASHINGTON - Reported by www.boston.com that mortgage applications jumped last week as the decline in borrowing costs led to the largest increase in funding over two years.

Mortgage Bankers Association's index increased 22 percent in the period ended August 5 from the previous week, the Washington group reported yesterday. Measure groups refinancing surged 30 percent, the biggest increase since March 2009, while the gauge purchases declined 0.9 percent. Average rate of 30-year fixed mortgage fell to the lowest since November.

New Challenge at the Baltimore home sales in August 2011

Posted at 8:28 PM by Abi Za
Home sales up, prices down in Baltimore in July. August brings new challenges for the housing market: the stock market slump, debt downgrades, fears of recession.

As reported www.baltimoresun.com foreclosures, high unemployment and tight credit is not enough, prospective home buyers in the Baltimore area got to feed more vigilance Wednesday as the Dow Jones Industrial Average plunged more than 500 points and a new local report showing housing prices continue to decline last month.

Great Tips Buying an Apartment: Apartment Investment While you're still young

Posted at 6:47 AM by Abi Za
Typical Parisian architecture in the 7th arron...Image via WikipediaHere we will say a few suggestions for those of you who would buy an apartment. Growing trend and will be increasingly in demand by young professionals are buying an apartment when he was young as a long term investment. We offer Real Estate Guide help you understand all the steps to take to complete the purchase of your apartment.

Australian dollar rises in global turmoil caused Japanese Earthquake and Tsunami

Posted at 7:42 PM by Abi Za
Japan earthquake, accident nuclear power plant, where various issues of international and civil wars in Libya, the Australian dollar has increased.
In the foreign exchange market is $ 28 the first time since the Australian dollar = 1.03 of the 1983 shift to a floating exchange rate against the U.S. dollar (£ 84) exceeded. In the New York market has softened to $ 1.0274 yesterday, where he had been in the past with the highest 25.