Construction of new U.S. homes rose in June to the highest level in seven months as builders rushed to pour foundations for homes that must be completed by the end of November for first-time buyers to take advantage of a special tax break. The Commerce Department said Friday that construction … Read More »
Archive for July, 2009
Housing Starts Rise To 7 Month High In June
Friday, July 17th, 2009Governments Are Making Property Ownership Easier For Foreign Nationals.
Wednesday, July 8th, 2009With the Global demand for Real Estate suffering, Governments around the Globe are easing restrictions for Foreign Nationals looking to purchase properties in other countries. The changes in ownership laws and reduction in fees to investors is hoped to spur investment across the Globe. The easing of restrictions is most … Read More »
U.K. Sterling post highest exchange rate vs Dollar in 8 months.
Thursday, July 2nd, 2009As the Florida summer begins and the housing market continues to heat up, it should also be noted that the Sterling hit an 8 month high at the end of June at just over 1.6715 against the U.S. dollar. This is fantastic news for U.K. vacation home buyers looking to … Read More »