News Archive: 2012

16, 2012 May:

Owning a golf property is a "wise move", say agents

According to the latest Golf Travel Insights report from KPMG, 60% of golf tour operators experienced an increase in the number of golf holidays booked in 2011, compared to just 38% in the previous year, highlighting a welcomed boost to the golf tourism sector.

Investment Watch: Brazil beats April alternatives

Brazil beat all of April's alternative investments, reveals TheMoveChannel.com's latest Investment Watch. The report, which ranks the level of interest in the portal's listings, saw Brazil work its way back to the top of buyers' lists again last month, as a beach resort in Rio Grande do Norte received over twice as many enquiries as its closest contender.

Miami agent expands to meet demand

Demand for Florida property is high right now. So high, in fact, that a Miami agent has expanded to cope with surging activity from overseas investors.

Dubai villa rents rise for first time since 2009

Dubai villas recorded their first rise in rents since 2009, according to CBRE.

South Koreans double spending on overseas property

South Korean buyers stepped up their foreign investment in a big way at the start of this year, doubling their spending on overseas property in the first three months of 2012.

Scottish sales pushed up by first time buyers

Sales of Scottish property were pushed up in March by a glut of first time buyers, according to the latest LSL Property Services/Acadametrics report.

15, 2012 May:

Buy-to-let landlords remain optimistic

Buy-to-let landlords are still optimistic about the market, according to CHL Mortgages.

What’s happened in Vegas?

At the end of 2011, Las Vegas' housing market looked set to be on the rebound, with investors taking a gamble on the foreclosure-hit state. Sales were up by 18 per cent in February 2012, according to the Las Vegas Association of Realtors, while sales continued to climb in March as prices stayed low. But now mixed signals are coming from different reports.

14, 2012 May:

Global prime property prices suffer first fall since 2009

The average price of prime property around the globe fell for the first time since 2009, according to Knight Frank.

Florida fills up America's top 10 "turnaround towns”

Realtor.com published its list of America's Top 10 "Turnaround Towns" last week - and Florida accounted for seven of them. The state, hardest hit by the financial crisis, is showing signs of rallying as foreign investors continue to take advantage of the low-priced property before the market recovery fully takes hold.