As difficult as it may seem to fathom, given the current macroeconomic data plaguing South Florida, indications are growing that the luxury condo resale market in Miami-Dade County is back at least for the time being. Foreign buyers with strong currencies complemented by a scattering of wealthy domestic purchasers acquired more $1 million condos in [...]
NEW YORK — Just as the housing market began to collapse near the end of 2007, a real estate agent in Bridgeport, Conn. asked Regions Bank if it would accept a $102,375 bid on a home that was underwater on its mortgage. Under the impression that this was the best offer on the home, Regions [...]
There have been a whole lot of discussions for quite some time now about the downward trend of Dubai real estate market. Dubai’s property market started its boom from some seven years back and kept its upward trend when many huge projects completed. These huge projects brought hundreds and thousands of units in market which [...]