International Headline News
Asian Homeownership in U.S. Declines
The 13 million Asians living in the U.S. have historically tended to earn more and have less debt than other minority groups. A recent census report, however, shows that Asians suffered a greater drop in homeownership last year than whites, blacks and Hispanics. The 2008 American Community Survey (ACS) of the U.S. Census found that [...]
Recovery and Stabilization Evident in International Commercial Markets
Many of the world’s commercial real estate markets are showing some stabilization and recovery at the mid-point 2009, CB Richard Ellis reports. One notable exception is the United States where vacancy rates in the office, industrial and retail property markets continued to rise in the second quarter of 2009. Positive developments in international commercial markets [...]
FIABCI-USA Fall Business Conference, Denver Colorado
Don’t miss the FIABCI-Fall conference coming to Denver, September 11-13, 2009. The event is to be held at the Downtown Denver Ritz-Carlton. FIABCI aims to bring you into the fold of a family of people, all embracing cultural diversity, united in one common goal: to erase the borders in international real estate and provide the [...]
International Business News
Global Banks Make Predictions for 2011
A recent article in the Vancouver Sun showcased the opinions of many of the largest financial institutions in the world in regard to their predictions for the economy next year. Here is a look at what some of them had to say. UBS UBS maintains that the world economy is on track toward a recovery, [...]
Foreign Investors Test U.S. Markets
From 2005 through 2008, foreign buyers claimed at least $100 billion of US commercial property, a significant sum, according to Real Capital Analytics as noted in an AFIRE News article. In recent years, foreign investment in United States real has accounted for less than 10 percent of all property acquisitions. However, foreign investors are starting [...]
International Real Estate News
U.K Housing Market Showing Signs of Stability
Chesterton Humberts/CEBR House Price Poll of Polls found that the U.K. housing market is showing a greater stability. The report found this is largely due to the increased number of mortgage approvals as well as the greater amount of credit availability. In all, the recent report found that house prices have remained fairly flat while [...]
Homburg REIT Purchases 29 Canadian Shopping Centers for $114.9 Million
After paying $114.9 million for 29 neighborhood shopping centers, Montreal-based Homburg Canada Real Estate Investment Trust will be adding 728,000-square feet of retail space to its portfolio. The property, which is being sold by international property investor Delek Global Real Estate Group, is largely anchored by the Jean Coutu Group Inc. pharmacies. While the purchase [...]
International Living Lists Top 5 Places for Expats to Retire
For retirees looking for a luxurious place to retire, International Living suggests taking a closer look at Ecuador. According to the publication, Ecuador has grabbed the top position in this year’s Global Retirement Index for the third year in a row. “No matter where you choose to live in Ecuador, there is no better place [...]
International Education News
Expand Your Personal and Professional Network at the FIABCI-USA Fall Business Conference
The FIABCI-USA, which is a chapter member of the FIABCI, is hosting its Fall Business Conference this September 23rd through the 26th. The FIABCI, which is a non-political entity that works toward helping its members add an international component to their businesses, is comprised of chapters in 48 different countries. With members ranging from lawyers [...]
Tips for Buying Property Abroad
No matter how appealing a Tuscan villa or English cottage may be, purchasing property in another country needs to be fueled by wise decision making, not impulse buying. You can help your clients turn purchases into a great deal with 12 basic tips offered by Property Investment. Key tips include: Never sign a contract that [...]
