Group items tagged

Bubble trouble in Brazil Property prices are skyrocketing in Brazil. The construction sector is booming. And the mortgage market is expanding rapidly. But there is a growing concern that all this is unsustainable. And imbalances in the economy - an overvalued currency and high inflation - are exacerbating the dangers of the looming credit and property bubble. The average asking prices of new apartments across the country soared by 24.7% in April 2011 from a year earlier, according to Exame Magazine (using data from Ibope Intelligence, the largest Brazilian market intelligence firm). Based on the Ibope Intelligence figures, in April 2011:       *In Ipanema, Rio de Janeiro's most expensive district, the average price of        new properties rose 36% y-o-y to BRL13,031 (US$8,212) per sq. m., while the        price of existing properties increased 25% y-o-y to BRL12,134 (US$7,646)        per sq. m.       *In Jardim Paulista, Sao Paolo's most expensive district, the average price        of new properties rose 39% y-o-y to BRL9,120 per sq. m (US$5,747); the        average price of existing properties escalated 49% y-o-y to BRL6,959        (US$4,385) per sq. m. The FIPE ZAP Index of Dwelling Price Offers shows Sao Paolo dwelling prices up 25.9% during the year to April 2011, and up 83.7% over the past 3 years. In just two years (2008-2010), the average selling price of new one-bedroom apartments in São Paulo almost doubled. Newly launched two to four-bedroom apartments increased in value by between 40% and 60% over the same period, according to Embraesp, a local real estate research firm. Looking longer term, from 1996 to 2010, prices of newly launched apartments in São Paolo rose by almost 229% (131.6% in real terms), according to Embraesp, as the accompanying graph shows. For all years since 1996 price rises have been strongly positive, except in 2007, when house prices dropped slightly due

China is going to have a collapse soon. In the last ten years the new construction market has grown at 30% per yer. Its being supported by government paying for massive new real estate development. One day the Gov't in China is going to quit paying for this expansion and then it's really going to hurt.

If ever there is anything like a good year to die in, it is 2010 - but only if you are a millionaire US citizen. America's 'death tax', which was repealed in 2010, is set to be introduced in the new year. Formally called the estate tax, it is levied on inheritance before it is passed on from one generation to the next. The tax was introduced in 1916 and has been in force ever since. The brief window in 2010 was the only exception, making it a freak year in which death carried a huge tax break.

Giant Florida REO Foreclosure Sale Sept 18-30, 2010 w REDC & Auction.com http://www.auction.com/auction_details_online.php?auction... Giant Florida REO Foreclosure Sale Sept 18-30, 2010 w REDC & Auction.com. Orlando REO, Tampa REO, Jacksonville REO, West

The number of homes that received filings and properties in foreclosures list dropped in Wisconsin in 2010. Analysts are expecting that 2011 will be much the same as 2010 in terms of foreclosures.

Budget 2010-11 and Service Tax On Purchase of Under Construction Property The budget 2010-11 brought rude shocking and a lot of confusion to prospective home buyers. But don't get too shocked, you won't pay service tax on the entire amount. The budget has suggested 10 per cent service tax on construction. For the past one month, many city builders have been asking purchasers to start paying up the service tax. Buyers are shock and say they were not informed of the additional levy when they had booked the flats. As per the budget, the service tax will be charged on only those residential projects which are still under construction.

Welcome to my website thi truong bat dong san DAT BINH DUONG you'll have new look into Vietnamese real estate View Details : Mua Ban Nha Dat

As the year draws to a close, many people in the real estate start thinking about their tax preparation and returns. Here are a few real estate-related tax deductions to remember when you're meeting with your accountant or preparing your return: 1. Mortgage interest - self explanatory 2. Settlement costs - origination points, title fees, appraisal costs, etc 3. Depreciation - a lot of people miss this one. Can get a little complicated, but generally speaking you can deduct a "depreciation in value" from your original purchase price, as if the property were to steadily drop to no value over the course of 27.5 years. 4. Maintenance & repairs - this can also get a little hairy, as not all repairs can be deducted, but basically any work done to make your rental property "properly habitable" can be deducted. 5. Property management costs - whether a monthly percentage of rental income or singular fees for tenant placement 6. Property taxes 7. PMI This list is in no way exhaustive, so speak to a real estate tax accountant, but don't pay one cent more than what's necessary to support Uncle Sam's spending habit! Uncle Sam's like a teenage daughter with her father's credit card... don't encourage him! Thanks http://www.clvgroup.com/

Heat Shrink Gun HL 2010 E electronic (LCD Display) Microprocessor-controlled, high-end heat shrink gun with temperature control, LCD display and cold air stage. HL 2010 E Nozzles Nozzles Other Accessories Three Stage Airflow LCD display Dual air vents Hand-Held Self-Resting Soft-stand for secure hold Ergonomically shaped soft-grip handle.

Stellar Jeevan, Noida Extention, this project was launched in 2010 and they are offering 3 BHK'S and almost the bookings are done.They are quoting Rs 3400 per sq ft and this project has already gone through an appreciation, it was launched in 2010 with Rs 2000 per sq ft and now the price has gone up.

Did you lose your house this year? Did your lender forgive some of your mortgage debt because you owned more than it was worth? If so, you could be facing a big tax hit.">

Investors involved in flipping repo houses found Michigan a profitable market in 2010 as repossessions reached record levels in the area. The state was seventh countrywide in terms of foreclosures.

Several metro areas in Florida recorded the highest number of bank and VA foreclosures in the U.S. in 2010. Nine Florida metropolitan areas made it to the top 20 ranking in terms of foreclosure rate.

Filings for foreclosure home listings declined in 2010 in Staten Island compared with 2009. But the drop does not mean that the housing crisis is over.

The number of foreclosure homes surged in Dayton, Ohio in 2010 when compared with 2009 levels. The increase was over 12%, but new foreclosure cases were fewer, with some areas recording a decline.

Commercial homes for sale under foreclosure posted a considerable increase in Houston last year. The area had the highest percentage foreclosure jump in 2010.

The number of foreclosed and bank owned houses increased in Austin last year. Foreclosure-related filings in the metro area posted a surge of over 20% in 2010 when compared with the previous year.

Housing unit sales, including REO homes, increased in South Carolina in 2010 over the previous year. This marked the first time that sales in the state posted an increase in the past four years.

The number of foreclosure-related Lis Pendens filings in North Carolina reached record levels in 2010. The three biggest counties in the state also posted the highest filings totals for the year.

The number of bank and Freddie Mac foreclosures in the state of Georgia continued to rise in 2010. The state recorded a surge of over 20% in terms of foreclosures compared with year-ago levels.

Chicago recorded higher number of foreclosures in 2010 compared with the previous year. According to real estate brokers, a big percentage of houses for sale in the city was foreclosed or distressed.

The number of foreclosed properties in Ohio, including foreclosure tax lien sales, increased in 2010 from one year ago. However, numbers remained below the record-setting total reported in 2008.

Buying fixer upper homes and repossessed homes in South Florida last year meant more choices. The number of bank repossessed houses was up in the area in 2010.