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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.

Bank owned residential properties and foreclosed property sales declined in Virginia last year. However, some counties are still mired in foreclosure problems.

Bank owned land and residential properties in Minneapolis are gaining the interest of buyers. Home pending sales were up in the area in January from a year ago.

Sales of bank owned residential properties are expected to rise in 2011 as more foreclosures happened in Springfield in 2010. Foreclosures were up by over 18%.

Residential bank owned properties and foreclosures are still high in Cleveland. Despite this, local analysts claim that the housing sector is getting better.

Bank owned residential property sales declined in certain areas of California in February of this year. Prices of homes also dropped year-over-year in February.

Contracts to purchase bank owned repos and other residential properties are expected to rise in California. For 2011, realtors predict more buying activities.

The PURAVANKARA GROUP growing need for quality housing and commercial space in the metropolitan cities of India. Since then, the Group has grown to be one of the leading Real Estate Developers of the country. The Puravankara Group with over 33 years of excellence in the upper end of the housing sector across various regions of the Country has projects in Bangalore, Chennai, Kochi, Coimbatore, Hyderabad, Mysore and Colombo. The Group also has a presence in Dubai in the UAE and business representatives in the United Kingdom and the United States. With a land bank of over 125 million sq ft, the Group has above 20 million sq ft of residential and commercial space currently under construction. Included in this are on-going residential projects amounting to 13.50 million sq ft which comprise of 7,800 homes.

Sales of existing houses and bank owned rentals surged in most metro areas of Florida last year. The whole state also recorded higher sales in the existing residential property market in 2010.

Travis County was ranked third in the whole state of Texas in terms of median residential homes prices. Area residences averaged close to $195,000 during a five-year period examined by the U.S. Census Bureau.

Some areas of California experienced dwindling foreclosure-related activities last year. The residential real estate markets of counties like San Mateo and Santa Clara posted better figures in 2010.

Saya Zenith is one of the popular residential developments in Indirapuram, neighborhood of Ghaziabad. The project is a ongoing project and is located in a residential area. They have availability for 2/3/4 BHK apartments. Banks like HDFC, Axis, LIC and ICICI have approved the project.Project has various modern amenities like Garden, Swimming Pool, 24Hr Backup, Security, Intercom, Rain Water Harvesting, Cafeteria, Gymnasium etc.

The number of residential and land foreclosures is increasing in the rural towns of Massachusetts. According to reports, foreclosure rates are climbing higher in towns than in urban areas of the state.

Bank home auctions and residential property sales recorded their lowest price levels last year. Several cities in the U.S. hit their lowest points in 2010.

Bank owned condo foreclosures and foreclosed residential properties had precipitated lifestyle changes. In California, most communities have already adjusted.

Bank owned land sale and residential foreclosure sales often fail to get enough to cover outstanding debts. Lenders are using mortgage deficiency to get more.

Bank owned auctions and residential non-foreclosure sales recorded higher numbers in Albuquerque in January. However, prices of existing homes were down.

Bank owned condos and housing unit pending sales declined in Seattle in January. However, realtors predict that residential sales will be higher this year.

Bank owned repos depressing residential values are not the only problem for U.S. households. Housing costs are also taking a huge percentage of their income.