Spain Real Estate News
Checklist for those interested in buying a house in Spain
Buying a house in Spain can be tricky. These are some documents and information you should take into account when deciding to buy your Spanish Dream House.
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Spanish Housing Market increased 7 per cent in property inquiries from international buyers
Property Wire Investors publishes an interesting article on the Spanish Housing Market:
"Infrastructure revitalization and a generous government tax incentive is stoking prices and sales in Spain’s property market according to research provided by real estate portal Kyero.com and Spanish development firm Taylor Wimpey España.
Asia Stocks Rise as Germany, France Pledge Support for Banks Amid Crisis
"Asian stocks rose as the heads of Europe’s two biggest economies pledged to support banks amid a debt crisis that threatens global growth. Shares of Chinese companies fell on speculation the country will maintain tighter monetary policy.
Samsung Electronics Co., the world’s second-biggest maker of mobile phones, rose 1.6 percent in Seoul and Hanjin Heavy Industries & Construction Co., which gets 45 percent of its revenue overseas, surged 15 percent. China Overseas Land & Investment fell 3.5 percent on concern the nation’s housing market is weakening.
Co-operative housing would solve housing crisis
Brilliant article written by David Rodgers, Executive Director of CDS Co-operatives, the largest secondary housing co-operative in England, since 1979.
Highlights:
Mortgage lending is at its lowest ebb for decades as banks rebuild their liquidity and can no longer borrow the cheap money that flowed back to our Western economies from trading deficits with China and other developing Eastern economies: cheap money that created the sub-prime mortgage lending and toxic debt in the USA housing market and the housing market bubbles in the UK, Spain and Ireland that fuelled the global financial crisis of 2008.
...continue reading "New Tenure for a New Kind of Housing Market"
Co-operative, mutual housing and VPO Housing in Spain, what's the solution to housing crisis?
The Housing Network of The Guardian have started a very interesting activity; live discussions on co-operatives and mutuals. We've quoted the most significant opinions:
"Nigel Minto is head of housing and planning at London Councils
Councils and co-operatives must work together: The co-op approach and the required level of input from members is a model that quite rightly has a place in a range of housing options however from my experience there has always been a tension (not impossible to resolve) between addressing immediate housing need (the applicant and council's perspective) as opposed to the co-ops need to be well managed - quite rightly requiring some form of 'training' to ensure success.
Transferring a mortgage can be tricky, sometimes impossible
"Can you transfer a mortgage? There may come a time when you want to stop making payments, and you're lucky enough to have somebody willing to take your place. It may be ideal to transfer the mortgage into their name. However, it can be difficult or impossible to transfer mortgages.
Beautiful Ideas for Island Kitchens
One word: Marvellous.
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Europe crisis expands. Economist Paul Krugman fears for the future
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Debbie Andalo describes the routes into housing management, whether through an apprenticeship or leadership and management training
We always keep an eye on The Guardian's Housing News. Here's an excellent article by Debbie Andalo on how to get ahead in estates management.
Debbie writes about René. "She is one of few women working in social housing in estate services management and admits it can sometimes be difficult in a male-dominated environment", says the writer.
...continue reading "How do I Improve on Real Estate Management?"
Billions of dollars overseen by the Federal Housing Finance Agency of the United States
"The Federal Housing Finance Agency failed to adequately oversee billions of dollars’ worth of settlements between mortgage giants Fannie Mae and Freddie Mac and Bank of America, a government watchdog said.
...continue reading "Overseen Billions of Dollars from Freddie and Fannie mortgage settlements"