International, Real Estate, US Real Estate

Homes Near UK Olympic Sites Enjoy Rising Values

By Allison Halliday | February 28, 2012
New figures from UK bank Lloyds TSB show those homes closest to the Olympic sites have seen their value increase by an average of more than £60,000 since London won the bid in July 2005, according to a report in Property Wire.
International, Luxury Real Estate, Real Estate, US Real Estate

Luxury Property Prices in World-Class Cities Boosted by Billionaires

By Allison Halliday | September 22, 2011
A report in Property Wire highlights the fact that world-class cities are attracting global billionaires, who are investing their wealth in real estate, and by doing so are creating a new super class of prime real estate. Apparently, the value of real estate has increased by up to 10% during the first six months of […]
Real Estate Investing, US Real Estate

UK Expats Join International Buyers in Snapping up London Property

By Allison Halliday | September 21, 2011
The fact that so much prime property in London is being snapped up by buyers from the Middle East, Asia and Russia has already been well documented, as many are lured in by the weakness of sterling compared to their own strong currencies. In addition, London is traditionally seen as a safe haven that provides […]
International, Real Estate, US Real Estate

New UK Listings Site Targets Chinese Buyers

By Allison Halliday | September 20, 2011
A new property portal has been set up to allow Mandarin-speaking mainland Chinese buyers to browse property in the UK. Luckywu.com has been created exclusively for Chinese online consumers and according to an article in PropertyWire, is the world's first website focusing purely on Chinese property investors. Research has shown that Chinese buyers are looking […]
International, Real Estate, US Real Estate

London's Prime Property Boom Continues

By Allison Halliday | September 1, 2011
Real estate prices in central London increased substantially in August as wealthy foreign investors looked for a safe haven due to fears that there may be another global recession. During the last 12 months through to August, the value of property costing an average of $6 million or £3.7 million, increased by 10.5%. Prime London […]
Real Estate, US Real Estate, World Real Estate

Foreigners spending billions on luxury London homes

By Allison Halliday | June 11, 2011
Savills plc recently released its "World in London" report, which says that foreigners will spend $6 billion on luxury homes in the UK capital this year, partially due its reputation as a financial haven and the continuing weak value of the pound. The pound has lost 18% against a number of currencies since the end […]

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