Weakness of Sterling Means UK Investors Should Look outside EU

According to property investment firm Colordarcy, UK investors should look at property outside the European Union due to the current weakness of the pound sterling. Analysts at the firm have commented on the recent performance of sterling against the euro saying “The knock-on effect of this lack of faith in the UK economy is beginning to

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Carol Sollak Joins Engel & Völkers New Wellington, Florida Brokerage

Engel & Völkers recently announced the opening of its new brokerage in Wellington, Florida, bringing onboard experienced real estate professional Carol Sollak to direct its operations there. Sollak, formerly of Illustrated Properties, was previously listed by the Wall Street Journal as one of its “Top 100 Real Estate Agents in the US”.

Six Florida Banks and Texas Ratio Woes

As if Florida had not been hit hard enough during this economic downturn, especially in the real estate realm, new today from the banking industry simply adds to the state’s woes. The Texas Ration, a term used to basically determine bank solvency, for even banks that weathered the Great Recession – shows how fragile the economy really is in the deep South.

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