The state backed developer Nakheel is set to release another 26 buildings to buyers in Dubai’s International City, totaling around 1,663 units, and this is likely to push rents in the beleaguered development even lower, according to a report in Arabianbusiness.com. International City is a project aimed at low and middle income groups, and
Rental Scam Hits Des Moines Area
June 10, 2011 by
Dozens of homeowners in Des Moines, Iowa, have been given a nasty surprise by one of the latest real estate industry scams to hit the area. The homeowners were left bewildered after answering the door to strangers with rental lease agreements for their properties in their hands, claiming they have just rented out their homes.