December 2010 Archive

Friday 10th December 2010

Atlanta Investment Homes

PDF Atlanta brochure

PDF Atlanta brochure

Priced from $49,000 with over 10% ROI Net

Brief Facts on the Atlanta Market for Turn Key Investment Properties

Atlanta is one of the fastest growing, stable metropolitan centers in America…

Forbes Magazine ranked Atlanta as the #1 rental market
CNNMoney.com says Atlanta is the 4th best city in America to invest in
Forbes Magazine ranks Atlanta as the 4th most affordable U.S. market
U.S. Economic Rankings

3rd in job growth
3rd for most Fortune500 companies’ headquarters
Home to the world’s busiest airport: Jackson/Hartsfield International
2nd as America’s best cities to relocate
1st in U.S. as least costly large city for business

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Wednesday 1st December 2010

Property Sales in Spain Rise

The volume of Spanish property sold increased by 13% year-on-year in the third quarter of this year according to figures out this week from The Spain Property Registry.

The statistics show that residential property transactions were up by 13% on July to September 2009 to a total volume of 124,593 properties sold, with new builds increasing by 9% and re-sales by 17%.

The Instituto Nacional de Estadística (the Spanish National Statistics Institute) also revealed this week that the average value of mortgages constituted in September increases 4.2%.

“During the month of September, the average amount per mortgage constituted stood at 135,132 euros,” says INE, “a rise of 4.2% on that recorded in the same month last year, and 8.7% more than that registered in August 2010.”

The average mortgage loan value was €119,527 … 2.1% more than September 2009.

According to Mark Stucklin of Spanish Property Insight “on a rolling 12-month basis, there were 454,283 sales over 12 months to the end of Q3, up an annualised 4% and a quarterly 3%. Even if a percentage of these sales were banks swapping debt for property, I think the market has found its floor at around 400,000 transactions per year."

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