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imlavinia
Junior Member
Joined: 07 Jan 2008
Posts: 2
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 Posted: Thu Jan 10, 2008 7:43 pm Post subject: Mortgage & Housing |
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| EVEN if there is a mortgage crisis and a housing crunch in the United States, that the problem will never cross the Atlantic into Spain because the country has experienced a very blooming real estate sector in 2007. This early, industry analysts are already predicting a very bullish market in 2008 as far as the housing industry is concerned. So anywhere you go there is always costa del sol property for sale. But before deciding on which property to buy, better consult your family, friends and your lawyer so you can enjoy your status here as an expatriate. |
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Landwatch.com
Junior Member
Joined: 16 Jan 2008
Posts: 3
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| Posted: Wed Jan 16, 2008 11:45 pm Post subject: |
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| It has also been reported that the home prices in the Spanish coastal areas have declined and the cost of residential homes have fallen by 4.7%. It is also predicted that the prices for second homes would fall by 10%. Besides, further Deutsche Bank has predicted a drop in prices by 2.0 to 8.0 per cent in home prices. These falling home prices can affect the country as real estate is one of the major revenue sources. |
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bigtoe
Junior Member
Joined: 04 Jul 2007
Posts: 14
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| Posted: Fri Jan 18, 2008 9:19 am Post subject: |
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That's pretty brave saying that the problem will "never" cross the Atlantic.
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Serving all your Outer Banks real estate needs. Visit Outer Banks Communtiy Forum for all the latest OBX events. |
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