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Spanish Property Trader Blog; October, 2008 Archive; Spanish Property Trader Blog | 10/22/08 17:02
Thomsom Financial News says that prices of Spanish houses are continuously falling and recently fell 1.3 percent in the third quarter from a 0.3 percent fall in the second quarter.This trend in the real estate industry has already slowed dramatically to 32 percent in the third quarter according to ministry data. Read the full update on Forbes dotcom on the link below. Link: UPDATE 1-Spanish Q3 house prices fall 1.3 pct q/q - Forbes.com
Tags: house prices • thomson financial • real estate •
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10/19/08 15:48
When housing firms are already offering two properties for the price of one, then you are pretty sure that something terrible is going on.This is the case here in Spain, where thousands of builds remain unihabited after their own version of a housing bubble burst. Slogans now offer free properties when one is bought. Now, if I only had enough money... Link: Financial crisis: Buy one Spanish home, get one free - Telegraph
Tags: free home •
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10/04/08 23:54
And the banking crisis has officially arrived in Europe. Well, actually, it has arrived a long time ago. People just didn't care much.For now there are still no plans to save the ailing banks but plans are already underway to have a global forum tackling the woes of the world's financial system. In the meantime, more bloodbath for the European stock markets, please. Link: reportonbusiness.com: Europe rocked by spreading crisis
Tags: bailout packages • europe • banking crisis • real estate crisis •
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