real estate

The International Monetary Fund warned China that it remains concerned over the property bubble in the country. The prices in many cities remain high even though Beijing has introduced higher inflation rate.

Chinese government undertook some measures to cool the real estate sector by having reduced transaction volumes and property price increases, but still in some larger cities prices still look “bubbly,” said Nigel Chalk, IMF mission chief to China.

 Munich is the most attractive European city for real estate investment judging by the level of demand, surpassing London and Paris, due to its diversified economy and growing population, according to a report by LaSalle Investment Management.

 American small business owners tempered their economic outlook this month, remaining cautious about perceived improvements in the economy. After three consecutive months of gains, the latest Discover® Small Business WatchSM index fell to 87.7 in September, down 2.1 points from August. 

According to the results of a survey by the Association of Foreign Investors in Real Estate (AFIRE), foreign real estate investors say they expect to see a recovery in the U.S. real estate market by the end of the second quarter of 2010. Respondents projected their investments for the remainder of 2009 will substantially out-strip investments completed year-to-date.

Compass Internet Systems and US Bank have announced a collaboration to provide the credit and the flexibility for any agent to start becoming an Internet realtor now, and to delay payment until they can budget it comfortably. This decision became a result of the delaying by many real estate business agents key marketing decisions and holding on with every resource they can muster to get through the economic depression.