Brisbane Apartment

I was speaking with a U.S. homeowner recently who handed her keys back to the bank.  She bought a house in NY State about 5 years ago, subst...

It is interesting to see that in Florida, it is possible to buy a one bedroom apartment for less than $80,000, including whitegoods. 1)   ...

The receivers of Soul have started a marketing campaign.  See www.soulatsurfersparadise.com.au .  The pricing on the Internet seems to show ...

The Viridian Noosa "resort" is discounting the unsold apartments.  The website states that one bedrooms that were $656,000 are now...

The Soul apartment development in Surfers Paradise went into receivership today, most likely due to a large number of unsold apartments, pre...

Although there is still website advertising for PCN's El Dorado Village apartment development at Indooroopilly, it seems like the devel...

U.S. mortgage insurer, Genworth , that has operations in Australia, released a report yesterday to Wall Street regarding its Australian res...

I bet well-known Brisbane solicitor and Labor Party identity Con Sciacca  is not happy.  He purchased an apartment off-the-plan in 2008 in M...

Extract from Story in the AFR : For years now, much of Queensland has been a home-grown testament to how property booms can go dreadfully ...

Financial comparison website RateCity CEO Damian Smith said borrowers who have taken on a home loan with a small deposit are most at risk fr...

This blog reported recently that PCN's Alderley Square development was on hold .  The AFR reported on Thursday that receivers have mov...

Bank of Scotland has become mortgage-in-possession of the remaining unsold apartments in Waterford Properties' Scott Street developmen...

"The high-rise market on the Gold Coast is nothing like any other Australian market. "It's a unique market and it's dr...

A recently Landmark White report states that about 31% of properties advertised for sale and coming onto the market recently are listings th...

Oracle receivers have released a special new price list for local agents for Oracle apartments in Broadbeach. Agents report that the new pr...

See: The New Way To Foreclose

Things in the USA don't look so good. People are harvesting the gardens of vacant homes. See NYTimes .

" Over all, economists project that it would take about three years for lenders to sell their backlog of foreclosed homes. As a result,...

" Developers say that renters do not make the same price-per-square-foot calculation as buyers, and that smaller apartments — with some...

" Mr. Sternlicht hopes to foreclose on many of Corus’s errant borrowers, restyle their buildings and sell units for a significant profi...