What is the current condition of realestate market around the world?
As everyone knows that current world crisis have disturbed economical condition of every country. But now the recovery is being seen. now i wanna ask that have realestate market started to flourish espasially in UAE, US and other big realeste markets?
There is no unified world wide real estate market. When you buy a property it is worth what it is because of its location. The jobs in that area- the laws- the government incentives- and hundreds of other things.
Even within a small shopping center the value of one store front is much different form the value of the next because of a little better location.
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November 28th, 2009 at 10:04 pm
hmm Sweetie I have been reading many blogs regarding properties and homes sell and buy, thus according to my knowledge USA property is on demand now days as compared to dubai or asian properties. But Dubai property is also now clearing their downfall effects which it was suffering for the last many years. For Now I am with US market
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November 28th, 2009 at 10:33 pm
Not in the UAE. There is an over-supply.
India – it is happening but a lot of caution is required.
Singapore – cost-effective home solutions find a market.
ANZ region – decline notice.
Europe – a basket case
USA – seems the market is very cautious~!
References :
November 28th, 2009 at 11:22 pm
There is no unified world wide real estate market. When you buy a property it is worth what it is because of its location. The jobs in that area- the laws- the government incentives- and hundreds of other things.
Even within a small shopping center the value of one store front is much different form the value of the next because of a little better location.
References :