Archive for 'US'
Russian businessman has bought the most expensive house of America
23 June 2008Russian businessman buys house of American billionaire Donald Trump for $100 million. Dmitry Rybolovlev, 41, who made his fortune in fertilizer became the new owner of a grandiose manor in Florida(6.5-acre Maison de l’Amitie).
So-called “House of friendship” (Maison de l’Amitie) is located in small town Palm Beach, on coast of ocean. Trump has bought it [...]
Rating agencies have avoided punishment for hypothec crisis in the USA
5 June 2008Moody’s, Standard & Poor’s and Fitch Ratings are going to enter into the agreement with Office of Public Prosecutor of state New York, which is already for some months investigating the role of rating agencies in the American hypothec crisis.
The Office of Public Prosecutor is ready to stop investigation concerning Moody’s, Standard & Poor’s, Fitch [...]
Forthcoming sales of houses in the USA have decreased on 1 %
2 June 2008In March, 2008, the volume of forthcoming sales of houses in the USA has decreased on 1 %. On it the report of Realtors’ national association testifies.
In February, 2008, this parameter on the reconsidered data has decreased on 2,8 %, whereas it was originally informed on decrease on 1,9 %.
Usually the forthcoming sales are those [...]
Elite houses in the USA promptly become cheaper
22 May 2008Both real estate sellers and buyers start to realize that the American credit crisis has not bypassed elite real estate objects.
During the research, lead by publishing house American Express Publishing together with the consulting firm Harrison Group, it was found out, that the majority of solvent Americans, whose revenue starts from $1,35 million, are sure [...]
Data about real estate construction in the USA inspire the constrained optimism
16 May 2008In April, 2008, volume of new houses construction in the USA has grown on 8,2 % in comparison with the last month - up to 1,03 million units. Such data results in the report the Ministry of Trade of the USA. Experts predicted that this parameter would make 940 thousand units.
Parameter of April, 2008, n [...]
The index of hypothec crediting has sharply grown in the USA
11 May 2008The index of submission of applications for hypothec credits in the USA has sharply grown last week. Savings and Loan Association has informed on it.
Within the week the index of Mortgage Bankers Association, which has come to the end on May, 2nd, has grown (in view of seasonal fluctuations) on 15,6 % up to 655,4 [...]
The number of free houses in the USA has reached a record level
3 May 2008The number of free houses in the USA has grown up to a record level in the first quarter of 2008 as to proprietors of houses all becomes more difficult to find buyers.
According to the US Census Bureau, the quantity of empty houses has grown up to 2,9 % from January till March, increasing the [...]
New York: elite habitation promptly rises in price
24 April 2008Despite of economic recession in the USA, the prices for the real estate in Manhattan have grown on 41 % in the first quarter of this year.
According to Association of agents of the real estate of New York Real Estate Board of New York, demand for habitation of “lux” class in New York remains high. [...]
US economy will manage to avoid recession
21 March 2008It looks like investors from Wall-Street have already reconciled to idea, that the largest economy of the world has entered a strip of recession. However, economic data do not confirm so gloomy estimation.
Moreover, experts mark that if the American economy will go through some next months without new shocks it will manage to avoid two-year-old [...]
Crisis has not come to the end yet
20 March 2008Despite of active actions of Federal Reserve System financial crisis has not come to the end yet. Such opinion has been expressed by many FRS experts.
It is obvious that problems which the USA is facing now are the inevitable consequence of unacceptable “bubble” in real estate sector.
It is rather serious problem. FRS is continuing to [...]
