Thursday, May 13, 2010

Vacant Spots - Zawya.com
The luxury homes market will be saturated soon, while the middle class will suffer." In 2008, the Shura Council, an unelected consultative body in Saudi Arabia , approved a mortgage law, which has been in the works for nearly a decade, but the final

U.S. home prices drop by $25 billion - bizjournals
A report by San Francisco’s Trulia Inc. says home prices around the United States were cut by 10 percent in April. In total, some $25 billion has been slashed from the list prices of for-sale homes. Luxury homes costing $2 million or more are

Greek debt crisis doubts over Singapore's luxury - Xinhua News Agency
SINGAPORE, May 13 (Xinhua) -- Demand for high-end homes in Singapore may lose steam even as the previous quarter saw unprecedented growth for such homes, local newspaper the Straits Times said on Thursday. Analysts said that despite increasing demand

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