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Nesgroup address: misc.invest.real-estate - Date & Time for the message: Mon, 28 Mar 2005 08:52:32 +0100
/ Author of the message: sufaud |
Title of the message: |
FT: Property gold rush threatens US growth
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Text of the message: |
Property gold rush threatens US growth By Christopher Swan Financial Times Published: March 27 2005 19:18 Tom Kunz, head of Century 21, the largest chain of property agents in the US, recently entered a lottery. The prize on offer is not a cheque the length of a bookcase but rather the chance to bid for an apartment in Hawaii. Even if he wins he may have to camp outside the property to ensure that he beats the crowd of other aspiring homeowners. Many buyers in California, Hawaii, Nevada and Washington DC have been forced to endure similar indignities. Figures this month showed that surging demand pushed up prices in each of these states by more than 20 per cent in 2004, with Nevada topping the league with a 32 per cent rise. In Las Vegas - the hottest property market in the US last year with prices rising by 36 per cent - the result has been little short of a buying frenzy, |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.