Across the United States families, investors, even the bug exterminator who sprays homes have been affected by this recession. Not just affected in some cases, devastated. Despite news every morning of a better day “a” comin though, property prices continue to fall. The world real estate market looks more like a flea market peddler than a Wall Street titan.
It does not take a property expert or economist to figure out how much trouble the world real estate situation is. At least “in trouble” where the small investor is concerned. A cursory look into Google News can provide all the data anyone needs actually.
It does not take a property expert or economist to figure out how much trouble the world real estate situation is. At least “in trouble” where the small investor is concerned. A cursory look into Google News can provide all the data anyone needs actually.
Slovenia is one of the emerging EU countries that has shown the most promise in many sectors, real estate being one. However, Q2 indexes show even Slovenia has its price problems. Apartments prices in Ljubljana, and other Slovenian areas fell by as much as 1.8% Slonep, a web portal that tracts housing prices there. Housing starts and other construction oriented property business there has also slumped by as much as 30 percent, year on year. And other former “boom” markets in Europe are fairing no better. The image of a farm for sale amid the Julian Alps in Slovenia is a good indicator of value. €700,000 euro for such a paradise is peanuts.
Bulgaria is one country that has seen a recent “Bull” market where property sales is concerned. Property prices in the country’s capital of Sophia dropped by over 10 percent since last year at the same time, according to The Sophia Echo. The Black Sea city of Varna, a seaside jewel not so many investors have ever heard of, saw similar declines in property prices over the same perood. And, the Winter resorts in Bulgaria, despite their popularity, are making out no better.
Bulgaria is one country that has seen a recent “Bull” market where property sales is concerned. Property prices in the country’s capital of Sophia dropped by over 10 percent since last year at the same time, according to The Sophia Echo. The Black Sea city of Varna, a seaside jewel not so many investors have ever heard of, saw similar declines in property prices over the same perood. And, the Winter resorts in Bulgaria, despite their popularity, are making out no better.
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