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Baltic States Housing Market Downturn News is an EIN News Service for real estate professionals. Constantly updated news and information about Baltic States Real Estate.
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Latest Baltic States Housing Market Downturn News

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  • Fire destroys Logan apartments 8 Dec 2009 06:31 GMT
    ... family members from Pennsylvania visit her Logan home for the holidays. But a fire that ... two-story apartment building on Dingess Street in downtown Logan Sunday evening crushed her hopes for a ... Cross can help them find more permanent housing. "Now we're beginning the client casework phase, ...

  • Experts Talk Greece Downgrade, Dollar, Jobs 8 Dec 2009 17:32 GMT
    ... agencies are on the warpath, with Fitch downgrading Greece one notch to BBB+ just a ... outright gains in leading sectors, and a drop in the unemployment rate to 10%. Further ... good things boosting growth. Most important, the housing market appears to have stabilized. Home prices ...

  • Sold! Gannex Mill snapped up by Pennine Housing 7 Dec 2009 12:58 GMT
    ... PENNINE Housing has bought Gannex Mill in Elland and ... on which it hopes to build new homes. "It is very early days and we ... hit by the recession and the dramatic downturn in the property market. It wanted to develop ...

  • Dubai Debt; Not So Easy the Next Time 2 Dec 2009 20:47 GMT
    ... week, the country was known mostly for building the world’s tallest sky-scraper and for creating ... to raise $100 million to help pay down debts coming due in the near term. ... a whopping 18% in 2009. Meanwhile, as housing prices have fallen off by 50%, the ...

  • On the Sovereign Debt Crisis and Debt Servicing Cost Mentality 2 Dec 2009 07:39 GMT
    ... So, if Bob and Shirley put 10% down on the purchase of a home, they can ... terms of deficits to prevent a nasty double-dip recession, . But a lot of what ... effort to reduce overcapacity in autos, banking, housing or elsewhere in the bailout nation. This ...

  • As Climate Changes, Soviet Environmental Ills Felt Once Again 6 Dec 2009 16:17 GMT
    ... millions of people leaving in arid regions downstream, are receding due to warmer temperatures, putting ... deal with a heat wave when your housing is poorly made and decaying, when your ... is leading to the collapse of exposed buildings and infrastructure. There have been optimistic claims ...

  • Residential property prices continue to fall 29 Nov 2009 23:13 GMT
    ... crisis. After the preceding boom in new housing projects triggered by economic growth and high ... in new developments are being sold very slowly.” The average price of one square metre ... fell back below €2,000 during the year, down from €2,019 in Q2 2008 to €1,731 ...

  • Morning Money: Biz should do good 1 Dec 2009 11:51 GMT
    ... as he recently reminded us, he's living down in Tribeca, a stone's throw from the ... market closed down 7.3 percent, its biggest drop in a year, but shares in DP ... million, the Labor Department says. Though the housing sector accounts for many of those job ...

  • US financial markets got another scare at end-November 30 Nov 2009 10:32 GMT
    ... of days the market had a sharp drop of 93 points on Thursday due mostly ... of 133 points fueled by very strong housing data indicating that home re-sales have increased ... loss of 154 points or 1.5% and down 0.1% for a week. As usual I ...

  • A Warning from the Desert with More to Come 1 Dec 2009 09:07 GMT
    ... been Dubai’s decision to erect a 200-story building that would have made it the world’s ... aftermath of the bursting of their respective housing and credit market bubbles, which are causing ... rolled over, one must expect further substantial downward pressure on commercial real estate prices, which ...


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