Bangkok Rental Market Thrives
Thailand Property Report by Dawn Ferguson – With housing allowances in the range of Bt70,000 to Bt100,000 a month, Bangkok’s high-paid expatriates have money to burn – and they want homes with all the Western-amenities they’re accustomed too.
For condominium and apartment owners, this segment of the market is a potential gold mine, particularly given most of these expects are here on a short-term basis. The statistics certainly are promising, but as competition grows, it’s not an easy market to enter.
CB Richard Ellis Thailand executive director James Pitchon told Property Report Thailand that demand for high-end rentals increased in 2006 and the number of expatriates in Bangkok with work permits grew to 67,412 in 2006, a 12.5% increase year on year according to statistics by the Alien Occupational Control division of the Department of Employment. The largest segment of this market is Japanese – 22% – as the so-called “land of the rising sun” is the largest foreign direct investor in Thailand. read more…
Bakersfield California Real Estate
Bakersfield, California, is located in Kern County, 100 miles NW of Los Angeles, California. Bakersfield has a population of 247,057. It has become a popular place for visitors en route to and from Las Vegas and Los Angeles, who stop for outdoor adventures such as whitewater rafting on the Kern River or hot air ballooning over the San Joaquin Valley.
Agriculture is king in Bakersfield. The region grows over 250 types of crops, with about 30 types of fruits and nuts, 40 types of vegetables, and over 20 field crops. Lumber, livestock, poultry and dairy products are also big industries here. The area is also home to the California State University, and Bakersfield College, and numerous museums and galleries.
Bakersfield Homes
Bakersfield properties pool is 83,428 residential properties including Bakersfield new homes. The median age of real estate in Bakersfield is 1979. The average household size is 3.41 people. 3% are one bedroom homes, 14% are 2 bedroom homes, 56% are 3 bedroom homes, 22% are 4 bedroom homes, and 2% are 5+ bedroom homes. read more…
Bahrain’s Real Estate Market Hot on the Heals of Dubai
The popularity and success of the real estate market in Dubai is well documented; but in sharp contrast Bahrain – which is one of the Middle Eastern property markets with the greatest potential – is little known and often overlooked.
Bahrain has a small but well establish luxury real estate market; and recent changes to legislation allowing for foreign freehold ownership of property within certain real estate developments in Bahrain has created a surge of investor and consumer interest in the kingdom.
The kingdom of Bahrain has long been home to a large expatriate community, with expats mainly heralding from the UK, Europe and the US. Expatriates living in Bahrain generally enjoy an incredibly high standard of living, substantial tax free income and an inimitably luxury lifestyle – and the type of accommodation they seek has become the iconic style of real estate now for sale to foreign purchasers. Indeed, the real estate developments where foreign freehold ownership of title is allowed in Bahrain epitomize quality and opulence. read more…
Avoid Foreclosure: An Option That Many Do Not Know About
Looking down the barrel of a foreclosure, if you are among one of the over 1.4 million homeowners facing this same issue, there may be a creative technique to save your home. Save your home and salvage your equity so that you can fight again. The last thing that you want to do is give your home back to the lender.
If your financial hardship has left you in a position whereby you are not able to pay your mortgage payment, whatever the reason may be, then you cannot afford to live in your home. Foreclosures are growing dilemma for many homeowners in the Untied States today; foreclosures are at an all time high. Alan Greenspan has made comments that the US may be heading for a recession in 2008.
Some lenders out there have not been playing fair, and some even to the point of unethical practices. These unethical practices are a primary reason that foreclosures are at an all time high and not expected to slow down in 2008, from what most experts have said. read more…
Avoid Buying into Bats: A Thorough House Inspection Includes Checking for Sign of Bats
Twice now, I have spotted a bat in our home. My husband and I recently purchased this house. As careful, first-time buyers we made sure to dot all of our i’s and cross all our t’s. We hired a reputable building inspector and he spent hours checking into all possible or potential problems with our to-be home. The house was built in 65′ and as expected, the inspection brought up a few concerns. What did come up seemed minor and do-able: until the bats flew in.
Now, I dont know for sure if we have a bat colony roosting in the house. But watching my husband flailing around the house, swatting at these moth-like flying mammals, all the while experiencing my first lock-myself-in-the-bathroom screaming session, was enough to kick-start a thorough investigation. I called the bat police. If we have bats in the house, their removal will be a potentially costly service. Likewise, there are specific health concerns that set off significant alarm bells. So, let’s talk bats, in hopes that as you look into the purchase of your next home, you make sure to check for the tell-tale signs. read more…