Property Investment News and Analysis from Jet-to-Let Magazine

Sales of U.S. existing homes rose in February for the first time since July as prices posted a record drop from their year-ago level, but economists said it was unlikely the market had reached a bottom.

The National Association of Realtors on Monday said sales of previously owned homes rose ... more »

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Thursday, March 20

US housing market given $200bn lift with extra cash for Fannie Mae and Freddie Mac

by Jet-to-Let Magazine on Thu 20 Mar 2008 17:27 GMT

About $200 billion (£99.6 billion) of extra mortgage financing is to be made available to would-be homeowners in the United States after a key regulator reduced the amount of capital that the two biggest housing financiers must hold in reserve.

The Office of Federal Housing Enterprise Oversight has reduced the ... more »

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Sunday, March 16

Bear Stearns crisis sparks UK recession fears

by Jet-to-Let Magazine on Sun 16 Mar 2008 17:22 GMT

Millions of British households face soaring mortgage rates and tumbling house prices after the global financial crisis triggered the near-collapse of one of the world's biggest banks.

Experts warned that there is now an increased likelihood of a recession and a painful housing slump, after Bear Stearns - America's fifth ... more »

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Wednesday, March 5

US economy in slowdown says Fed

by Jet-to-Let Magazine on Wed 05 Mar 2008 23:47 GMT

The US has seen an economic slowdown across all regions since January, a US Federal Reserve report says. The Central Bank's so-called Beige Book report said housing, manufacturing and retail activity had all cooled since the start of the year.

The report also cited rising materials and energy prices, ... more »

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