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Overseas Property News
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New US property sales increase
Country: United States
3 August 2009 Sales of new US homes rose by the greatest amount in over eight years in June, a further sign that the USA propertymarket is embarking on the road to recovery, following one of the worst housing downturns for decades. A report from the Department of Commerce reveals that sales appreciated by 11% in June to a seasonally adjusted annual rate of 384,000, from an upwardly revised May rate of 346,000. The residential sales recorded in June was better than the 360,000 residential units initially projected for the month by economists surveyed by Thomson Reuters, and was the strongest sales pace since November 2008. In fact, sales levels have not risen so radically since December 2000. Although residential sales in the States have now risen for three months in a row, the average price of a US property sold has fallen 12% to US$206,200 (£122,405), from US$234,300 (£139,100) a year earlier and down almost 6% from US$219,000 (£130,000) in May. Editor’s comment: “The report suggests that the economic stimulus measures introduced by President Obama are working, and acts as a firm sign that the US property market is finally starting to recover.”
See Also: Marc Da-Silva, Overseas property investor news, USA
Some properties in United States
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Price: £8,515
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Type: House
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Bedrooms: 3
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HIGH YIELD INVESTMENT, Mortgage offered with a $13,625 Down payment, on this property, income producing investment property, Multi Family Home with two apartments fully let and income producing Full Purchase & Management Service
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View details | Enquire further
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Price: £8,515
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Type: House
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Bedrooms: 3
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HIGH YIELD INVESTMENT PROPERTY, Mortgage offered with a $13,625 Down payment, on this property, income producing investment property, Multi Family Home with two apartments fully let and income producing Full Purchase & Management Service PROVIDED
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View details | Enquire further
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Price: £9,419
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Type: House
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Bedrooms: 4
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This 4 Bedroom house features 3 covered garage spaces. Needs work but will rent for $800 per month upon completion of renovation.
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Price: £9,483
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Type: Apartment
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Bedrooms: 2
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More than double your money in just nine years with an investment Bond administered from the UK by an FSA regulated Trustee. 6, 8 & 10 year investment terms available. Averaged returns of 9% to 13% per annum over six to ten years
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View details | Enquire further
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Price: £10,967
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Type: House
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Bedrooms: 2
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Income from day one from this high yield Income producing investment property, 23% NETreturn after fixed running costs, fully let 2 bedroom house situated in Syracuse City, Full Purchase & Management Service provided priced 42% below assessed value.
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View details | Enquire further
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Price: £13,548
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Type: House
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Bedrooms: 4
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High yield Income producing investment property producing 44% annual return after fixed running costs * SEE COMMENTS IN THE DETAILS for sale at unbelievably low price, consisting of 2 fully let apartments, Purchase/Management Service,income from day
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Price: £15,741
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Type: House
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Bedrooms: 2
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This Property has long term tenants paying $500 per month.
It is Located in Rochester the Third Largest City in NY.
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Price: £15,805
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Type: Apartment
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Bedrooms: 3
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80% price drop & potential 16% net return makes this 3 bed/2 bath Condo with communal pool and easy access to Disneyland an ideal holiday home/investment property. Can be easily purchased & managed from any part of the world - contact us for details.
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Price: £17,385
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Type: House
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Bedrooms: 3
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Our fully refurbished & pre tenanted selection of quality homes are located in family friendly areas and are available with 50 % non status finance. We have the most competitive package in Detroit and offer a money back guarantee for peace of mind.
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Price: £17,419
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Type: House
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Bedrooms: 3
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26% Net annual return after fixed running costs $7,060 / £4,554 / €5,229 excellent condition throughout investment property consisting of TWO fully let apartments, excellent Location, Full Purchase & Management Service Provided, income from day one
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