Length of real estate bear market
There was an interesting table on the FT last Saturday that reported the length and extension of house prices drop (the bear market) in 15 economies since 1970 (mainly Europe, USA + Japan, Korean, New Zealand and Canada).
On Average, the bear market has lasted 6+ years, and the prices dropped between 16% (Canada) and 50% […]
Nestoria - smart house search
Nestoria is a vertical search engine focused on real estate with operations in UK and Spain. Founded by a few Spaniards -amongst which friend and former top dog for Yahoo Search Europe Javier Etxebeste- it aggregates information and data from other vertical engines and estate agencies, properly and smartly aggregate and present in a pleasant […]
Signs of a bubble bursting
I remember back in January a colleague of mine telling this story to a small audience.
“Sunday I was in bad with a bit of flu, and here he calls, the agent from XXX, asking me if I wanted to see some property to buy (he showed interest in buying a property weeks before). I […]