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Iceland Housing News is an EIN News Service for political professionals. Constantly updated news and information about Iceland EU Politics.
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  • Stocks Market Bearish Visions 28 Nov 2009 15:56 GMT
    ... Average include banks, financial services, insurance, commercial real estate, and the homebuilders. In other words, the FIRE ... those projecting shocking drops in the Gold price and a complete deflationary wipeout (a la ... when the poop hits the fan (ask Iceland). I am not saying we can't have ...

  • Kazakh Bank Lost Billions In Western Investments 28 Nov 2009 02:51 GMT
    ... lent billions of dollars to finance vast real estate projects in Russia and Ukraine, as well ... developments in Ireland, the global expansion of Icelandic banks and subprime mortgages in the United States, only to see ...

  • Castles in the sand 28 Nov 2009 05:31 GMT
    ... United States homeowners started defaulting on subprime mortgages two years ago, the tightening of international ... investment bubbles around the world. Some, like Iceland or the British housing boom, popped relatively quickly, but others have been ...

  • Floundering Kazakhstan Bank Burns Westerners 28 Nov 2009 02:31 GMT
    ... lent billions of dollars to finance vast real estate projects in Russia and Ukraine, as well ... developments in Ireland, the global expansion of Icelandic banks and subprime mortgages in the United States, only to see ...

  • Is Dubai a Financial China Syndrome? 28 Nov 2009 13:31 GMT
    ... be there to bail out its extravagant real estate ventures. The , though, is not just ... loans to finance ill-fated projects in Ireland, Iceland, and the United States. In the sober ... might only be eligible at a higher cost,” says the paper. The problem is rippling ...

  • Who'll be the next victim? Take your pick 28 Nov 2009 07:13 GMT
    ... Thus Iceland's banks managed to borrow – or leverage, in ... they won't give British first-time buyers a mortgage; the same principle of prudence applies). The invariable solution ... Canadian circus troupe last year, although no price was mentioned. Dubai has a 17 per ...

  • What will the general election mean for Scotland? 28 Nov 2009 07:30 GMT
    ... on local issues such as jobs and housing and scarcely bothered to make the case ... prosperity” stretching from Ireland by way of Iceland to the Baltic. That autumn, the Royal Bank ... stand firm, though the expenses scandals may cost a child’s handful of seats. It also ...

  • The general election and Scotland 28 Nov 2009 13:10 GMT
    ... on local issues such as jobs and housing and scarcely bothered to make the case ... prosperity” stretching from Ireland by way of Iceland to the Baltic. That autumn, the Royal Bank ... stand firm, though the expenses scandals may cost a child’s handful of seats. It also ...

  • Best Performing Real Estate Markets In The World In Q3 2009 27 Nov 2009 18:55 GMT
    ... Progress toward recovery in the housing market has not been uniform, with Asia ... to date), the UAE (-48.1%), Bulgaria (-28.7%), Iceland (-21.2%), Russia (-19.5%) and Slovakia (-15.3%) (all figures ... (more upbeat) nominal figures usually preferred by real estate agents. The fact that housing markets are ...

  • Iceland: Real estate market November 26 2009 27 Nov 2009 15:41 GMT
    ... Iceland's real estate market leaps from 1,440 to 5,151 million between weeks (all monetary figures in Icelandic kronas ...

  • Dubai's Investment Troubles Leave Markets Unsteady 27 Nov 2009 13:31 GMT
    ... bank to allow six months of skipped mortgage payments, presumably because the homeowner was out ... was trying to find out how much. Real estate and construction firms of varying sizes were ... credit markets froze last year, Dubai, like Iceland, found itself overextended. But Dubai, which has ...

  • European Markets Mixed After Sharp Drop in Asia 27 Nov 2009 13:35 GMT
    ... bank to allow six months of skipped mortgage payments, presumably because the homeowner was out ... was trying to find out how much. Real estate and construction firms of varying sizes were ... credit markets froze last year, Dubai, like Iceland, found itself overextended. But Dubai, which has ...

  • Dubai's Move on Debt Rattles Markets Worldwide 27 Nov 2009 02:31 GMT
    ... bank to allow six months of skipped mortgage payments, presumably because the homeowner was out ... credit markets froze last year, Dubai, like Iceland, found itself overextended. But Dubai, which has ... meet obligations at home. Booming services and real estate sectors, a gleaming new airport and a ...

  • Iceland: Inflation October 2009 27 Nov 2009 12:30 GMT
    ... November 2007 by simple summation. Inflation less housing decreases from 13.5% to 12.5%. The notable lack ... and businesses that have indexed loans (especially mortgages) which in turn increases risk of default ... indexed loans and increase economic stability. Still, Iceland does not appear to be in economic distress. ...

  • Asian Markets Drop on Dubai Worries 27 Nov 2009 10:36 GMT
    ... markets fell across Asia on Friday as investors, spooked by news that Dubai was seeking ... bank to allow six months of skipped mortgage payments, presumably because the homeowner was out ... credit markets froze last year, Dubai, like Iceland, found itself overextended. But Dubai, which has little ...


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