A modest increase in U.S. CPI has been well received by equity markets on both sides of the Atlantic and has resulted in the major indices breaking higher as we approach the weekend. |
A sustained run (of oil) at or above these current levels means that inflationary pressures could start to weigh, whilst attempts by manufacturers to cover the subsequent output price increases means that margins will likely find themselves squeezed to the absolute limit. |
Real estate companies here on the Costa del Sol have always charged these high commissions. This is not a new phenomenon. The difference now is that the seemingly endless flow of foreign buyers landing at Malaga airport with carrier bags stuffed with easy to get hold of cash has now stopped flowing. |
Watching how the property market was going and noticing the amount of properties available for rent and for sale, prompted us to look at other ways for owners to market their properties. This is how we came up with the principal of Cheaper Property.com. Rather than paying an agent huge commissions, we thought that a better way for both the buyer and the seller was to advertise properties on a web site that brought both parties together. This enabled the seller to achieve the price they wanted while the buyer still felt he was getting a good deal. |