2008 Property Market Predictions

What’s hot, what’s luke warm and what’s looking chilly in the property investment world for 2008?

Ahmed firmly believes Panama is a bubble about to burst and is to be avoided in 2008, Spain needs selling ASAP and the U.S offers some opportunities in select markets.

The Daily Telegraph is predicting knock-down prices and record repossessions in the first time buyer’s market in London and suggests Hackney as a good place to look. They are also recommending Lochgelly, Fife as being the most undervalued market in the U.K according to the Halifax Building Society.

Raising the roof over at the International Herald Tribune suggests that Montenegro, Vietnam, Panama and Brazil will continue to thrive and U.S money will avoid Europe in favor of Central America and Asia.

The Indian Economy Blog thinks recent steps taken to protect property rights in India will make the country more competitive in the World stage.

The Times Online is hedging it’s bets, with real estate agent, Savills, suggesting a brief drop in UK prices followed by a return to increasing prices.

NuWire has an interesting list of resolutions for 2008.

The CondoDomain blog are taking a closer look at Dubai over the vacation – they feel this is one of the most exciting opportunities at the moment. It’s a tough job, but somebody’s got to do it.

The only things everyone agrees on is that the U.S slump will continue and offer some good bargains this year and much of Europe has peaked. Our own predictions can be found here:

Romania
Romania continues to attract substantial investments, with more planned for 2008
Singapore and Bulgaria
Both these countries offer interesting possibilities in 2008
Top Ten Property Investment Hotspots for 2008
Property Investment Markets that should perform well in 2008