Monday, July 28, 2014

How to decorate a home for prosperity

This is the fragment of an interview with him to the renowned interior designer, Candice Olson for the television network HGTV. This Canadian is quite right, and you do not need to have the walls lined with gold to feel prosperous and live in a place of abundance.

How pleasant it is to open the door of your house and feel that you are immensely prosperous and thriving, your space besides that gives you peace and harmony.

To achieve a home that reflects abundance is not necessary to purchase very expensive furniture, just enough to keep order, make good use of colors, furniture and accessories, have a good decorative design and especially to surround yourself with objects that you are always remembering that you live a full life.

Then I'll give you some pills feng shui decoration and so you can achieve a prosperous and abundant home.

* The vivid colors like red, dark green, purple and blue give us a sense of wealth. Not to say you paint your house with these colors, if they are too strong for you pick a wall and paint it one of these tones. You can also place gold and silver accessories, this will give another nuance.

* Argentina's renowned writer Mabel Iam, in an article written for the siempremujer website talks about the colors; and what are the best practices for attracting wealth, "Green helps create harmony opening economic opportunities. Amarillo, increases creativity. White opens the way to wellness. "

* Place fresh in your living room flowers. Bright and cheerful, for example, pink gerberas, red, yellow, orange, sunflowers, daisies, colors etc. Recently on his twitter, Feng Shui specialist Audrey White chrysanthemums recommended because they are flowers that attract good luck.

* Keep the toilet lid closed and drains and the bathroom door to prevent escape wealth around.
Place pictures that symbolize prosperity or images of those objects you want to own. Remember that all this goes to your unconscious.

* A good trick is to place a platter or bowl with many coins you can accompany with Chinese coins and bills, if you prefer.

* Place a water fountain in your space, because this also adding a point of calm at home also symbolizes the flow of money.

* In your dining room placed a beautiful fruit arrangement and install a mirror that reflects back to the table, this symbolizes the multiplication of food in your house.

* It is said that plants are a good conductor of abundance, then intégralas to your decor, the most recommended are the jade plant or all those rounded leaves and of course the Lucky Bamboo.

* Finally, I remind you that it all starts within you, so try to keep a positive vibration, can help you with positive affirmations, which can repeat mentally or, you stick them in a visible place in your space.

Wednesday, July 23, 2014

Home sales fell 6.1% and announce the end of the housing boom

The housing boom is over. This was stated yesterday by the research manager of the Chilean Chamber of Construction (CCHC), Javier Hurtado, reporting a 6.1% drop in home sales noted in the Greater Santiago during the second quarter compared with the same period last year.

This is the largest decline for that period since 2010, when a drop of 26.2% was reported.

"There is talk of boom when sales depart upward from historical trends. In 2012 occurred the phenomenon. Now we are not moving away upward trend, but the figures show that we are under her. No longer boom, it's over that, "Hurtado said.

The drop in home sales occurred in houses and apartments, low of 12.8% and 3.2%, respectively.

Hurtado said that "during the period from April to June 2014 home sales fell below its long term trend, having been aligned with this in the immediately preceding quarter."

In the first six months of this year were sold in Greater Santiago 17,494 households, implying a decline of 0.6%. Of the total, 12,764 were for departments and units to 4,730 homes.

According CChC Santiago Centro lost share in the sales department, going from 32% in the second quarter of 2013 to 19%; still continues to lead this segment. Commune Central Station, whose participation in sales departments increased from 8% in the same quarter last year to 12% in 2014 appears on the opposite sidewalk.

Regarding the demand for apartments, it continues to focus on properties whose value is between 1000 and 3000 UF UF, reaching 71% of sales during the second quarter, while those exceeding 4,000 UF concentrate 17%. In the case of households, those with a value of less than 1,000 UF exhibited low participation due to the shortage of units in this segment.

Regarding the mode of sale, green homes in this quarter maintained a high turnout. Regarding departments, reached 83% of the units sold, while in homes accounted for 86%.

As for the size of homes, over 50% of departments had sold less than 50 square meters, while in the home segment, 53% of the demand concentrated on units up to 90 square meters.

According to the Real Housing Price Index in April-June the price of apartments in Greater Santiago recorded an annual rise of 13.7% and homes rose 7.9%.

Hurtado added that "the supply of homes decreased 12% in 12 months, due to the supply of apartments fell 14% and home, 2%."

Today 12.1 months needed to deplete the stock available: 13.5 months for departments and 8.5 months for homes.

Monday, July 14, 2014

2011 A Good Year For Investments In Real Estate In Mexico

2010 was the best year for real estate investment in Mexico because yields had a 17% increase this year at reaching one of the best places in the world for their performance in the Index of Prices and Quotations on the Mexican Stock Securities and expected to in 2011 keeps the same pace.

The Mexican stock market capitalization was valued at approximately $ 488, 000 million, a record 11% above the maximum (pre-crisis) of 440, 000 million dollars.

According to Jorge Alegría, deputy general manager of market and information of the Mexican Stock Market prospects for the Mexican stock market are positive forward though perhaps more moderate growth for 2011 to 3.5%.

The international real estate environment facing an environment of economic instability and fragility so in 2011 is expected to be less volatile than in 2010 when the Mexican Stock Exchange suffered a lot of uncertainty and insecurity.

Factors influencing growth in the CPI (Index of Prices and Quotations) in 2010 were mainly foreign investment as well as financing through the stock market hit a record high of 37, 750 million pesos, which turned 2010 the best year to provide resources to businesses.

This year 2010 is in the highest levels of available cash flow back to the previous operating the crisis in the economy, this condition also favored the market value of securities of Mexican companies have recovered and achieved improvements in their situation financial and decreased levels of leverage.

So closes the year with new opportunities for growth and taking advantage of opportunities that were presented, hereafter perhaps the upside potential market is more limited by what the future rise depends on the growth and expansion of the profits generated by Mexican firms.

Monday, July 7, 2014

Shortage of cement and rebar affects execution of eleven works approved

Ciro Colmenares, Chief, Division of Civil Works expressed concern at the lack of supply of raw materials such as cement and rebar for the implementation of the 11 projects approved by the Inter-territorial Compensation Fund, to develop this year.

"So far they have been approved 11 works for a total of 4 million 357 thousand bolivars of 50 projects submitted by the Mayor to the FCI, to be implemented this year, but these jobs have been affected by the lack of raw materials , problem afflicting the national system of construction, "said Colmenares.

Among the works that are awaiting material are: "Construction of Gabion Wall in Main Sector road Madre Juana, San Sebastian Parish"; "Replacing Stormwater Collector, located on Main Street Marco Tulio Rangel, Vereda St. Hedwig Parish La Concordia"; "Conservation and Improvement of Rural Aqueduct sectors Barrio Bolivar, La Villa, Santa Teresa and Santa Cecilia, San Juan Bautista Parish"; "Improving Stormwater Collector, Barrio Marco Tulio Rangel II Highlands La Concordia Parish"; "Improving Stormwater Collector, Barrio Marco Tulio Rangel, Concordia Parish."

Besides the "Construction of the Wall of the Quebrada Bermeja the end of the race 8 at the Neighborhood Guzmán Blanco, San Juan Bautista Parish (1st Phase)"; "Continued Construction of Water Collector Vega served in the Ink, San Sebastian Parish Sector"; "Continuation of Road Improvements Sector Brisas El Pinar, San Juan Bautista Parish"; "Construction of the Private collectors and Andrés Bello Barrio Los Mangos, La Concordia Parish"; "Construction of Rigid Pavement in Road Chaucha table in Paramito Sector", "Conservation and road improvements, construction Collector and Stormwater Served on Calle La Candelaria Passage of Machirí San Gabriel, San Juan Bautista Parish"; "Construction of the 1st Stage of the Wall Containment Area Lourdes Parish Pedro María Morantes".

Colmenares said that the shortages affecting the rule and therefore the town, affects start of works to be executed during 2014, noting that there are important works such as rehabilitation and improvement of various road arteries in the five parishes comprising the town, construction of aqueducts, wastewater collection, wastewater collectors, rigid pavements, retaining walls, among others.

Note that these works were approved by FCI, and have the financial resources for their implementation, are just waiting for the supply of cement and rebar for they continue that are already running, and to start you are scheduled.

Works on hold

Among other works that are waiting for resources are: "Construction of Wastewater Collector Street Spring and Vereda The Effort, Sector" C "in San Rafael Llano Road"; "Continued Construction and" Construction of Rigid Pavement, Calle El Porvenir (stage II) The Concordia) "; "Improving Public Lighting Sector Pedro María Barrio Libertador Parish Morantes"; "Patching and Upgrades folder bearing with Hot Asphalt Pyrenees Pedro II Mary Parish Morantes Sector"; "Improvements Served Collector and Stormwater, Street 1 Neighborhood Ambrosio Plaza, Parroquia San Juan Bautista" and "Consolidation of Wastewater Sector Vereda La Popa 3 Parroquia San Juan Bautista."

Tuesday, July 1, 2014

Investment in real estate in Colombia PTO

The growth of the economy and the incentives to invest are some of the elements that create opportunities for housing, offices, hotels and commercial establishments, among others.

Hotels, offices, convention centers, warehouses, free zones, industrial and housing projects are part of the menu of investment opportunities in Colombia, which has broken all records after entering a period of economic growth and foreign investment has located as one of the most attractive countries for business.

This upward trend was confirmed by the National Bureau of Statistics, for in the last twelve months to January, accumulated an approved 23.4 million square meters, representing an annual increase of 28.2 percent area.

Bogotá is the most coveted region for investment, followed by the departments of Antioquia and Valle.

According to the organization, projects for wineries were the best performers, up 67.2 percent; then there are approvals for offices, with 58.1 percent; trade, 56.1 percent; housing, 30.4, and hotels, 14.7 percent.

Even more important, the consolidated permits: 23.7 million square meters, which exceeds 19.2 million in 2007, which was a record year industry.

The case is relevant in the hotel, if you consider that the indicator initiations of new works at the end of 2011, scored with an increase of 129 percent.

In fact, major hotel chains in the world have come to the country with projects that explore the integration with housing, retail and offices to put together a complete package that attracts potential investors.

According to the building contractor, Luis Fernando Correa, the number of hotels must be close to 1,700 rooms and around 64,000, including projects on site.

"Some consider these excessive numbers, but we need much," says Correa, adding that "to grow significantly we take the next ten years at least another 50 thousand rooms."


The Colombian Chamber of Construction (Camacol) highlights the performance of social housing (VIS), linked to the figures reported in Bogota and Cundinamarca, which in 2011 accounted for 47 percent of the total.

"Participation in the allocation of government subsidies, which strengthened the demand, and the start of several developments associated macroproject Green City in Soacha (Cundinamarca), were instrumental in the process," said the organization.

Camacol also highlights the growth in commercial locations (64 percent), Wineries (69 percent) and offices (29 percent), which analysts have been given to believe that 2012 will be the year of these markets.

"In shopping malls is revalued and the threat of oversupply, however, there is room to grow, especially in intermediate cities of over 300,000 inhabitants," says Felipe Bernal, construction manager Pedro Gómez y Cia.

For Roberto Caceres, director of real estate services firm, Colliers International Colombia, "the country has twelve cities with over 400,000 inhabitants and an expanding middle class, which means that there is an attractive market for supermarkets and trade in general. "

In the same vein are the offices, said the executive, who highlighted the case of Bogotá, which manages the largest inventory in the country: "The net absorption of office in the capital during the second half of 2011 was 203,979 square meters, a record historic. "


The real estate sector in Colombia has established several exemptions and benefits, including tax users EPZ incentives. They enjoy the exemption from payment of income tax (35 percent) and complementary remittance (7 percent) on the proceeds of the annual sales of goods and services into foreign markets.

Similarly, goods for production (machinery and equipment, raw materials, supplies and spare parts) from abroad, intended for industrial users are exempt from import duties, ie, tariffs, the value added tax or sales tax, and only the rights to the foreign component is incorporated cause.

Investment in hotels also enjoys exemptions, because the income from accommodation services in the first works executed between January 2003 and December 31, 2017 are exempt from income tax by treinjta years.

Thursday, June 26, 2014

China tries to prop up a falling property market

In order to combat the growing lack of confidence in the real estate market of China, local governments are releasing restrictions on who can buy houses, offering incentives for those who can, and returning to the previous price control.

The means of the Communist Party also began to talk about the latent potential of the market, in what appears to be an attempt to bolster confidence in housing prices.

However, through China, real estate developers are struggling to get rid of inventory, using unorthodox techniques sales suggest a deep concern for the future.

A collapse of real estate prices would be catastrophic for the Chinese economy: the vast majority of Chinese wealth are invested in housing and real estate industry has been the engine of growth during the last decade.

'Saving the market'

In the intermediate cities throughout China, which are still huge compared to global standards, officials relocated restrictions that existed a few years ago in order to get people to buy more houses. Such measures are known in Chinese as "Jiushi" or "saving the market,"

Wuhan, a center of transportation in central China on the banks of the Yangtze River, encourages college students to travel there to study. They can get a local residence permit upon graduation, winning local employment, and most importantly, buy a house, as dictated by the new policy.

The official residence status in Chinese cities is controlled by the regime through what he calls the "hukou" or household registration system, which acts as an internal mechanism visa or passport within China.

People born in the country are relegated to rural hukous. Without a city hukou, they second class citizens to move to become a city, unable to send their children to school, or buy apartments or cars.

Other cities promote local hukous promise in exchange for the purchase of homes, according to Xinhua, the official Chinese news agency.

The city of Wuhu in Anhui Province in Central China canceled the restriction college graduates need to complete three years of full-time work before receiving grants for a first home purchase.

Zengchen and Conghua two second-tier cities in the province of Guangzhou also began to put restrictions on home prices, credit, inventory, and identity of the buyer, which was added in past years in an attempt to make the market does not unstable.

Because the restrictive economic policies, which are an essential part of the model of the Chinese regime for economic growth, have channeled a large portion of household income on housing, even minor changes in policies, amplified by the vast population of China, may have an effect immediate and significant.

But such measures can be at best a temporary cure. Signs of a slowdown are inexorable everywhere.


Deutsche Bank AG said in a report on June 13, according to Bloomberg, which cut prices only after 10 or 15 percent, developers were able to get an acceptable sales volume.

Official data show that from April to May, household prices declined in 35 of 70 cities, something unseen since May 2012.

Prices of capital goods in large companies listed Chinese roots in the U.S. also stumbled this year, SouFun a real estate website, losing 25 percent of its value in June, and E-house China Holdings Ltd., Chinese property agent, down 13 percent.

Property Market Index Shanghai fell 6 percent this year, reflecting the fortunes of two dozen real estate companies that monitor the.

Li Junheng an analyst at the Chinese economy of Warren Capital based in New York, recently told a newspaper that "larger cities including Shanghai are seeing price reductions both within and outside the inner ring road, 2 - 3 percent and 8-10 percent, respectively. "

The newspaper also said the slow economy led to high-end retailers to open new stores in shopping malls and large real estate projects make discounts of up to 50 percent. Even the always confident VIPs traveling to Macau's casinos were minimized.

"We think the market dynamics are significantly different from those of 2008-09 ... and 2012 ... when the market is seeing a fundamental and structural surplus, and a feeling of low energy," wrote Li Junheng.

taking Internet

The People's Daily, mouthpiece of the Communist Party, is on the defensive about the settings of real estate policies.

"Real Bears have ulterior motives, ajustamientos prices are normal," said the headline of a recent story.

"The real estate agreements have tended to decline this year, bringing suddenly shouting 'collapse', 'tipping point', 'bank runs' and other pessimistic theories," the newspaper said.

Actually, this is all part of a "normal adjustment", the newspaper said, setting the Party line in the politically correct way to see the real estate market.

Other officials were more sober. Pan Gongsheng, the vice president of People's Bank of China, said at a recent forum, as paraphrased quote, if the people of a country keeps its wealth in real estate, can bring many problems to economic development, leading to a real estate bubble it explodes and brings an economic crisis.

Monday, June 23, 2014

Latin Encourage Construction in Miami

Crossing the bridge from the Brickell area to downtown Miami, softens land a punch against Biscayne Bay while twenty workers with protective helmets load long iron rods in the place where another tower is built.

After five years of inactivity by the housing crisis of the late 2000s, the construction of buildings in Miami flight has risen again from the very wealthy Latin American buyers, mainly from Argentina, Venezuela and Brazil, seeking to diversify their investments and protect their savings buying expensive new properties in a city where you feel comfortable and safe.

There are 21 buildings under construction and preconstruction in the area, with a total of just over 6,700 apartments, according to a Miami Report ISG report, published in February. The average value of each unit is $ 400,000, but some duplexes in the most luxurious buildings in the area are offered at over 20 million.

Just over 60% of international buyers of South Florida are in Latin America, mainly from Venezuela, Argentina and Brazil, according to a 2013 report from the Association of Realtors in Miami. The rest are Canadians, Europeans? German, French, Spanish? and Russian, among others. There are cases in which 80% of buyers of a building are Latin American.

"It is thanks to the construction marketplace has started back," said Diego Ojeda, vice president of Rilea Group, a construction company that resumed their work in the area in January this year with the construction of a 44-story building in the heart Brickell.

"If there (the Latin American buyer) would be dead," he said, meanwhile, Liliana Gomez, director of international sales at ISG, a company dedicated to marketing products to build luxury South Florida.

Latin Americans, who helped the market at first buying cash condominiums whose values ​​fell on the floor during the crisis, are now building a new form of financing apartment building in South Florida brought by the Melo Group of Argentina.

Is payable in advance up to 70% of the cost of the property, in a phased manner. The rest can be paid in cash or financed by builders or bank once the department has been delivered. It is a system used for some time in some countries in the region, including Argentina, but again in Florida.

Local buyers, explained to the AP several experts, can not access these apartments as banks are not offering them funding as a result of the crisis and they do not have cash to make required deposits by builders.

Alicia Cervera Lamadrid, the realtor sells condos over a dozen buildings preconstruction area, estimated that between 60 and 70% of the buyers of those properties in the center and the financial district are Latin American, and Americans rest and Europeans.

"Many people buy to rent, to have an income, and believes in the appreciation of fine ... Miami continues to improve and then imagine it will be one of the great cities of the world and sees it as a good place to put your silver, "said Carlos Rosso, president of the condominium division of Related Group of Florida, which had losses of about 1,000 million dollars in 2008, during the housing crisis.

Related, whose projects were resumed in late 2010 after two years without building anything, has 15 works in the Miami area under construction or in preconstruction approval process levels. All were funded with deposits of at least 50% of the buyers, who are 80% of Latin America, Rosso said.

Other Latin Americans use the apartments to vacation or live there part of the year, according to interviews with experts and owners.

Alyce Robertson, executive director of the Downtown Development Authority of Miami, known as DDA by name in English, explained that buyers prefer the Latin American financial and downtown Miami area by urban life, the restaurants, the possibility of walk the streets safely, or to opt for a public transport route as the train or tram, and cultural offerings of museums and theaters, plus the warm weather and the proximity and ease of travel to their countries offering city.

These were the reasons that convinced the Venezuelan Nelly Fernandez to buy a two bedroom apartment for $ 390,000 in building boutique Le Parc Brickell area even before construction began.

In late 2013 I made a first deposit of 10% thinking it might make the apartment with her three daughters aged 24, 19 and 18, or rent if the monthly maintenance costs were very high.

"What am I threat (in Caracas) is the issue of insecurity," said the real estate agent of 53 years, often traveling on vacation to the city at least three times per year.

"I bought in Miami because I like the city, in case you need to move the situation in the country," Fernandez said, referring to the climate of social unrest in Venezuela. He explained that the investment made with money I had saved on a U.S. bank before the Venezuelan government imposed control regulations buying the dollar in February 2003.

"People buy because they nationalized their own country, they attack, they put taxes, no public insecurity," said Arturo Porzecanski, director of the Program for International Economic Relations at the American University in Washington. In some Latin American countries, the academic said in a recent phone interview with the AP, "There are all kinds of disincentives to investment and hence a number of incentives to invest abroad open."

Both Argentina and Venezuela there is a strong change control and restrictions to take dollars abroad, but that does not prevent capital flight.

In the past 10 years have left Venezuela 144.900 billion, according to estimates by consulting Ecoanalítica based on official figures.

In Argentina, capital flight nearly doubled since 2002, when it amounted to 90,000 million, reaching 180,000 million 2012, according to information from the National Institute of Statistics and Census, an official entity. The authorities have even admitted that total offshore wealth could be much higher: 400,000 million.

Porzecanski and other experts consulted by the AP explained that some of those who buy apartments in Miami do with dollars that were already in foreign banks or other investment money already held in the United States.

"All quarters out billions of dollars in these countries. There are many ways to remove them, some buy dollars from the central bank, other under-invoicing exports or over-invoicing imports," said the academic, but warned that there is no national law that prohibit or discourage the purchase of assets abroad, whether in stocks, bonds, or real estate.

The embassies of Venezuela and Argentina did not respond to emails from the AP to discuss the issue.