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NEWSLETTER DECEMBER 2012
Welcome to this last edition for 2012 of our newsletter.
What an exciting year with better than expected results in the Real Estate market - at least for us ! Lower priced and middle market properties are still struggling but the top end is more robust with several significant sales albeit with some price negotiation !
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SPAIN: IT CAN ONLY GET BETTER ! | |
Still no real news re bail-out or (is it bale out?) for Spain although some funding for the sickest banks appears to be imminent. Greece now has a temporary solution and has extended it's terms so I guess everyone else will want to do the same !! |
| THIS IS BRILLIANT | |
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If you want to be cheered up go to :
YOUTUBE - SPAIN WHAT CRISIS?
It's great and so true! Well done Grant Thornton ! |
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THE WEATHER | |
Apart from that the "never ending summer of 2012" appears to have ended today when November weather arrived amid great claps of thunder at 6.00 am and 10 degrees lower temperature this morning. |
FROM WIKIPEDIA - boring but probably true! |
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In early June 2012, Spain requested European funding of 100 billion euros "to recapitalize Spanish banks that need it", this is not a "rescue" because a real rescue, would reach ten or twelve times that amount. In return for aid, there shall be no tax or macroeconomic conditions. The interest from the loan would pay the banks themselves. This plan will be overseen by the IMF, which would not place any money. According to the statement of European Ministers of Finance, the Eurogroup will closely monitor "the correction of economic imbalances." |
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It is difficult to come up with something new to say on this subject after so many months of depressing news but the number of enquiries has increased marginally over the last few months and similarly some of the owners have realised that we are not going to achieve their 2007 prices. November and December are always quieter months so a GOOD TIME TO BUY!
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SOME "PRIME PROPERTIES" | |
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FOR MORE INFORMATION CLICK ON THE PICTURE
12070
And of course there are many more properties for you to view at :
www.mjcassociates.net
Please also note that we have several "Off Market" properties where the owners prefer that we handle the marketing of their property more discreetly. Obviously, these properties are not listed on our website, but we are happy to look through these listings for you. |
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GRAN PRIX | |
 
Congratulations to Sebastian Vettel who just beat Spain's Fernando Alonso to the F1 World Championship. There is now some dispute re overtaking under yellow flag but it looks like he will keep the Championship. |
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JOKE TIME! | |
A pipe burst in a doctor's house. He called a plumber. The plumber arrived, unpacked his tools, did mysterious plumber-type things for a while, and handed the doctor a bill for € 600.
The doctor exclaimed, "This is ridiculous! I don't even make that much as a doctor!."
The plumber quietly answered, "Neither did I when I was a doctor".
Finally as this will be the last Newsletter of 2012, an early Happy Christmas and PROSPEROUS NEW YEAR from all at MJC Associates
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