Spanish property developer debt is 324 bln euros

Source article = www.forexyard.com Wednesday January 27, 2010 12:48:17 AM GMT SPAIN-HOUSING/DEBT MADRID, Jan 25 (Reuters) – Spanish property developers’ debts with banks at the end of September were worth around a third of the country’s gross domestic product, the Spanish Mortgage Association said on Monday. A spokeswoman said data up to the end of [...]

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Houses for Sale in Spain – Now at Rock Bottom Prices!

Houses For Sale in Spain – Now at Rock Bottom Prices By John N Stanley Cash Is King. Along with many other countries, the Spanish property market has plummeted due directly to the global credit crunch. Those looking to sell their Spanish homes face a daunting wait if they are unwilling or unable to reduce [...]

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