About HOMZZ.net World Wide Property and Real Estate

Buy, sell, let and share property wherever you are in the world. Building into a comprehensive trading centre for all mojor classes of property, land and capital installations. It is intended that Homzz will provide a platform for Private and commercial sellers and traders in their entirety.

The service will build into a comprehensive and multi-tasking environment for the user to manage within the property selling/marketing field, without interference from unwarranted agents.

Our aim is to make the process easy for everyone to comprehend. Therefore, users may find that the processes in place may be a little ?long winded? and convoluted for start to finish.

This is deliberate, because we are looking to make a potentially complex process as simple as possible.Whilst we will seek to be comprehensive it is not our intention to be definitive and would be happy if our users and customers participate in ensuring that the details we publish on the site is as accurate as possible.

Moreover if there are areas of subject matter that users feel have been given less than comprehensive coverage then we would be glad to entertain for contributions which will seek to complete the perceived ?Gap? in the information that we have provided.

Ultimately it is aimed that Homzz International will become a definitive platform which will be driven by its users and works for no ultimate corporate body.

Our range of property Trading facilities cover:

  • Selling property and land (Commercial and Private)
  • Letting property and land (Commercial and Private)
  • Property Share
  • Property Information library
  • A Global Property Magazine
Established nine years ago. We are a private organisation comprising and team of 12 staff .

Our primary philosophies are aimed at exploiting the advantages of the internet platform as a means of advantaging the increasing desire for user autonomy and freedom in managing their own skills.

We work primarily using programming technology and software in Java, Java Server Pages, MySql, ASP, PHP. With the Web still and imperfect technical playing field, we are confident that we have programmed this service to function at an optimised level across most key platforms, but your service is probably best viewed in Internet Explorer 6x and Mozilla Firefox 1.5.0.6

We are also confident that some viewing and usability issues are bound to rear their ugly heads in the course of using your ?Self Driven? Property Management and Marketing Tools?..to this end please feel free to report errors and make suggestions which could improve the services we are providing you.

We are keen to worki with our Users and Members in partnership. For us, our members are a lifeblood which enables the service to be delivered in and effective and useful way.

HOMZZ Property and Real Estate Lifestyle

Nationwide Surveys Shows December Price Surge,
by Mr Orla Brien
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Short :

The latest house price survey form the Nationwide Building Society indicates that the recent Band Of England interest rate rises have largely been ignored.

 

Indeed the figures for December showed a rise of 1.2% as compared against November’s figures. The mortgage lender said that this surge had raised the 2006 annual price rises to 10.5% very much in line with many other large market surveys.

 

The average family home now stands at £173,746 according to their measures.

 

 

See Nationwide.co.uk

 

O O’Brien

AIM Authorities Suspend Deutsche Land Shares on Reverse Takeover Rule,
by Mr Tim Broadbent
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Financial Times Reports :  AIM listed commercial property developer had its shares suspended on a “technicality” after its proposed purchase of a large office complex situated at Frankfurt Airport was deemed tantamount to a ‘reverse takeover’ in being valued at E217 million, which is greater than the market capitalising of the buyer. 

The AIM authorities have suspended trading the shares pending a vote of approval by shareholders, expected sometime in January 2007.  

See London Financial Times 

T Broadbent

CBOT And CME Target Same Futures Instrument,
by Mr Tony Brewer
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Real Estate Investment 10-01-2007 :   

Despite their pending mergers, details of which are being thrashed out presently, market rivals the Chicago Board Of Trade and The Chicago Mercantile Exchange are heading for a potential clash.

 

The former has begun actively pursuing a new futures contract which utilises Commercial property assets, a product already held in the CME portfolio. It is likely that the CBOT is jostling for position as part of the merger, but it is also a move seen as setting up some thorny questions in who gets primacy in the merger.

 

Both groups have traditionally had futures contacts based around residential property prices, but the CME is the only one until now who have dabbled in the commercial sector. It is likely that with the surge in worldwide property assets’ activity that it behoves both organisations to jointly exploit such products, since there is likely plenty of business to exploit in the home market, let alone the global market.

  

TBrewer

 

 

 

Brixton Wins Shareholder Approval On REIT Status,
by Miss Norah Burdis
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Real Estate Snap :

 

Brixton property group is the latest commercial property to seek and obtain shareholder approval for adopting REIT status.

 

At the EGM to discuss this, the firm decided convert its status on January 1st, 2007 .

  

Norah B

French Homeless Given Right To Sue For Housing,
by Miss Norah Burdis
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Short : 

 After what many observers have viewed as an extremely effective publicity campaign by interest groups, French Prime Minister has announced that the French legislature will pass lows which enable the increasing band of the homeless in France to sue local authorities for a home. 

He claimed that this would claw back the shortfall of 600,000 homes (this figure is disputed by housing charity groups who say the figure much nearer to 1million) and would help assuage the clamour form the French middle classes who have been somewhat embarrassed by the highly publicised campaign for the rights, which involved setting up homeless “camps” using ‘day glo’ coloured tents which were deliberately located near affluent parts of Paris, Nice and Lyon. 

Mr de Villpin confirmed that the new rights would not be enforceable until 2012, which should give the government time to catch up in their house building targets.

NB