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U.S. Mortgage Applications Decline 1%: MBA

U.S. mortgage applications decreased by one percent in the week ending Feb. 10, compared to the previous week, according to the Mortgage Bankers Association.

Venice: a new haven for overseas property investment

In a troubled world, we gain solace from spiritual uplift and physical beauty. Few places have the ability to touch the heart and move minds like Venice. For decades it has been a place to visit rather than one in which to buy property, but gradually things are changing. British estate agents have developed connections there, and some big money is about to arrive. "Ocean's nursling", as Shelley described it, is becoming a connoisseur's place to purchase.

German Real Estate Roundup: Underpriced East, Greek Investors Seek Safety in Germany

A weekly roundup of German-language real estate news Dresden. Source: flickr. com/milanboers Residential investment: "The East is totally underrated" Speaking about Germany's prime investment markets like Hamburg, Tobias Just, professor and managing director at the International Real Estate Business School at Regensburg University, told Immobilien Zeitung: "It's amazing how many cities have had prices rising faster than rents in the last three years," and then the kicker: "The East is totally underrated.