Property comes back into vogue

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Property comes back into vogue

Apr 23, 2008
By Abdul Turay

Old and new: Tallinn is famous for it's Old Town, but new builds make up most of the city. Half are empty.

TALLINN - There are clear signs that the months of carnage in the property market, which caused misery to homeowners and property speculators alike, may be ending. Although the situation is still dire, experts and property analysts say that they have seen signs of recovery in the past few weeks. “Very recently, in the last four to eight weeks, I have personally seen a change in climate. A few buyers are emerging from the woodwork,” said Carl Wells, a senior international consultant at Goodso ...

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