To buy or not to buy
South East reports 'mixed news on housing market'
The Royal Institute of Chartered Surveyors found the average number of transactions per estate agent in the South East over the last three months was just 11, the lowest since 1978. This is slightly lower that the national figure, which stands at 12.7 transactions over the three months.
If the price is right
Whilst the outlook appears grim, there is a growing confidence amongst home buyers that 'now is a good time to buy'. There are a lot of good deals around as more repossessions and new builds come on the market.
The Royal Institute of Chartered Surveyors found the average number of transactions per estate agent in the South East over the last three months was just 11, the lowest since 1978. This is slightly lower that the national figure, which stands at 12.7 transactions over the three months.
If the price is right
Whilst the outlook appears grim, there is a growing confidence amongst home buyers that 'now is a good time to buy'. There are a lot of good deals around as more repossessions and new builds come on the market.
posted by The Editor
2 Comments:
Many house builders will also take your home as part exchange as well as pay your moving costs too!
I read yesterday that INFLATION surged to it's highest rate for 16 years as shares continued to nosedive in the turmoil sparked by the collapse of Lehman Brothers - the world's fourth biggest investment bank. It might cause the the Bank of England to reduce interest rates. But how will this affect British bank customers? Will the problems stall the recovery in the British Housing market?
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sources: thelondonpaper & Metro newspapers 16/09/08
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