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Real Estate Briefing - Categorized | Investment, Market Moves more

Confidence in property ‘not likely to improve’

Posted on 08 October 2008

From Estate Agent Today: Confidence in the ailing property market is unlikely to improve, according to one expert. Weak demand from would-be buyers is driving house prices down and impacting on estate agents, claims Lawrence Smith of Decision Homebuyers.

On top of this, he states, the Halifax has seen an average of £25,000 knocked off the average property in the last year with many people likely to end up in negative equity….. Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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