From Telegraph: Buying and selling property in a plummeting market is not for the faint-hearted. With the market in the doldrums, sales more than 90 per cent down on last autumn and the entire property industry looking as if it might seize up altogether, buyers hold all the cards. Surely it’s just a question of making an offer?
But after a decade of stupidly steep house price growth, the downturn has stunned buyers as well as sellers. “What makes a good buyer? Right now it’s probably having a pulse,” quips Lindsay Cuthill, director of Savills’ Fulham office….. Full Article: Source