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German pre-fab homes gain in popularity among British buyers

Posted on 31 August 2011

Factory-made houses, popular for decades among Germans and North Americans, are becoming more prevalent in Britain as homebuyers and developers try to avoid turbulence in the real-estate market. Sellers in London lowered asking prices by the most in a year in August as demand in Britain’s most expensive city was hit by turmoil in financial markets.
Loans to buyers of pre-made homes will more than double to $5.5 billion by 2014, according to London- based researcher Datamonitor Plc……………………………………….Full Article: Source


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