22.10.2008 - Property vultures circle & wait
From Housefund.co.uk: The downward trend in asking prices continues, with new sellers now marketing at 4.9% less than 12 months ago, the largest year-on-year fall ever recorded by Rightmove. At the same time, “property vultures” are circling, looking harder and longer for a good deal. Rightmove said new sellers increased their asking prices by 1% compared to last month, though the price rise was far less pronounced than the October norm of circa 2% seen in more buoyant years..... Full Article: Source