Confusing or what? Recent reports on the property market range from predictions that prices have further to fall to those that suggest prices actually rose a percent or two last month. Clearly they can’t all be right so what’s actually happening and how can you really find out just how much your own home is likely to sell for? Full Article ...
The market has gone into a rapid freefall that even the most pessimistic would probably not have predicted. Yes, things are bad but transaction levels are so low that there is a feeling it can’t get any lower as its only the must sell vendors who are doing deals. The fact is that property prices have fallen anything between 15 and 25 percent since August 2007 when this downturn kicked off with the Northern Rock fiasco and the introduction of HIP’s. Full article ....
