Posts Tagged ‘Property Market’
Auctions are a great way to buy property competitively. However, there is more to do than just turning up and landing yourself a bargain.
1. Familiarise yourself with the process. Attend a couple of auctions without bidding, to see how it’s done.
2. Research. Information on a property will be provided by the auction house three to [...]
Figures have shown that the house prices have fallen for the 16th month in a row during January, losing a further 1% of their value.
According to housing intelligence group Hometrack, the average property price in England and Wales has dropeed by 9.4% during the past 12 monthsto stand at 158300 pound. But there is evidence [...]
The impact of recession goes on in the new year of 2009. Latest data from UK’s leading building society shows the sharpest annual in housing market ever since records began in early 1990s.
As the house prices have droped by nearly 16% in the past year, hundreds of thousands of homeowners have been plunged into negative [...]
Due to the negative effect brought forwards by the long-lasting credit crunch, the entire mortgage market is hitting its lowest point in decades. Many real estate companies have suffered from great loss during this period. And large number of small agencies have gone out of business in the time of recession.
However, the market situation has [...]
People in the modern society have got used to making a fast profit in the property market. However, as a result of the faltering economy, the entire market situation has changed rapidly recently. Due to the worldwide credit crunch, the mortgage sector has been hit very hard. There are no more easy lines of credit [...]