Friday, Oct 12, 2007
Soft landing, rather than a crash?
Times Online: Heaven knows estate agents are miserable now; but do they have any right to complain?
How bad 2009 going to be?
"ESTATE agents are a bit glum, for which they are blaming home information packs (Hips), Northern Rock and the media"
Posted by peter @ 12:34 PM (750 views) Add Comment
7 Comments
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1. Mr Crabs said...
I've just been to see my local EA to see how the market is holding up. He told me they sold 44 houses in August, 21 in September but 35%fell through(I make that 14 then), and 2 so far this month. He seems a bit worried, something about most of his salary is commision based. I'm going to send him a tin of ham or spam for Christmas to cheer him up. Season of good will and all that! HA HA HA HO HO HO! (New Forest area if anyone is interested).
2. paul said...
That's right love, keep making comforting noises to calm yourself. Your gentle cooing will not save your portfolio.
3. sold out said...
"But Capital has been badly wrong in the past and its views go against those of the majority of commentators, who expect a soft landing, rather than a crash. RICS contends that a major correction remains unlikely while employment conditions are buoyant." Same old VI nonsence.When the hpc started in 88/89 wasn,t unemployment also buoyant? It was the crash in housing that brought about the ressesion not the otherway round.
4. sold out said...
sorry i meant "wasnt employment conditions also buoyant?"
5. taffee said...
US houses are falling and unemployment is very very low
Anyone wonder what will happen if that changes?....yep the great depression mark2
6. doomwatch said...
Anne, give up love, you're only fooling yourself.
7. doomwatch said...
Anne, give up love, you're only fooling yourself.