Sunday, Dec 30, 2007
Mortgage and property market in 2008
FruitMortgages: Mortgage Finance & Property Blog Wales UK
There is growing concern coming from experts on how the mortgage and property market in 2008 will turn out.
Although not guaranteed house priced are likely to fall in early 2008 by at least 1-2% as first time buyers are unable to enter the market and second time movers are unable to sell their home. There was incredible housing inflation from early 2006 to mid 2007 of up to 100% in some areas such as the North of England and East Wales.
Thankfully, for long term stability, these unsustainable increases have come to an end, this will hopefully lessen the extent to which the UK's slowing economy will be effected...
Posted by daniel morgan @ 10:15 AM (124 views) Add Comment
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