Saturday, Jun 28, 2008
House prices do (not) fall in prime central London...
Financial Times: Investors secure huge discounts on properties
Residential property investors are securing discounts of up to 30 per cent on prime new-build developments as housebuilders rush to offload stock before prices fall further.They are finding opportunities in parts of prime central London and the south, typically where development began before the downturn in the housing market. Developers are increasingly desperate to find buyers and will negotiate large bulk discounts, according to agents.
Posted by attila @ 05:42 PM (197 views) Add Comment
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