Saturday, Dec 27, 2008
Comedy at Christmas
TimesOnline: Mortgage supply is key to continuing house price decline
Homeowners who still have considerable equity in their properties can be relatively sanguine about the housing market’s weakness.
For them, 2009 will be another year of staying put. For the more adventurous among this group, lower prices will be an opportunity to snap up, say, a second home in the South West, where values are 12.7 per cent down this year.
Whatever location these buyers opt for, they will be eager to move before it is generally acknowledged that a recovery has set in.
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Posted by mikeymoo @ 09:58 AM (207 views) Add Comment
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