Tuesday, Dec 23, 2008

Ongoing downturn hammers new builds

mail online: Ongoing downturn hammers new builds

He has told the agent that he is still interested in buying six flats. But his maximum is half the asking price - an average £180,000 for the two-bedroom flats that were originally on offer for £360,000.
Still the agent is saying no. But Geoff has been told that the property company is so desperate to offload its unsold apartments it will accept a discount of somewhere north of 40 per cent.

Posted by dantheman @ 06:15 PM (239 views) Add Comment

1 Comment

1. Dude said...

Obviously the HPC advice of if you're not embarrassed at your offer it's too high is getting through to the wider world.

Also nice to see CE being quoted more and more. Once ignored as doom-sayers, they seem to be quite in demand!

Tuesday, December 23, 2008 10:43PM Report Comment
 

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