Friday, Mar 05, 2010
Good news everyone
Times: Foxtons to expand as housing market picks up
Foxtons, the London estate agency famed for its fleet of Minis and hard sales tactics, has confirmed plans to expand around the capital in response to the increasingly thriving property market in the city.
The return will be viewed as a sign that Foxtons has called the bottom of the London housing market, and comes as reports have emerged of a return to peak prices in some of the most desirable parts of the capital.
Posted by little professor @ 11:57 PM (1425 views) Add Comment
7 Comments
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1. montesquieu said...
'confirmed plans'
ie 'has plans' to staff up in offices where they fired people before the crash
means f all ... so might hire in a few hot spots where there is some demand from foreign money, so what?
FFS it's just a press release regurgitated nothing to get excited about.
2. novice pete said...
Ratstons ready to reinfest London.
3. Alan Lubin said...
excellent. the leading contrarian indicator is in effect.
4. doomwatch said...
That lot published their company accounts yet, or still stalling ?
5. paul said...
Indeed, still no published accounts from Foxtons. So this 'news' is based on a Foxtons representative calling up asub-editor in a paper they advertise with (when they have the money) and striking up a deal.
Shame on the Times for printing such an advertorial.
6. estrader said...
"The return will be viewed as a sign that Foxtons has called the bottom of the London housing market, and comes as reports have emerged of a return to peak prices in some of the most desirable parts of the capital"
Do these morons know that activity increases at both the bottom AND TOP of a market...probably not.
7. dill said...
It's more of a bear signal to me ;-)