Tuesday, Apr 13, 2010
Sellers simply can't wait any longer to cash in their prizes for no work!
Daily Mail (RICS): Homeowners in a hurry to sell before the election fallout
Property website Rightmove said 105,000 new properties were advertised for sale on its website in March, the biggest influx for 18 months.
David Pank, a director of Manning Stainton, based in Horsforth, near Leeds, said many homeowners simply cannot wait any longer.
He said: 'Properties are being listed at a rate not seen since 1997. Some of our new sellers are two- earner families who have turned into one-earner families because one of them has lost their job.
'They are nervous about interest rates going up.'
Posted by pauly_boy @ 02:31 AM (320 views) Add Comment
1 Comment
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1. miken said...
Don't agree with the article where it says London will be protected from house price falls.
Generally though now is the time to try and spot where there are locations with a huge increase in houses and to start making cheeky offers. I've personally been watching the market for 5 years and have spotted those people who have overpriced their property. For example, one house I know has been on the market at 200k for 2 years and yet a similar house on the same street sold for 170k after only being on the market for a couple of months. I expect to see more of this.