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darwin

Normal Service Resumes In The Housing Market

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Times Online 12.06.09

Normal service resumes in the housing market - link

Lucian Cook, Savills’ residential research director, even discerns a few signs of a “herd mentalityâ€, with buyers eager not to be caught out by a sudden uplift in prices.

Apparently. <_<

When he says "herd mentality", I suppose he's describing this forum's Bull-Troll hybrids, right?

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The increase in activity is encouraging a few previously reluctant sellers in the capital to put their properties up for sale. This will represent the first significant test for the tentative recovery, which, until now, has been powered by a shortage of homes for sale

She neglected to mention another evidence of 'normal service resuming' which promises to pose a second 'significant test' for the 'recovery':

http://www.timesonline.co.uk/tol/money/pro...icle6445365.ece

June 7, 2009

Lenders derail house market rally

Britain's leading mortgage lenders have launched a new crackdown on borrowers that threatens the property market revival.

http://www.telegraph.co.uk/finance/persona...-to-follow.html

11 Jun 2009

Nationwide imposes sharp rise in fixed mortgage rates

Nationwide Building Society is to raise interest rates on fixed-rate mortgages by as much as 0.86 percentage points, as rising wholesale costs put pressure on its rivals to follow suit.

http://www.timesonline.co.uk/tol/money/pro...icle6485650.ece

June 12, 2009

Lenders rush to raise fixed-rate mortgages

Homeowners and landlords hit as more lenders join the sudden rush to raise interest rates on home loans

Edit: missed a link.

Edited by ChiefCashier

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When he says "herd mentality", I suppose he's describing this forum's Bull-Troll hybrids, right?

A herd of bulls, it would seem.

Rushing headlong towards the last opportunity to lose money in a crashing market.

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A herd of bulls, it would seem.

Rushing headlong towards the last opportunity to lose money in a crashing market.

remember, you can still get trampled by herding retards

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I gather that in order to be a Times journalist, altzheimers memory loss of anything reported in the last 12 hours is prerequisite.

shaking hands are not tolerated however.

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