Sunday, Jun 18, 2006

The lesser spotted FTB still nearly extinct

Firstrung: "First time buyer numbers up 40% in a month? Where are they buying, Pluto or La-La land?"

When referring to recent media articles the Firstrung opinion is that references are made to first time buyer 'activity' only and not offers on property leading to completion, in an attempt to bolster 'good news' stories. Picking up a description and offering an agent contact details does not a returning first time buyer make. However, with completions now averaging seventeen weeks, the body representing estate agents (NAEA) could be forgiven for wanting to rally the troops.

Posted by Converted Lurker @ 11:55 AM (574 views)
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1. Surfgatinho said...

I'm trying to find the corresponding article that talks about salaries going up 100% Must be out there somewhere otherwise FTBs still won't be able to afford to buy!

Sunday, June 18, 2006 12:53PM Report Comment
 

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