Friday, September 28, 2007

Is strong employment enough to prop up a housing bubble?

Why it’s a bad time to be an estate agent

The US arm of estate agents Foxtons is on the verge of Chapter 11 bankruptcy. And things are looking little better over here, despite claims that 'strong fundamentals' will avert a house price crash.

Posted by mary @ 12:12 PM (628 views)
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2 thoughts on “Is strong employment enough to prop up a housing bubble?

  • Have it, Hunt.

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  • Nearly every other house i drove past in a very desirable area in Cheshire , i.e Alderley Edge etc was up for sale this week and I was totally gobsmacked. I mean it would be a perfect area for where I would love to aspire to buy? Prices are rediculous and the estate agents aint shifting them so how are they making there living???

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