Monday, January 21, 2008
The speed at which the market unfolds beats all expectations
According to property website Rightmove, the average cost of a house in Cambridge has fallen by 4.9 per cent this month. "A slow in the buy-to-let market and the introduction of Home Information Packs have had an effect, as have the sub-prime crisis in the US and the problems with Northern Rock over here." "There is no question that prices have fallen, but this is because they were too high previously." Here we go!