Thursday, June 26, 2008

Carnage and gridlock on the radar….

Homeowners plannning a panic stampede in order to sell

One in eight homeowners are planning to sell their property during the coming year, despite the current housing market downturn, recent research from Alliance & Leicester has shown....Approximately 13% of people plan to put their property on the market during the next 12 months, the equivalent of 3.3 million homeowners, according to Alliance & Leicester. One in five people plan to carry out improvement work on their home in the hope of boosting its value or increasing its saleability. 50% of people said they would be carrying out work to improve their current property and avoid the expense and upheaval of moving.

Posted by converted lurker @ 11:07 AM (1084 views)
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4 thoughts on “Carnage and gridlock on the radar….

  • mark wadsworth says:

    That would be brilliant it there were the faintest bit of truth in it!

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  • Like you Mark, I only mistrust one element of this “report”……the words!

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  • That title is barking. How does someone Plan to Panic?!?

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  • People move every 7 years on average anyway. This article says nothing new.

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