Wednesday, January 7, 2009
The predictions of price falls are getting bigger by the day
Luxury home firesale: Owners of manors and farmhouses 'may need to cut prices by 25 per cent', says estate agent
Owners of luxury homes could be forced to slash prices by 25 per cent or more to find a buyer, a report warned yesterday. 'Prime' manors, farmhouses and country cottages are all being hit, according to upmarket estate agency Knight Frank.