Monday, March 9, 2009

Time on market soars as penny drops

Sellers urged to drop prices

STUBBORN homeowners have been urged to ditch unrealistic asking prices as homes throughout the Westcountry are sitting on the market for more than a year. The greatest market stagnation was witnessed in upmarket Topsham, near Exeter, and the harbourside community of Fowey on the south Cornwall coast, according to the property website Home.co.uk. On average, it took around 300 days between the hoisting up of a "for sale" sign to a sale being agreed in both the two communities.

Posted by tinecu @ 01:56 PM (472 views)
Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>