August 5th, 2011
House prices in Scotland are unlikely to rise in the short term, though they may do so in the long run, according to one industry expert says Zoopla. A new report by the Bank of Scotland showed the cost of owning and running a home in Scotland has risen to its highest level since 2008, in spite of the historically low interest rate. Commenting on the overall market, Ms Paterson said it is “unlikely” that average house prices will rise in the short term. If you’re asking how do I go about selling my own house in this slow market, please give us a call today.
Posted in Home Buyers
August 4th, 2011
Robert Gardner, Nationwide’s chief economist, said that there was little evidence to suggest that house price falls would accelerate in the coming months, despite the fragile state of the economy. He said: “Nevertheless, a strong rebound in the market remains unlikely, as the recovery is still expected to remain modest by historic standards. In our view, the most likely outcome is that house prices will continue to move sideways or drift modestly lower through 2011. If you are thinking ‘selling my house is a hurdle’ then sell your house to us in a month.
Posted in Home Buyers
August 4th, 2011
Housing economist Martin Ellis said: “Low interest rates, an increase in the number of people in employment and some tightening in market conditions earlier in the year are likely to have been the main factors behind the recent improvement in price trends.” He added that a slowly-improving economy and sustained low interest rates should help to support “broad stability” in the market over the coming months. If you think ‘selling my house privately‘ is a hurdle, we will buy it from you within a month and free of cost.
Posted in Home Buyers
August 3rd, 2011
Rightmove said ‘bullish pricing’ was a characteristic of the market, but many sellers would be disappointed, as evidence suggested launching a property at a high price often damaged the chances of selling it later at a reduced one. It is seen that the number of sellers has increasingly outshone the number of buyers. According to telegraph, experts have forecasted that sellers will continue to drop their asking prices next year with the national average falling up to 5 percent. Now you can sell your own home online without any hassle and free of cost.
Posted in Home Buyers
August 3rd, 2011
Andrew Hagger, of personal finance website Moneynet, said: “A small increase in mortgage rates on top of all the other inflationary pressures that households are facing could be enough to tip some people over the edge.” Economists have warned that inflation will remain high next year, leading to a rise in interest rates. Vicky Redwood, a senior economist said: “The combination of tax rises, high inflation and public sector job losses make for a pretty nasty backdrop at the start of next year.” If you want to sell your own home privately sell to us within a month only.
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August 2nd, 2011
Ian McCafferty, chief economist of the CBI employers’ body, told the newspaper: “Traditionally, in the absence of distress selling, the UK housing market adjusts more through volumes than prices, so prices are likely to slip rather than plummet next year.” It is said house prices had fallen by 1.6 per cent during 2010, with property values ending the year at a lower level than they started it in 71 per cent of England and Wales. If you want to sell your own home uk’s strained market state still offers you a chance to sell house only within thirty days.
Posted in Home Buyers
August 1st, 2011
Stephen Hughes, chief analyst at currencies.co.uk said: “For many the reality of owning a second home abroad has become intolerable and what started as a lifestyle aspiration and canny investment opportunity has become a financial milestone. Falling prices, currency fluctuation and a prolonged period of economic hardship have taken their toll.” There is an increase in the number of people selling properties abroad as a proportion of the transactions people have been handling. If you wish to sell your own house free of cost and within no time sell to us.
Posted in Home Buyers
August 1st, 2011
Howard Archer, chief UK economist at IHS Global Insight said “A significant number of home owners are still at risk, particularly if economic activity is muted and unemployment moves higher in 2011 as tighter fiscal policy increasingly bites.” He added that there is now a very real likelihood that the Bank of England will raise interest rates sooner rather than later to counter rising inflation. He further stated that any rise in interest rates would be liable to send a significant number of financially stretched people over the edge. If you wish to sell your own property sell to us.
Posted in Home Buyers
July 31st, 2011
The Bank of England reported a 4 per cent drop in the number of mortgages approved for house purchase during the month, and this fall in activity will have had a knock-on effect on completed sales during May. Martin Ellis, Halifax housing economist, said: “Low earnings growth, higher taxes and relatively high inflation are all putting pressure on household finances. Confidence is also weak as a result of uncertainty about the economic and employment outlook. These factors are probably constraining housing demand and applying some downward pressure on prices.” If you want to sell your property contact us for sales.
Posted in Home Buyers
July 31st, 2011
Howard Archer, chief UK and European economist at IHS Global Insight, was less optimistic. He said: “We believe that house prices are likely to end up declining by some 10pc overall by the early months of 2012 from their peak levels in 2010. This implies that they will fall by around 5pc to 7pc more, depending on which measure you take.” House prices have been falling as weak consumer confidence caused potential buyers to stay away from the property market. If you are thinking ‘selling my house fast’ is unachievable, sell to our company within no time.
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