House Price and Property News and Information.

What Would Make You Drop Your Asking Price!

The average asking price for a property in the UK is holding on despite rising prices in the shops, financial meltdown in the UK and the end to any feel good factor which we felt at the start of the year. I think with your savings worth less than ever and all sorts of possible ramifications about the EU bailout and govenment cuts, people are recognising that your home is one of the safest investments you will make, bricks and mortar are once again more important than money in the bank.

Market research conducted in the last few months indicates that around two thirds of home owners in the UK refuse to believe thnat prices will go down and refuse to lower asking prices, middle bracket earners are still staying out of the mire of uncertainty which effects lower earners who struggle to get mortgage finance and suffer from job insecurity, while this lasts the country will hovver above recession.

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