Friday 14 December 2007

Positive Sentiment

According to Eimer O'Keeffe, CEO of Real Estate Alliance, "there is an air of positivity since the stamp duty announcements. Vendors and buyers are happy with the change but it will take a few months for the market to recover from the battering it has taken over the past 15 months. However enquires have increased and traffic levels on the websites are up about 15% from this time last month. It has certainly given everyone a settling effect. Real Estate Alliance agents around the country feel that the impact of stamp duty changes will really come into effect in the New Year and there is an expectation that viewers will be more active in 2008.”