At Real Estate Alliance our philosophy of professionalism and innovative marketing continues to set the standard in a highly competitive property industry. Importantly, all our members hold an IAVI or Society of Chartered Surveyors qualification. All estate agent offices are locally owned, guaranteeing you local expertise which you can trust nationally.
Monday, 25 February 2008
60% expect prices to decrease.
Approximately 60% of those surveyed expect property prices to decrease this year with 30% expecting no change. Only 40% of respondents expect interest rates to rise in 2008 while over 60% stated that they felt there was value in property in the current climate. The vast majority of those hoping to purchase a home this year will require financial support from a lending agency, however, nearly 40% of the sample had not yet addressed this matter.