Wednesday 6 February 2008

A Real Insight into a Buyer's Market

Real Estate Alliance today revealed the findings of the Real Estate Alliance Buyer’s Survey, which uncovers the opinions of those who are already active or expect to be active in the property market in 2008. The survey gave an insight into the types of buyers active in the market place with 35% of those surveyed looking to trade up, making this group the most active in the market place at the moment. 30% were first-time buyers and 28% were investors with the remainder looking to downsize. 45% of those surveyed did not have a preference over a new or secondhand home. More than half the first-time buyers surveyed plan to buy alone while 65% of investors intend to purchase with a partner or spouse