"There are just over 900,000 homes for sale at present. New stock is being added at the rate of 4,500 a day," says Henry Pryor of Housingexpert.net. "June's and July's sales were up by roughly 10,000 a month on 2009 but were still half what they were in 2006 and 2007." He says the imbalance of stock on sale over the number of buyers registered with estate agents means there is only an 8 per cent chance of a vendor successfully selling their property in the next month.
Graham Norwood talks to Henry Pryor, and looks forward to a difficult autumn in the Independent.
Technorati Tags: property, real estate
It's getting crazy now being honest. Still,most people prefer a traditional property if their budget can reach it rather than a new build. Niching can work if you're in the right area.It can be far more profitable as well.
http://www.estateagentsaberdeen.com
Posted by Estate agents in Aberdeen at August 30, 2010 10:08 PM
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