Credit Crunch and House Prices

Christmas is not far away now. But the ongoing credit crunch is making life of plenty of hard working British people a misery.
It would be ok if they were not remind by every newspaper and every news channel on land how many jobs are going to go and how many companies are facing close [...]

Commercial Property Prices May Fall a Further 25%

Thanks to by a sharp drop in rents, the commercial property market will see at least a 16% decline in capital values in 2009 and a further drop of up to 10% in 2010.
This has been claimed by RICS in its commercial property forecast published today.
Quote from the report says:
Rising defaults and [...]

How to Prevent the Decline of the Value of Your House

With the current condition of the real estate market today, many are concerned about the value of their homes. Although they would want to keep their house for a long time, there are unavoidable circumstances that will lead the homeowner to sell his house.
When the time comes to sell your house, you want to profit [...]

Is UK Plc Heading for Deflation?

Deflation generally refers to a persistent decrease in the general price levels. Some economists refer this to a decrease in the money supply and credit.
After seeing surging petrol prices and spiralling energy & food costs, many struggling home owners are welcoming a chance of a decrease in these prices. After all Christmas is around [...]

Estate Agents’ Advice – Raise Your Price to Sell Fast

A newspaper reports that some sellers are being advised that defies the common logic, according to a blog post on Sell Your Property Fast.
Some property sellers are starting to raise their asking prices because buyers are demanding for deeper discounts. By asking high prices and accepting the percentage of discounts being asked for, both buyer [...]

Big House Builders Are Slashing House Prices

We have just learnt that even big builders are feeling enormous squeeze from credit crunch. They are finding it difficult to shift some of their properties in this current market.
Barratt Developments are offering mouth watering discounts of up to 43% to serious investors. If you are in a position to buy 5 apartments or more [...]

Biggest House Price Fall Since Records Began

Latest round of house price falls is the biggest drop since records began. Nationwide reports that the prices fell 1.7% in September. This means that the prices are 12.4% lower now than they were in August last year.
Earlier record of biggest annual house price fall was 10.7% in early 1990s. Which means that the [...]

Worst is yet to Come for UK House Prices!

If activity in auction houses is an indication then house prices may have still further to fall. On top of that, mortgage lenders will have to be much more realistic about how much they can expect of the repossessed properties.
With auction houses unable to sell most of the repossessed properties at the prices required [...]

Global Financial Meltdown: What Does Financial Crisis Mean to House Prices?

Over the last week, things have gone from bad to worse in financial markets around the world.  The crisis has by no means reached its climax yet, according to some experts. There is still some way to go.
If these pundits are even mildly correct then this crisis could potentially disrupt the very foundations of the [...]

Falling House Prices are Showing No Slowing Down

The housing market is on its knees and will remain so until financial institutions address the disastrous state of the mortgage funding markets. And this is unlikely to change any time soon.
You need extremely brave or stupid to be buying in this market, many experts reckon. Some people say that the house prices could fall [...]