Euro mortgages offer investors in Europe a chance to profit from the Euro's likely fall. http://is.gd/8SU5j
The economy grew 3 times faster than originally declared in Q4 2009, no surprise there and more to come - things are better than stated.
Nationwide house prices down 1% in January whilst Land Registry up 2.1% in Feb -looks like growth beginning to steady rather than accelerate
The rental growth for this year that we predicted has started. Rents up 1.2% across UK in Jan but 5.5% in NE/ 2.3% in NW http://is.gd/9kXXJ
The 1 thing that stands between ths country & the brutal...judgement of international investors is...change of government
Sterling suffers for last few days but surely multiple country indecision in Europe worse than even a hung Parliament in UK.
We are hearing from main agents that central Leeds apartments to rent are running out, the same as Manchester
It is quite common to hear property buyers and investors say they are waiting until house prices start rising before they buy. Whilst this sounds logical it is worth understanding the an important difference between house price indices and the prices that investors by for in distressed sales. There is a big difference. Firstly, it is true that house prices in many cities across the USA will probably fall further in 2010, with the worst 25 cities predicted to fall a further 10-13% and the best 25 cities to experience growth of between 2-10%. Most expect an average countrywide fall of a further 5-8% due to the great uncertainty and continued high level of foreclosures at present.
We have certainly seen similar data to Primelocation with desirable countries like France experiencing great demand from 'normal' buyers.
Looks like stamp duty holiday had more effect than we thought with fall in lending in January bigger than normal. http://is.gd/8OFUD
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