|
|
Article: COMMENT: Multiple signs of housing slowdown.
- Article from:
- Mortgage Strategy
- Article date:
- June 9, 2008
CopyrightCOPYRIGHT 2008 Centaur Communications Limited. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
It's not just lenders, brokers and estate agents that are struggling with the credit crunch, as ancillary workers such as gardeners and electricians are up against it too, says Simon White
A friend recently said to me that the housing market must be improving because she'd noticed more 'For Sale' boards in her neighbourhood. This is a widely held misconception as the reverse is usually true.
When the market is going well, properties sell before estate agents have the chance to erect boards or they only stay up for a day or two. It's when the market is weak that they hang around long enough for you to notice them.
Feedback from estate ...