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Article: TERROR IN AMERICA: Housing - Buyers stay at home but estate agents optimistic
- Article from:
- The Independent (London, England)
- Article date:
- September 19, 2001
- Author:
CopyrightCopyright 2001 The Independent - London. Provided by ProQuest LLC. (Hide copyright information)
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THE HOUSING market is feeling the first fallout from last week's
US terrorist outrage, according to a survey of estate agents
yesterday. A poll of leading agents by The Independent revealed a
large number of buyers had withdrawn offers while the number of
inquiries had fallen. But not all estate agents told the same story.
Some reported no sign of a marked slowdown in the UK's booming
housing market and said yesterday's cut in mortgage rates could boost
demand.
Chris Brown, the chairman of the National Association of Estate
Agents for Nottingham and Derby, said: "People got the heeby jeebies
so the amount of footfall and telephone inquiries were down last
week."
Peter Wetherell, the NAEA's ...