Property prices in my area (Berkshire) still seem to be optomistic at best. Sellers have reduced them, but not as much as I would have expected. I suspect they are waiting for prices to recover or are placing their houses on rent and moving on.
This isn't based on any in depth investigation but on a quick appraisal of the local market and from a brief, second-hand, conversation with an estate agent.
Obviously, prices vary across regions but is this the general consensus - the expected property crash failed to materalise, so far, and I am not sure it will either.
This isn't based on any in depth investigation but on a quick appraisal of the local market and from a brief, second-hand, conversation with an estate agent.
Obviously, prices vary across regions but is this the general consensus - the expected property crash failed to materalise, so far, and I am not sure it will either.
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