Category Archives: House Price Crash

What’s happening to the housing market in the UK 2010

Image via Wikipedia I hope you have one eye on your wallet if you’re thinking of buying a house in the UK this year – 2010. One eye on your wallet, one eye on your job prospects , one eye … Continue reading

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Should I buy?

Image via Wikipedia It’s almost 2010 and I’m in a dilemma!Should I buy a house in the coming year or should I hold back for further falls in the housing market in the UK. What’s a man to do? Related … Continue reading

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Be Patient and wait before buying a house…..

Housebuyers may have to wait a year for better market conditions, say economists David Budworth Homeowners hoping for a revival in the housing market could have to wait at least another year, economists have warned, as rising unemployment, a squeeze … Continue reading

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Green Shoots ~ not even a Glimmer!

April 10, 2009Don’t be fooled by ‘green shoots’ in housing marketThere is still some way to go before house prices stabilise and we are a very long way from a recoveryAndrew Ellson Facts, Mark Twain once observed, are stubborn things. … Continue reading

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UK housing trends ~ Down, Down, Down……

House Price Reports UK house prices continue to crash at an alarming pace Well that was short lived, no sooner had the “green shoots of recovery” appeared last month (in relation to house price growth) then the true overall trend … Continue reading

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Happy New Year ~ Not in Ireland!

Best to ignore the cheerleaders for the property sectorBy Proinsias O’Mahony Saturday January 31st, 2009 Proinsias O’Mahony doesn’t share the optimistic assertions of some in the property business about recovery in the housing market HAPPY new year? Not really. The … Continue reading

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UK Biggest hose price drop in History….

Biggest house price drop on record House prices plunged by 16.2% during 2008 in the biggest drop for a calendar year on record, Halifax said.Last year’s price plummet, which came after the average value of a property in the UK … Continue reading

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Bad in Wales

Slump is worst since 1930s – veteran estate agent Jan 1 2009 by Nick Machin, South Wales Echo THE current economic slump will be worse than the Great Depression of the 1930s, a South Wales estate agent has warned.And Saul … Continue reading

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House Crash ~ How much further to go?

Five experts predict how much further house prices will fallUK house prices are now nearly 15 per cent lower than 12 months ago, according to the Nationwide, with the price of an average house dropping by £30,000 to £158,872.But when … Continue reading

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Nick Louth predicts on housing

More house price falls to comeBy Nick Louth, exclusive to MSNNovember 13 2008The big rise in unemployment this week and the Bank of England’s admission that Britain is in recession are clear reminders that those hoping for a quick end … Continue reading

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Any mortgages out there?

Why even mortgage brokers are struggling to find mortgages for their clients… A massive two-thirds of brokers have been unable to source a mortgage for clients in the past two months, according to the Intermediary Mortgage Lenders Association. This surprising … Continue reading

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Biggest since I don’t know when…..

House price fall biggest in 17 yearsBy Christina Fincher LONDON (Reuters) – House prices fell 1.7 percent in the month of September to post their biggest annual drop since comparable records began in 1991, the Nationwide building society said on … Continue reading

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Peter Schiff ~ Eye of the Storm

In The Eye of The StormPeter SchiffSep 4, 2008 As we enter the height of the hurricane season, it may be worthwhile to recall, when considering the economy at large, the particular deception that lurks in the “eye” of the … Continue reading

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Property Price drop accelerates

Property price drop has acceleratedBy PA NewsSeptember 02 2008Government help for homebuyers follows 12 months which have seen prices tumble and loans restricted. – The average UK property has lost 10.5% of its value during the past 12 months, the … Continue reading

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The interview with Jack today……….

Straw says UK can ‘weather storm’ Justice secretary defends Labour’s “experienced pilot and co-pilot”Justice Secretary Jack Straw has said Labour is best placed to see Britain through the current economic downturn. He told BBC One’s Andrew Marr Show that economic … Continue reading

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Evidence of House Price Crash……

House prices crash by 10.5% in just one year – faster than the crash in the 1990’sThursday, August 28 2008 @ 06:32 AM UTC Latest Nationwide data shows month-on-month fall on 2% bringing the yearly fall to a staggering double … Continue reading

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House Prices ~ How low can they Go?

Think of a number……..say 10% Think again…………..say double it to 20% Think again and compare it to the latest projection of say HBOS ………say 30% That’s probably not far out over the next 2 years!

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House Price Crash ~ GOOD GOOD VERY GOOD

Everybody talks as if falling house prices are a bad thing, nay, a national disaster. Rising house prices, the logic runs, are therefore a good thing. But the reverse is true. Right now, falling house prices are exactly what we … Continue reading

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