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Archive for the 'Housing' Category

UK Mortgage Approvals Record Low in July!

Mortgage lenders approvals slumped to a record low in July as the "Credit Crunch" bit harder than ever. Mortgage approvals sank to 33,000, the lowest reading since the series began in April 1993, from a downwardly revised 35,000 in June.Yet net consumer lending came in stronger than expected, with over 4.3 billion in July from ...

posted by Zane in Buying,Home,Housing,Lending,Mortgage,Property and have No Comments

US Home Sales up-turn by 3.1% in July

US Home Sales up-turn by 3.1% in July According to the American private National Association of Realtors, home sales increased by 3.1% in July. More Americans waded into the housing market last month, lured by falling prices that helped send sales to their highest level this year.At least a third of properties bought in July ...

posted by Zane in Buying,Home,Housing,Property and have No Comments

Up to 8 years Time Before the Housing Market Reverses!

Housing Market Reverses

According to experts it will be up to 8 years before the housing market reverses! Though it isn't all doom and gloom as other regions will bounce back within 4 to 5 years.Estate agents were already shocked by the news of web site Rightmove loosing a large share market this week. Savills said "House prices ...

posted by Zane in Buying,Guide,Home,Housing,Property,Renting and have Comments (2)