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  #1 (permalink)  
Old 07-30-2008, 01:27 PM
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Join Date: Jul 2008
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Default I need your opinions.
Hello everyone. Recently it is said that the real estate business has come down drastically. Do you think it is true?
I do find some changes. But not that drastic.
What is your opinion?
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Old 07-30-2008, 10:24 PM
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Join Date: May 2008
Posts: 352
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Quote:
Originally Posted by helenforu View Post
Hello everyone. Recently it is said that the real estate business has come down drastically. Do you think it is true?
I do find some changes. But not that drastic.
What is your opinion?
Can we assume you are referring to the 'real estate' business in the UK only? Or some other country, such as the US of A, where 'real estate' is a term in more common use...?

What changes do you find?
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Old 07-31-2008, 12:25 PM
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Posts: 31
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Hi Guys,

In wales, there is certainly a slow on first time buyers. People want to buy... but can't due to them being unable to secure a mortgage. Higher end properties are selling but again slow. I am selling half the properties I was last year.

Hope that helps

Rebecca
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Becky

www.fruitmortgages.com
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Old 08-07-2008, 01:32 AM
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It definitely has slowed. I'm in a property related industry and business is slow right now, usually it is our busiest time of the year.
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Old 09-27-2008, 11:53 AM
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Join Date: Sep 2008
Location: Mpumalanga, South Africa
Posts: 16
Default House sales slowed
House sales in South Africa have definitely slowed, due in part to the new National Credit Act brought in recently. People are now finding it a lot more difficult to get mortgages approved and a lot more sales are falling through in the opening stages
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Old 02-05-2009, 08:53 PM
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things are going to get much worse in the UK...
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Old 05-05-2009, 03:36 PM
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Join Date: May 2009
Location: Pretoria
Posts: 16
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The market is definitely down, i'd like to know where you operate where there is no change... it will change!
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