Tuesday, 8 April 2008

House Prices DOWN

House prices are falling fast. In fact, the latest house prices shows that house prices have fallen by 2.5 percent. It is one of the fastest falling since the 1990s. The credit crunch certainly did not help . This is the perfect time where it is a buyer's market now. What is most important is that now is the time where by lenders have the power to provide money for people who wants to buy houses.


Now is the time where by those people who has money to buy will have the upper hand. Prime Minister Gordan Brown said that house prices have increased over 180 percent for the past ten years. Now, with the decrease of house prices does not signifies that there is a slump in the economy. What goes up will come down eventually. What is important is what my dear uncle always say... Always stick to the safest thing to do. Never take risk. It is about market correction.

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