Property News > Housing Crash?

Housing Crash?

This week the financial news has been dominated by talk of a US housing price crash and the difficulty that poses to Americans who have taken out equity against the price of their homes. Not a problem in a market that is rising, but a very different story when property prices are tumbling.But what does that have to do with the UK economy, which most financial forecasters see as buoyant? Perhaps the most obvious impact is that when American consumers don't have as much money in their pockets the rest of the world starts to sit up and take notice. Whether the housing crash will spread to the UK is hotly contested by those in the know, but it is an undeniable fact that property prices in some areas of the country are seeing a definite slow-down.What many people forget is that the price in the estate agent's window is seldom the price that was finally achieved for the property, and in some cases the figures are not even close. It's easy to look down a street of houses and set a price for your own house based on what your neighbour is asking, but if your property doesn't sell you'll be facing a dilemma.Property Rescue offers a guaranteed sale of your property within a short space of time….sometimes just days. The price that is offered will be a below what you were asking, but against that fact are the benefits of moving quickly, having a guaranteed sale, and knowing exactly what you will get for your house instead of entering into a stressful series of negotiations. And in an uncertain market place, that's worth a great deal!This week the financial news has been dominated by talk of a US housing price crash and the difficulty that poses to Americans who have taken out equity against the price of their homes. Not a problem in a market that is rising, but a very different story when property prices are tumbling.But what does that have to do with the UK economy, which most financial forecasters see as buoyant? Perhaps the most obvious impact is that when American consumers don't have as much money in their pockets the rest of the world starts to sit up and take notice. Whether the housing crash will spread to the UK is hotly contested by those in the know, but it is an undeniable fact that property prices in some areas of the country are seeing a definite slow-down.What many people forget is that the price in the estate agent's window is seldom the price that was finally achieved for the property, and in some cases the figures are not even close. It's easy to look down a street of houses and set a price for your own house based on what your neighbour is asking, but if your property doesn't sell you'll be facing a dilemma.Property Rescue offers a guaranteed sale of your property within a short space of time….sometimes just days. The price that is offered will be a below what you were asking, but against that fact are the benefits of moving quickly, having a guaranteed sale, and knowing exactly what you will get for your house instead of entering into a stressful series of negotiations. And in an uncertain market place, that's worth a great deal!

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