Posts Tagged predicted
While many are willing to paint a bleak picture for the current market for home sales, a study by the BSA (Building Societies Association) has revealed that 2011 could be the best time to buy your new home.
Real estate agents have received a lot of properties ready to sell their windows; the main problem was for potential buyers to ensure affordable mortgages to lenders with first time buyers are unable to set foot on the first rung of the scale property.
This, coupled with continued concerns about layoffs in the labor market appears to have deterred consumers navigate the excess homes for sale. However, despite reports suggesting that most buyers have lost interest in making a purchase, the BSA study showed that 59% of over 2,000 respondents in a follow-up survey of the property, to immediately purchase or at least the next year, if sufficient funds are allocated.
Phuket, Thailand: Thailand property developer, Seacon Development, are predicting that property sales in Phuket will increase by twenty five percent in 2011.
The developers of Seacon Square on Srinakarin Road in Bangkok may have a point, as foreign investment in Phuket property has continued to rise, year on year, since 2008.
In 2010, foreign investment in Phuket property totalled four billion baht (US$ 131 million). This represents an increase of twenty five percent since 2008.