- New homes market ‘on the up’. We recently reported the huge number of new homes laying empty, SmartNewHomes.com paint a different picture and say that last month saw the second successive rise in the price of new homes. The south-east being the best performing region with a price rise of 1.9%. Read more at HotProperty.
- Sellers ‘knocking millions off asking price’. The owner of a rather lovely 3-bed mansion flat in W2 has, like so many sellers in the current market, had to revise his asking price. But last year I doubt he ever thought he’d have to reduce it by so much. Put on the market in October at £2,995,000, the price has now been reduced by just under one million pounds to the current asking price £1,999,995. Ouch. Read more at ThisIsMoney.
- How bad is it at Bradford & Bingley? A simple Q&A that explains what’s going on, what small shareholders should do and whether or not it’s the next Northern Rock. Read more at The Guardian.
- Is Twitter any use to estate agents? Jay Thompson hasn’t closed a Twitter deal yet, but he’s certainly on the right path. Read more at PhoenixRealEstateGuy.
- Wal-Mart moves into classifieds. Wal-Mart is beta testing a new classifieds service powered by Oodle. Real estate listings will play a major part and put further pressure on ailing US regional press advertising. Read more at PaidContent.
- Geek Sushi (via Toxel.com)…
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