property prices: UK House Price Predictions for 2009 - 12/28/08 10:40 PM
Around about this time of year, everybody starts to make their predictions on what they expect 2009 to bring. Well they certainly do here in the UK, and I'd be surprised if it was much different in the US! When it comes to house prices, this years forecasts are of particular interest to EVERYONE.
Just like in the US, 2008 saw a pretty nasty time for UK real estate. Prices dropped dramtically, transactions decreased, and many estate agencies had to close their doors forever. In fact, 32,000 estate agents lost their jobs in 2008, nearly half of the entire estate agent … (6 comments)