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18
Nov
Some Good News?
Market research recently conducted, on buyers
sentiment showed that the current state of the economy has the
potential to be good news for estate agents.
Badger Holdings managing director Seamus Kavanagh said, "The
crisis talk on the state of the economy has been us and, with the
housing industry receiving its fair share of bad news, it has
undoubtedly caused buyers confidence to fall dramatically,
reporting after undertaking the research found a favorable promise
across the board.
The research was complied of three different categories
- With House Prices lower, first time buyers felt it was the
right time to climb aboard the property ladder.
- Another percentage wanted to buy accommodation for their
children while attending university.
- While the remaining percentage were homeowners trading up
market, and were moving to take advantage of the current market
with house prices lower, with needing to relocate for work reasons
also finding itself in this category.
Badger Holdings managing director felt that good news was
emerging after recent announcements of interest rate cuts.
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