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Nesgroup address: misc.invest.real-estate - Date & Time for the message: 23 Aug 2005 00:05:24 -0700
/ Author of the message: "Axqi" |
Title of the message: |
Times: Are we set for a recovery in house prices?
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Text of the message: |
The Times (London) August 21, 2005 Are we set for a recovery in house prices? Property sales are up and there is even talk of price rises - yet not everyone is convinced, writes Kathryn Cooper THE housing market has reached a crossroads, with some commentators detecting tentative signs of a recovery while others predict further gloom. The Royal Institution of Chartered Surveyors (Rics) said last week that homebuyers returned to the market in July, buoyed by expectations of an interest-rate cut in August. Property sales have increased by 10% since their low in February and asking prices, while still falling, are declining at their slowest pace in five months, surveyors said. Some are even predicting price rises in London and the northwest over the next three months. However, homebuyers banking on further interest-rate reductions, following the Bank of England's quarter-point cut earlier this month, |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.