Dec 31 2007
New Home Buyers Like Gold Dust
International Property News and Articles from Propertyshowrooms.com wrote an interesting post today on
Here’s a quick excerpt
The latest statistics from the UK indicate that first-time home buyers are at their lowest point in 27 years. According to Halifax, the nation’s largest mortgage lender, there were only about 300,000 first time home buyers in 2007 in the UK, some 15,000 less than in 2006. That’s the lowest number of first-time home buyers since 1980. The average price that these first time buyers paid for their homes went up by 15% from the previous year, to £175,093.
Read the rest of this great post here
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