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Showing posts from December, 2011

2012: What lays ahead for homes and property?

I’m writing this on 26th December which some might say is a bad time for predictions as the stomach is still churning and digesting yesterday’s Turkey dinner and copious mounts of alcoholic beverages. On the other hand it may focus my mind on whether the next 12 months are going to give any of us that ‘full’ feeling. The danger with property market predictions is that they are generalisations.  When the Halifax or Nationwide make their comments they are talking about the UK as a whole. When I make a prediction I’m talking about our particular little area of the country - incidentally East Cambridgeshire made it to No.4 in the ten best places to live in the UK http://bit.ly/vf0C4v (according to Simon Ward of www.lovemoney.com   using Halifax Quality of Life survey data, and who am I to doubt him!) The London market is buoyant with foreign investors buying and some reports will say that prices moved up even in the closing months of 2011.  The north of the country has over the years los