House prices & consumer confidence are on the up!
Brett Alegre-WoodChairman, YPC Group
Hey Guys,
Welcome to this weeks property news - apologies for missing last week but it's been busy times for us as I'll tell you in the video...
First up, the government says bank mergers are the answer but will the resulting drop in competition be devastating for investors? I'll give you my opinion and tell you why 'the fringes' of the mortgage market may now be the answer.
Next we'll take a look at two important indicators of recovery - consumer spending is on the mend so confidence is returning to the market. House prices are also telling the same story as we hit our fourth month running of increased property prices.
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You'll see proof that house prices have 'bottomed out' and we'll take a look at the supply and demand pressures which mean we should see the lower end of the market improving in the near future.
Finally: Salesmanship vs. Good Solid Fundamentals. How knowing the difference can save you from making a shoddy investment!
Enjoy!
Live with Passion,
Brett Alegre-Wood
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