Greycoat Real Estate has received news that may be of interest to potential home buyers and sellers. This news concerns the present state of home prices in the city of London. It is based on a new set of data that has been received and parsed by qualified experts.
The report amounts to the fact that prices of homes in the city are still falling. In fact, as Greycoat Real Estate and many of its peers have related, this is an ongoing trend. Most experts in the industry seem to maintain that this wholesale slashing of home prices will continue throughout the coming year. Whether it will plateau at some point in the near future remains to be seen.
At present, the successful and reliable Greycoat real estate agency specialists share, the news for pricing looks to be set in stone. As can easily be grasped, this is a bit of an equivocal situation (CoStar).
Greycoat Real Estate hastens to add that it can be received differently depending on which side of the process you find yourself on. For example, if you are a home buyer, news of falling prices can and should be received with alacrity. The situation for sellers is different.
Furthermore, Greycoat Real Estate agency will continue to monitor the situation. All new developments will be made known to the public as they arise. At present, the news of falling prices and drops in mortgage rates is not one that should be received with panic. Many mitigating effects may soon make themselves known. The trend is one that will call for continuing study by experts.