Have Flat Prices Hit Bottom?
Posted by Editor on July 20, 2010 · Leave a Comment
Last year it appeared that the price of flats in Manchester had finally hit bottom. If one was to have done a search on flat auction manchester, they would have discovered that most of the flats were selling at around sixty percent below their highest value from 2007. Over speculation by investors led to an oversaturated market and now banks and lenders are willing to sell off these properties as soon as possible and are not concerned if they take a loss. Now may be the best time to take advantage of low prices and availability. Check out an auction close to you.
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