Home Reports boosting the housing market?
The Royal Institution of Chartered Surveyors thinks that the newly introduced home reports (seller’s surveys) are tempting house buyers back into the market, the BBC reported on 31 May 2009.
Regular readers will recall that precisely the opposite effect was predicted by the Scottish Law Agents Society in the dark recessionary days when the system was introduced in December 2008, the Society’s concern being that sellers wouldn’t want to put their houses on the market.
Are willing buyers meeting willing sellers out there?