Our search starts again
Sunday, March 8, 2009 by Angeleyes
Since the economy is getting worst each day, we are seeing our 'dream house' coming closer to us. The prices of properties has fallen quite considerably in the last few months. In fact we speculated that some house prices may fall even lower.
The cost of building these houses are not dropping but the buying power is weak hence the selling price is suffering. If I'm not wrong, the material handling and labor cost has not dropped too so developers are suffering from loses due to such circumstances.
Anyway, it is good news for us since we are hunting for a property now. We hope the property prices will drop further so we can start our search again...
The cost of building these houses are not dropping but the buying power is weak hence the selling price is suffering. If I'm not wrong, the material handling and labor cost has not dropped too so developers are suffering from loses due to such circumstances.
Anyway, it is good news for us since we are hunting for a property now. We hope the property prices will drop further so we can start our search again...
