House prices are a funny thing. When us landlords along with the rest of the country are confident, then there is only one way and thats up. When that confidence goes - it can look a long way down!
Landlord insurance brokers - expert advice - leading rates
Just as politicians know as Bill Clinton once put it "its the economy stupid" so economists know when it comes to house prices that its "confidence stupid".
So with the latest RICS survey reporting that more buyers are registering their interest then this shows that the first piece of the jigsaw is in place for a recovery.
Lets not get carried away and beware as Margo has warned of the Summer bounce.
However, it looks more likely now that Hawkeye's predictions of a 25% fall in prices and a 2012 Olympic inspired recovery is looking more rather than less likely.
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