Property Prices & the Market
First of all, I would like to say that other than the odd bottle of wine or meal, I have no financial interest whatsoever, in any property or estate agency business. That said, just speaking around, there does seem to be a general feeling that the market has stabilised and confidence is again returning. I can't put my finger on anything in particular but it does seem to me that sentiment is improving. Transactions here (Sardinia) are certainly off the bottom and properties appear to be selling a little more quickly compared to the previous two years. I've been quite negative on the market for a number of years (you can check back on some of my old posts) but I wonder if the bottom has now been reached and the next move is upwards. I'd be interested in others thoughts. CB.