House prices up/down??

Whats everyone views on the house prices now...with the bank of england maintaing its base rate at 5.5%...and still the credit crunch looming?

do u think prices will go up/down in particular areas?? are we headed for a crash..or prices going back to stability ?

House prices up/down??emergency loan

EVERONE CAN JUST SHUT THE ***** UPPPP

DEPENDIN ON AREA

LONDON, E1-E2-E3-EC1-EC2-EC3 WILL STAY ABOUTT EH SAME

EVERYWHERE ELSE SLIGHTLY DOWN PROB 10% AT THE MOST UNTILL 2009/2010 THEY WILL GOW DOWN ABIT MORE

BUT NOT IN THE MENTION LONDON AREA.

House prices up/down??

loan

25% drop by the end of 2008.|||I would love there to be a 25% drop however I don%26#039;t think it will be this much. Assuming there isn%26#039;t a crash I think they%26#039;ll come down by about 15%|||I think that prices will probably stabilise and not crash.

There are too many people around who got burnt in the last crash at the end of the 80%26#039;s and early 90%26#039;s, I was one of them. Those people will just not sell their house for a loss.

As well as that there is still a housing shortage so that will help keep prices up.

So in summary I think they%26#039;ll stay at about the level they are now.|||Prices won%26#039;t drop by very much maybe 5-10% over the next year. The situation is very different to when there was the property crash in the early 90%26#039;s....

Interest rates are a lot lower now

Unemployment is a lot lower now

Inflation is a lot lower now

Don%26#039;t panic.. the hype is being created by the press desperate for stories|||Where do you live, in a cave?