Buyers Returning to the UK Market
You’ve seen the latest statistics and heard the buzz. The worst may well be over for the beleaguered U.S. housing market, commencing in markets like Sarasota-Bradenton. We were among the first markets to feel the sting of the nationwide real estate correction; and now appear to be among the first to enjoy the thaw. That’s certainly good news for us; but its even better news for our good friends and allies in Europe and the UK, whose housing and general economic recovery is thought to be tightly tied to recovery in the U.S.
Our good friend and colleague, Nick Churton, managing principal of Mayfair International Realty London sees an apt metaphor in the swallows returning to the U.K. after an unusually harsh winter. First one, then many, the returning swallows remind him of buyers who are likewise returning to the U.K. housing market after the long, cold winter of their real estate correction.
Read Nick’s blog posting, in its entirety, at the following link. Can A Swallow Make A Summer?
