Nottingham, England (PRWEB) August 8, 2008
The time to invest has never been more perfect for real estate developers. Amidst the hype of the credit crunch, it appears history is about to repeat itself. But in a good way.
There have only been three occasions this century when the countries housing market has faced such a decline: 1955, 1981 and 1992. And each time the UK has recovered better than ever.
Matthew Lauchlan, Director of Property Mentor believes it's just a matter of time before the market turns again.
But unlike those who came before them, potential investors can now utilise the credit crunch to their own advantage, and become a part of a new generation of property millionaires.
All they need is the know how to make it happen.
Experience overnight property success with the help of the credit crunch
Currently property investment company, Property Mentor are offering amateur real estate developers the chance to receive honest professional advice on how to deal with the current credit crunch and find financial freedom in their up and coming free 2 hour learning forum.
Some of the topics that will be covered are:
- How to structure properties deals for long term success and buy properties at 40% below their asking price value
- How to avoid the same mistakes made by estate agents
- How to earn £500-£1,000 per month within just 30 days
The truth behind the current housing market
The facts and figures show that the housing market is on the brink of a change:
1. Recent trading statements from the UK's seven largest building companies, suggest that the decline seen in sales in recent months has begun to level off. And with this kind of levelling, there is only one way the market can now go and that is up.
2. Every year the UK needs 400,000 new homes building to keep up with the housing needs of the countries expanding population. Yet the Government have predicted that this years figure will be below100,000. A quarter of the required amount.
3. Productivity has dramatically dropped in the last decade. From fulfilling 85% of the yearly housing requirements, now only 50% is produced - a 35% drop.
Unless something changes the UK will soon be heading towards a housing shortage…this means higher prices.
4. In recent months, there have been some improvements in the types of mortgages offered to buyers. The Council of Mortgage Lenders for example has subtitled their annual conference in December as 'After the Storm', suggesting the market in the midst of a change.
5. The last time housing completions dipped this low was in 1981. And the same can be seen in countries falling house prices. Currently they are dropping at the same dramatic rate last witnessed in the early 1990's - where they dropped by a third.
And now it's time to see them rise again.