Reply To: Spanish Real Estate Bubble bursts

#71366

Anonymous
Participant

“Pablo Silver or Lead?”

If their are 5 buyers chasing every property how come most towns/cities in the UK have several thousand properties for sale many which have been on the market for over 4 months?

4 months is pretty good I’d say(especially when there is a “chain” of buyers,) as until a “completion” is reached, a property appears to remain “on the market..subject to contract”.
It depends on so many things…and the competency of the lawyers involved.

I cannot comment on other towns/cities in the UK , only the region of the UK where I live.