These figures are released at more or less the same time as the RICS (Royal Institute of Chartered Surveyors) stated that house sales were at their lowest levels between December and February this year, that’s a new 31 year low.

“Around two-thirds of the homes will be built by housing associations, as private builders suspend developments until the market picks up”, NHF states.

This further cements the worsening Property Market in the UK and a very bleak outlook for 2009 and beyond. With self builders, house building companies and first time buyers all out of the picture it points towards increased property price falls. First time buyers are finding it near an impossibility purchasing as Bank’s lendings have become more difficult to obtain.

The average property price figures due soon also will no doubt show a downturn as the recession starts to take grip.

The networking world has arrived on the internet, especially with names such as Facebook and Twitter gaining immense pace and content. These kind of websites are generally all free to register with and market yourself and your property. You can set up dedicated pages with videos or photos to aid in marketing you property or indeed properties. You can network with like minded sellers and may even find buyers that are suited to your property.

There are also many hundred ‘Free to Use’ property marketing websites, especially ones now frequently appearing stating worldwide property free marketing. These are ideal to increase you exposure. I do advice though to search deeper into this section and expand your marketing procedures to include videos with the availability of free video uploading websites such as YouTube and OneStopView.

No one likes spamming on the internet, but you could also research groups/forums that may be real estate themed concentrating on your location. These places can also be ideal to let everyone know about your property.

Don’t forget auction websites such as Ebay, where a cheap listing can get you immense interest in your property. What about a dedicated website or webpage for your property, there are many ways to have a dedicated page such as MySpace.

It’s really a case of blitzing your property all over the internet, but trying to be very particular and avoid spamming as people will turn their noses up or suspect that there maybe problems.

A good idea is to start with the outside of the house, try a 360° pan round which will give a good idea of it’s setting, include any garden and if you have sea views etc make sure you include them as they will highlight a good selling point.When you film the internal of your property, try and include all the main rooms. Film each room slowly, avoid rushing and try to avoid animals or other people in your films.

Your finished video should ideally be around 2-3 minutes long. Once ready your video can be uploaded to OneStopView.com where it  will be viewable as a 24/7 open house using the most advanced form of marketing, making your property stand out from the rest. You will know that when someone comes to view your property after viewing it online that they are a serious buyer or certain to enjoy their holiday rental stay.

This figure is due to the worldwide economic situation which is steady worsening along with the tightening up of bank lending. We are seeing an increase in property for sale and a firm decrease in available purchasers with first time buyers all but come to a grinding halt. We are seeing a steady fall in houseprices nationally with places in Ireland now being a third less than they were a year ago.

Varied websites monitor this downturn curve including HousePriceCrash and PropertySnake. When will the right time to be to buy again?

Chinese property market, online sales, video property tours.