What we are seeing today is unpresidented falls in house prices as we suddenly all realise that prices we were paying for far too over inflated and suddenly we are starring into the barrels of a despression/recession. So you house, that was once a prized asset, now becomes a doom of debt that you just can’t get rid of, and every day that goes by the value falls and your debt increases. So, how do you beat the present climate and how do you get your property to stand out from others and get a positive result in it’s marketing?

Advertise your property online with a video tour, OneStopView.com allows you to upload a video of your property and market it for free to a worldwide audience. You need to get your property set at a selling price for todays climate, do not try and get back money that you lost simply by increasing your property’s value – it will not work.

Marketing your property online with a video tour will mean that you home is available online as a 24/7 open house, meaning that people can view your property as if they were actually there at anytime of the day from any place on the planet. This will gaurentee you serious enquiries and most certainly make your property more findable and more appealing that others using simply photos and descriptions alone.

Figures realised from Nationwide say that figures how that house prices in th UK have fallen by 14.6% in the past year. The figures also show house prices are down by 1.4% this month, setting once again, a new all-time low for the Nationwide house price index.

The UK average property price now stands at £158,872, that is almost £30,000 less than a year ago! All this points towards all the hype about a UK economy that is heading into recession.

Nationwide’s chief economist Fionnuala Earley stated in a report that these figures should that the UK was heading into recession, which would put further pressure on prices to fall. Fionnuala stated “As the economy weakens further there is likely to be more movement on asking prices as sellers adjust to the prevailing conditions and reassess their own needs. While there will always be a rump of sellers who will need to move in order to accommodate job or family changes there will be others who are affected by economic conditions more acutely. So we should expect a moderation of price expectations on the part of sellers in a weaker economic environment.”

Annual house price growth was running at 9% last September before the credit crunch struck.

It’s been spend, spend, spend for some folk as their house prices rose up on the back of nothing and as we see house prices now come down from cloud 999, the money has dried up, the credit cards have been stopped, the banks have closed their lending doors and the borrowing rates have remained high….. so what are we starting to see an increase of – BANKRUPTCY!

It has come out in a recent report that it is averaging a bankruptcy every 5 minutes in the UK with 104 properties being repossessed every day along with the average household debt being around £9,000+ (Excluding Mortgages). A very sorry state.

Alarm bells must be ringing for both these people with these averages along with the banks that threw money at them. If the value of homes are going down then where can the banks expect to retrieve their money from??? Surely the givernment will not bail these people out that were spending with no thought, would make more sense to reward those that were careful….. but we all know what this Labour government in power are like and usually it works out for the worst.