Quality Rural Homes Are Holding Prices

The JournalMay 24, 2008

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Summary


QUALITY rural properties, particularly in the most desirable Tyne Valley villages, are holding their values despite the credit crunch, according to rural agents.

With a shortage of "chocolate box" properties in desirable village locations and a good supply of buyers with decent deposits searching for a better quality of life, the country house market in the North East appears to have weathered the storm.

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Extract


Quality Rural Homes Are Holding Prices

Neil Foster, of Foster Maddison, which has estate agency offices in Newcastle, Hexham and Lanchester, said: "Country properties over pounds 500,000 are attracting interest with b...

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