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Primary Research Interview
Member rating: No Rating | Words: | Submitted: Wed Jul 16 2008
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Primary Research - Interview I visited my local 'Lanes Property Agents' branch and I spoke to a gentleman named Lee Saunders who is a sales negotiator. I asked him a few questions and he answered them willingly; these questions included: 1. What would you say was the recent problem in regard to the housing market? Lee explained that in the housing market there is a cycle of buyers and sellers that each rely on each other in order for the next stage to be successful. He emphasised the importance of the first time buyer in the cycle, as without them; subsequent buying and selling will reduce - and at an extreme cease to exist. He went on to add that in the last 4 to 5 months, mortgage lenders have tightened the criteria for giving out mortgages so it has made it tougher for first time buyers to 'get their foot on to...
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