How property online operates in the USA.

The UK property market is probably 2-3 years behind the US market when it comes to using the internet as a vehicle for marketing. Our partners at Nestoria have just gotten back from the Connect conference in San Francisco.
There’s a great recap of UK to US differences from Nestoria founder Ed Freyfogle here on Renthusiast.

RICS response to interest rate hold decision…

Simon Rubinsohn, RICS chief economist had this to say…
“Today’s decision by the MPC to leave base rates on hold is understandable given the ongoing concern about the inflation outlook. But the RICS still believes that the weakening economic picture, as signalled most visibly by the deterioration in both business and consumer sentiment, will justify [...]

Interest rates kept on hold…

Just as expected, the MPC have kept interest rates at 5%.