After the sunshine comes the rain

Indeed in the mortgage market there seems to have been a concerted effort to push a glass half-full viewpoint in the last few weeks. The Nationwide Price Index showing a monthly house price increase rather than another fall garnered a number of headlines although it was tempered slightly by every man, woman and dog urging caution and suggesting this was a momentary blip. We shall wait and see. The rest of the positivity appears to be purely anecdotal with estate agents saying they have seen increased footfall in the first quarter of 2009, with first-time buyers notably having inched back...