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We all know that 2008 was a bad year for the property market. With no apparent end to the fall in house prices, management at pickupaproperty.com noticed with surprise and interest that January 2009 subscriptions to the website increased by a massive 260% compared to December 2008.

pickupaproperty.com is a niche website dedicated to property renovation, and is a useful resource to both buyers and sellers. Recommended by Sarah Beeny, Channel 4, The Independent, The Times and The Daily Telegraph, the Buyer side of the site sends daily email alerts of properties needing renovation across the UK, to its subscribers. It's a time-saving website that has created a loyal band of followers since its creation in 2004.

Simon Price, Chairman, said: "for all those who have written off the UK property market as a dead man walking, this is a salutary signal that 2009 may yet surprise us all. There is still a shortage of housing in the UK; first-time buyers have been backing up for the whole of last year waiting for their chance to get on the ladder. Canny investors have money to spend and redundancy packages to invest, and although this remarkable statistic is as yet an expression of intent it may translate into an increase of firm sales over the coming months. Bargain hunters and property developers are out in force again, no doubt mindful that the bottom of the market is hard to predict. Watch this space!"

-Ends-

Media contact:

Ed Sykes, Marketing Director T: 020 7733 2433 – M: 07979 644975
ewsykes@pickupaproperty.co.uk

Research:
Subscriptions to pickupaproperty.com 1st-31st December 2008: 293
Subscriptions to pickupaproperty.com 1st-31st January 2009: 765

About pickupaproperty.com:

pickupaproperty was founded by renovators for renovators, and has been
running since 2004. It is the UK's only online service providing email
alerts of properties to renovate, combined with a private sales facility.
pickupaproperty is completely independent of all estate agents, and we don't
earn commission from sales.

This press release was distributed by ResponseSource Press Release Wire on behalf of pickupaproperty in the following categories: Home & Garden, Construction & Property, for more information visit https://pressreleasewire.responsesource.com/about.