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It's Spring, where's the Bounce?
Comments
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The only one I check is Rightmove. And Property Bee if I can be @ssed. Which is less and less these days because nothing is happening. Oh yes, the odd property gets sold, and then sometimes onsold, but as a broad outlook the picture is of slowly declining stagnation.there are quite a few - check the Land Registry report from February.
About 1 or 2% a month I guess.
When people say - oh it's great round here - all I want is some proof - a link. If it's that great it might be worth moving to that particular thriving place.
I'll stick with my No Spring Bounce outlook for now thanks.0 -
The only one I check is Rightmove. And Property Bee if I can be @ssed. Which is less and less these days because nothing is happening. Oh yes, the odd property gets sold, and then sometimes onsold, but as a broad outlook the picture is of slowly declining stagnation.
you need to open your sources of information - just avoid HPC.co.uk!!About 1 or 2% a month I guess.
many more price drops but the doomers seem to miss these...
Merthyr Tydfil 6% increase.
Newcastle 1.8% increase
Islington 1.2% increase
http://www1.landregistry.gov.uk/assets/library/documents/hpireport2732009e.pdf
these were Decembers purchases really and things have been better since then.
maybe a bull trap but there will be plenty of peaks and troughs before it gets better.When people say - oh it's great round here - all I want is some proof - a link. If it's that great it might be worth moving to that particular thriving place.
I'll stick with my No Spring Bounce outlook for now thanks.
for me personally i'm doing ok - it may go pear shaped but for now it's pretty good.
i can't complain.
no spring bounce but no time to be morbid - september and october were worse than now.0 -
Blimey, savaged by LIR.
The content is always irrelevant, no one changes their opinion on here or learns anything. To be fair we're all guessing - no one knows for sure. But I'm bored with the jokes, banter and games, so back to where I started with some bear stuff.
I may start over with a new ID so the stupid thanks thing doesn't keep getting in the way of saying what I really think.
mewbie...not savaged, just a little lovebite
I have changed my opinion on some 'stuff' from this board, and I have learned 'stuff' and indeed, been educated, or been provided links to education. I'm grateful to the board and its contributers for their parts in my personal developement And to those who make me laugh too. 0 -
I'm speechless. Never in my wildest dreams has someone mentioned Merthyr effing Tydfil in a reply. I'm not buying it, even if it seems a few still are.Merthyr Tydfil 6% increase.
I have no beef with you Chucky, whatever your particular situation. My aim is to find out what is happening, and I'd rather say "black is white" and have someone disprove me, than have to ask "is black white".
I believe there is a lack of bounciness in evidence. Except for Merthyr Tydfil.0 -
I'm speechless. Never in my wildest dreams has someone mentioned Merthyr effing Tydfil in a reply. I'm not buying it, even if it seems a few still are.
I have no beef with you Chucky, whatever your particular situation. My aim is to find out what is happening, and I'd rather say "black is white" and have someone disprove me, than have to ask "is black white".
I believe there is a lack of bounciness in evidence. Except for Merthyr Tydfil.
of course you have no beef with me - me neither with you.
there are a few others with increases too - but can't be bothered to post them.
the thing is the argument against the prices increases is it's a low volume and it's a bull trap, it's only one month etc... this discussion about house prices is always backwards/ forwards and to an extent there is an argument to both sides.
it's like when people say don't buy now and wait six months, this doesn't apply to everyone - why not buy now and factor in price drops for the six months - otherwise you may be paying 6% more at least in some areas as I have shown you above.
i just don't buy the comments about not buying now - it's far too general to apply to everyone.
there are areas that people will miss opportunities in if they take notice of some of us nutters on this board..0 -
Meanwhile, the Bank of England has reported a bigger than expected increase in mortgage approvals for house purchases in February to 37,937. Approvals were 31,791 in January and hit a record low of 27,330 last November.
'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
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The big question is whether house prices are increasing or dropping.
More sales is good in my opinion, more people can move on to suit their needs. I think there will be an extra 19% of drops though (through the 19% more mortgage approvals)
the data over the next 6 months or more will tell......0
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