N Ireland house prices down 18.6%!

motorguy

Cee wrote: »

Last year before we decided to remortgage we went to look at a house which was on the market for roughly £175,000 it wanted a new kitchen, possibly extended to take out some of the living room to make it larger and one of the bedroom ceiling was bowing with an extremely awful damp patch.

By the time we'd got round the place someone had put in a bid for £200k I rang back being a bit nosey to ask what the current ask was and it was £250k but they weren't asking for anyone else to view.

I noticed the place is back on the market now the only thing done to it was the cutting of the front edge, the original furniture is still sitting at the window.

Thats a huge loss as I can't see anyone wanting to buy it for the same original asking price and still have to spend that kind of money to bring it up to scratch. I'd have loved to live there too but can't afford it now

If the original furniture is still in the house, is it not more likely that the sale fell through?

Cee

Dunno tbh, it was an old lady who took ill who lived there, the sold sign stayed up forever before it was taken down, we pass the place regularly so thats how i know lol

motorguy

Cee wrote: »

Dunno tbh, it was an old lady who took ill who lived there, the sold sign stayed up forever before it was taken down, we pass the place regularly so thats how i know lol

Might be the kids flogging it, if the old lady has passed on.

Seems odd that exactly the same furniture would be sitting in the house if someone bought it, kept it for a year, and is now selling.

ballyblack

"Ulster house prices falling more slowly"

Belfast Telegraph today trying to talk up the market again??

http://www.belfasttelegraph.co.uk/news/local-national/ulster-house-prices-falling-more-slowly-13936622.html

tara747

ballyblack wrote: »

"Ulster house prices falling more slowly"

Belfast Telegraph today trying to talk up the market again??

http://www.belfasttelegraph.co.uk/news/local-national/ulster-house-prices-falling-more-slowly-13936622.html

:rotfl: :rotfl: :rotfl: :rotfl: :rotfl:

Nice try!!!!!!!!!!! It is TANKING.

belfastgirl23

Wonder how they can tell? I don't know a single soul who has managed to sell a house this year....

leftieM

Ah, La Carson, producing balm for the financial wounds of the home-owning classes. It's fine, it's not a crash, just a blip.

tara747

belfastgirl23 wrote: »

Wonder how they can tell? I don't know a single soul who has managed to sell a house this year....

It's just spin! Only 88% saying that they're falling this month, it was 94% last month so the falls must be slowing down! Er, no. Idiotic Helen Carson. She probably has a few BTLs!!

Anyway, the RICS asking-price survey isn't worth a damn, it's the sale prices that matter, not the fantasy asking prices. DCLG (and to a lesser extent Nationwide and Halifax, they are a few months ahead of DCLG) is a better source of info.

djkaizen

I know one estate agent who has completed 6 deals this year.

For her it is a shame, bt for the rest of the money grabbing ******'s who were living the high life. Well, slap it up them.

tara747

djkaizen wrote: »

I know one estate agent who has completed 6 deals this year.

For her it is a shame, bt for the rest of the money grabbing ******'s who were living the high life. Well, slap it up them.

6 sales???? How is she surviving for money?