In full swing

pickles110564

4 bed detached on cavey park sold today for £171,000 these were flying off the shelve all day last summer for £210k. Agent said 3 bed detached have dropped from £190k to £150k.He was very relieved to get this sale through to completion and said he thinks that now we have hit the bottom, I told him not to be so sure.
He says he is going to ring around other customers on his books and ask them to reduce to same levels as he thinks everything will then start moving again.

moanymoany

pickles110564 wrote: »

4 bed detached on cavey park sold today for £171,000 these were flying off the shelve all day last summer for £210k. Agent said 3 bed detached have dropped from £190k to £150k.He was very relieved to get this sale through to completion and said he thinks that now we have hit the bottom, I told him not to be so sure.
He says he is going to ring around other customers on his books and ask them to reduce to same levels as he thinks everything will then start moving again.

But pickles, I've just read another of your posts saying all is well! Green shoots and all that!

lynzpower

I agree, I thought you said that prices werent dropping on the house prices board?!?!?!

You do confuse me pickles- either be bulli sh or dont! Your in good company whichever way, but if you cant make up your mind- how on earth do you know if to buy or sell

pickles110564

moanymoany wrote: »

But pickles, I've just read another of your posts saying all is well! Green shoots and all that!

I am only trying to give a balanced view, fact is now that is people need to sell they are having to accept at least 20% below asking price.However alot of people are still refusing to budge as they intend to sit it out.
I think when i posted the green shoots post my grass seed had just started pushing up green tips, so I called it shoots, just a bit over excited thats all.;)

m00m00

thanks for the anecdotal pickles

keep them coming. the more information available, the more people are able to make their own minds up.

pickles110564

lynzpower wrote: »

I agree, I thought you said that prices werent dropping on the house prices board?!?!?!

You do confuse me pickles- either be bulli sh or dont! Your in good company whichever way, but if you cant make up your mind- how on earth do you know if to buy or sell

Lynz, I have my eye on some more rental stock but I am waiting for them to become a bit more approachable to my level of price.

pickles110564

m00m00 wrote: »

thanks for the anecdotal pickles

keep them coming. the more information available, the more people are able to make their own minds up.

No worries, like I said better telling it as it is instead of pretending that buyers are still paying full asking price.

boinging_2

Are you drunk?

Microstar_2

boinging wrote: »

Are you drunk?

I reckon he just ran out of whatever it is he's been smoking for the last few months. Rationality has set in.

tradetime

Microstar wrote: »

I reckon he just ran out of whatever it is he's been smoking for the last few months. Rationality has set in.

He ran out of Green Shoots to smoke, he'll be cold turkey soon and predicting 80% falls

chrisandanne

pickles110564 wrote: »

4 bed detached on cavey park sold today for £171,000 these were flying off the shelve all day last summer for £210k. Agent said 3 bed detached have dropped from £190k to £150k.He was very relieved to get this sale through to completion and said he thinks that now we have hit the bottom, I told him not to be so sure.
He says he is going to ring around other customers on his books and ask them to reduce to same levels as he thinks everything will then start moving again.

Telling it like it is Pickles...here in (my bit) of Yorkshire houses that have had 20% knocked off have mostly sold...one just up the road, 4 bed modern detached reduced from £250k to £200k sold within days of the reduction.
The trouble here is that 2 bed terraces have risen 400% and 20% off still doesn't make them look a good buy, I think they will fall a lot further over the next year.
A x