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Debate House Prices
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Jump in number of properties for sale
neverdespairgirl
Posts: 16,501 Forumite
I keep a close eye on the WC1 area. 18 months ago, there were about 150 places for sale. That's edged up over time, and for the last 6 months or so, there have been between 220 and 230 for sale most of the time.
I last checked Rightmove / Property Bee on Wednesday. Then, there were 23 pages, as per usual (just under 230).
Today, there has been a surge of new listings. There are now 252 places for sale.
A lot of sellers heading for the exits, they hope.
I last checked Rightmove / Property Bee on Wednesday. Then, there were 23 pages, as per usual (just under 230).
Today, there has been a surge of new listings. There are now 252 places for sale.
A lot of sellers heading for the exits, they hope.
...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.
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I think I found many of the new WC1 ones first the other day.
Was checking to see if Lehman had spurred things alone, or shaken up others in to reality who are not even at Lehman.
I monitor WC1 now as a big indicator of the fallout coming elsewhere.0 -
The rats are fleeing the sinking ship!! It was only a matter of time I supposeKrusty & Phil Madoff, 1990 - 2007:
"Buy now because house prices only ever go UP, UP, UP."0 -
I have noticed this in my area too. I have a look every couple of days and am always finding new properties (and also looking to see reductions through property bee)
Saving for a deposit: £20,551 / £25,000 - 82% of the way there...0 -
I think I found many of the new WC1 ones first the other day.
Only cause we were on holiday, I AM the sad WC1 monitor in Property Bee parts (-:...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0 -
I have noticed this in my area too. I have a look every couple of days and am always finding new properties (and also looking to see reductions through property bee)
We live here too - rented, in WC1N....much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0 -
Ok I've just checked again, and yes..
..even more properties come on at WC1, with many new properties and reductions in price found by NDG.
Interesting times. Hopefully it will teach people that being a desirable area doesn't mean people are prepared to pay any price.0 -
Does it show up as NDG? Can't remember what username I chose (-:...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0
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Checking rentals in WC1 now - also a big jump in numbers, lots of new places, and rent reductions all round.
The City shennanigans having a big effect here, I reckon....much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0 -
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I've checked my figures, and understated the jump over the last 6 months:
WC1 sale - all properties - 20th March 2008 - 168
WC1 sale – available properties - 20th March 2008 – 129
WC1 rent - all properties - 20th March 2008 - 202
WC1 rent – available properties - 20th March 2008 – 168
WC1 sale - all properties - 21st September 2008 – 252
WC1 sale – available properties - 21st September – 221
WC1 rent - all properties - 21st September - 300
WC1 rent – available properties - 21st September – 277...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0
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