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Debate House Prices


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Jump in number of properties for sale

2

Comments

  • BettiePage
    BettiePage Posts: 4,627 Forumite
    There are some really beautiful properties on RM for WC1, but I'm surprised by how many are empty.
    Illegitimi non carborundum.
  • LiGhTfasT
    LiGhTfasT Posts: 169 Forumite
    Part of the Furniture 100 Posts
    Is rightmove updated on sundays? i've assumed it wasnt so never check
  • neverdespairgirl
    neverdespairgirl Posts: 16,501 Forumite
    I don't know - but I didn't check over the last few days.
    ...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'.
  • neverdespairgirl
    neverdespairgirl Posts: 16,501 Forumite
    I'm not sure, but there is a huge jump in rental availability since March.
    ...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'.
  • fatpig_2
    fatpig_2 Posts: 631 Forumite
    chucky wrote: »
    ok - i've noticed the more decent properties doesn't come on in my area and isn't too far from you.
    Can someone please translate this gobbledegook for me please?

    Chucky, English is your first language, isn't it? Deary me, it looks like chucky's going to have to get busy with the EDIT button yet again!
  • pickles110564
    pickles110564 Posts: 2,374 Forumite
    dopester wrote: »
    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.

    We have just had a house that has been repossesed in a very desirable area at the moment not being auctioned and they had an open day on saturday.
    It will be interesting to see how this develops as houses in this road do not hang about for long.
  • dopester
    dopester Posts: 4,890 Forumite
    pickles110564 wrote: »
    It will be interesting to see how this develops as houses in this road do not hang about for long.

    Yes - especially if they are starting to be repossessed. :eek:
  • Chris2685
    Chris2685 Posts: 1,212 Forumite
    Interesting. I wonder if we will see a rippling effect over the coming weeks, with this being the core, and a spreading outwards from here?
    If prices drop here, then surely that pushes down prices in every other area?
  • neverdespairgirl
    neverdespairgirl Posts: 16,501 Forumite
    chucky wrote: »
    ok - i've noticed the more decent properties doesn't come on in my area and isn't too far from you.
    i'm expecting a change in rental demand but sales are extremely slow.

    What do you mean by decent properties?

    I'm not sure if you mean the rental or sale market, either.
    ...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'.
  • neverdespairgirl
    neverdespairgirl Posts: 16,501 Forumite
    Chris2685 wrote: »
    Interesting. I wonder if we will see a rippling effect over the coming weeks, with this being the core, and a spreading outwards from here?
    If prices drop here, then surely that pushes down prices in every other area?

    I'd have thought so. WC1 is bang in the middle of London, between the City and the West End. But the population is, on the whole, quite young and transient, apart from social housing (of which there is quite a bit).
    ...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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