Property will stay in the doldrums

StevieJ

dervish wrote: »

are yousaying you are Chucky?!?

:eek:

No I pasted from his post, the one you missed, I have edited it to make it easy for you.

StevieJ

Did you enjoy the website.

SingleSue

pickles110564 wrote: »

Ok Sue time to give me facts on these ones look forward to be able to check them out.

One has just sold for full asking price in Beatrice Road, how do I know that? He is a mate.

Sorry went to bed early (for once!)......now to check rightmove again to make sure they are still there.


http://www.rightmove.co.uk/viewdetails-16749818.rsp?pa_n=false&tr_t=buy was £350k now £152.5K (very overpriced at the beginning, remember seeing that listing when it was first listed and thinking "What!!" although it is very on the border for being one of those in a decent area)

http://www.rightmove.co.uk/viewdetails-22500089.rsp?pa_n=false&tr_t=buy was £675k now £575k

http://www.rightmove.co.uk/viewdetails-20895230.rsp?pa_n=false&tr_t=buy was £690K now £500K

http://www.rightmove.co.uk/viewdetails-17712770.rsp?pa_n=false&tr_t=buy was £750K now £595K

http://www.rightmove.co.uk/viewdetails-22693238.rsp?pa_n=2&tr_t=buy&mam_disp=true was £635K now £500K (all bar a fiver)



There are also quite a few reduced by £60 to £80K....one thing though, now showing some sold houses in my saved list on there but they look they have been competitively priced.

Edit - Think I may have found the one in Beatrice Avenue, if so, not bad...sold in 9 days. Mind you, very very competitively priced for that road and an absolutely gorgeous house, they have certainly put a lot of effort into it haven't they? Absolutely beautiful.

Kenny4315

I'm planning house purchases for summer June/July next year, when the main falls will be gone and a period of price stability or at worst nominal price reductions. Interest rates should be low, and one can then tie in a long term deal a a low rate. Between now and summer around 15% reduction in house prices, lowering interest rates, general hard times. I think that the next 4 months will really see some hard falls.

As one of those who predicted the housing crash a few years ago, when everyone thought that there was no possible way houses could fall, and bank sector meltdown that would result from banking bad debts, I'm in a pretty strong position.

chucky

dervish wrote: »

and then you foolow it up with this...

Personal attacks are against forum rules. I have reporte this.

well done Dervish I'll get you a Gold Star for your efforts - REALLY WELL DONE!

you've done really well today

pickles110564

SingleSue wrote: »

Sorry went to bed early (for once!)......now to check rightmove again to make sure they are still there.


http://www.rightmove.co.uk/viewdetails-16749818.rsp?pa_n=false&tr_t=buy was £350k now £152.5K (very overpriced at the beginning, remember seeing that listing when it was first listed and thinking "What!!" although it is very on the border for being one of those in a decent area)

Was never worth £350k must have been a pricing error because you could have bought in Picketts Road for that price.

http://www.rightmove.co.uk/viewdetails-22500089.rsp?pa_n=false&tr_t=buy was £675k now £575k
Cliff top property loverly views except in the summer due to being swamped by visitors in the summer. All the owners who have tried to sell these ones have got stupidly greedy.
http://www.rightmove.co.uk/viewdetails-20895230.rsp?pa_n=false&tr_t=buy was £690K now £500K
I have always liked this one myself in Brook Lane and at one time I have owned a very large house in this road. It is still about £50 to £60k over priced.
http://www.rightmove.co.uk/viewdetails-17712770.rsp?pa_n=false&tr_t=buy was £750K now £595K
This one was put on by agents who have not got a clue about Felixstowe and in my view is still over priced now.
http://www.rightmove.co.uk/viewdetails-22693238.rsp?pa_n=2&tr_t=buy&mam_disp=true was £635K now £500K (all bar a fiver)
This one in Maybush is part of the old collage grounds and to is well over priced but at the peak this would have been snapped up.


There are also quite a few reduced by £60 to £80K....one thing though, now showing some sold houses in my saved list on there but they look they have been competitively priced.

Edit - Think I may have found the one in Beatrice Avenue, if so, not bad...sold in 9 days. Mind you, very very competitively priced for that road and an absolutely gorgeous house, they have certainly put a lot of effort into it haven't they? Absolutely beautiful.

Yes this one in Beatrice is a loverly price but would not have gone for much more even in the peak time. This road at one time was the most sought after in Felixstowe but now all the smart money stays away due to how busy it has become with noisey road traffic.
Thank you for your effort in highlighting these properties.
Will speak with you again soon.

StevieJ

Kenny4315 wrote: »

I'm planning house purchases for summer June/July next year, when the main falls will be gone and a period of price stability or at worst nominal price reductions. Interest rates should be low, and one can then tie in a long term deal a a low rate. Between now and summer around 15% reduction in house prices, lowering interest rates, general hard times. I think that the next 4 months will really see some hard falls.

As one of those who predicted the housing crash a few years ago, when everyone thought that there was no possible way houses could fall, and bank sector meltdown that would result from banking bad debts, I'm in a pretty strong position.

kenny, just watch that you don't get caught out by the end of stamp duty concession, if the market is going to turn next year that could be the ignition. They could of course extend it or prices could fall again after.

dervish

chucky wrote: »

well done Dervish I'll get you a Gold Star for your efforts - REALLY WELL DONE!

you've done really well today

Personally I feel you are lucky to escape a ban for those vile, unwarranted personal attacks on other members here.

Dithering_Dad

dervish wrote: »

Personally I feel you are lucky to escape a ban for those vile, unwarranted personal attacks on other members here.

Give it a rest, dervish.:rolleyes:

chucky

dervish wrote: »

Personally I feel you are lucky to escape a ban for those vile, unwarranted personal attacks on other members here.

run along now Dervish - go sort out your double standards out.

when you've sorted them maybe (just maybe though) we could have a discussion