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Debate House Prices


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Halifax December Figures -2.2%

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Comments

  • Cat695
    Cat695 Posts: 3,647 Forumite
    chucky wrote: »
    totally agree - as long as you buy well it doesn't really matter when you buy. if it's your home you'd get much more enjoyment out of it instead of saving"x" amount from looking at the Halifax numbers.

    hitting rock bottom is virtually impossible due to the house buying process - normally it can be 6 weeks to 3 months (unless you're a cash buyer) and even longer if you're in a big chain; it's just impossible to predict.


    As you said....its going to be my home that I intend to enjoy for many years


    This may sound weird but I can't wait to have my motorbike in my dining room.....if only my ex wife was around to see that:D
    If you find yourself in a fair fight, then you have failed to plan properly


    I've only ever been wrong once! and that was when I thought I was wrong but I was right
  • Lotus-eater
    Lotus-eater Posts: 10,789 Forumite
    10,000 Posts Combo Breaker
    Cat695 wrote: »
    As you said....its going to be my home that I intend to enjoy for many years


    This may sound weird but I can't wait to have my motorbike in my dining room.....if only my ex wife was around to see that:D
    Sounds spot on to me, thinking about getting a divorce so I can bring my ancient BSA into mine ;)

    not really my love, if you are reading this..... about the divorce I mean, I still want to bring the bike in please
    Freedom is not worth having if it does not include the freedom to make mistakes.
  • mramra
    mramra Posts: 619 Forumite
    Part of the Furniture 500 Posts
    ps2659 wrote: »
    One of the reasons property is not selling.

    You're right, and this brings up a further problem that increases market stagnation: We had thoughts of capitalising on the HPC by trading up next year (gap between rungs on ladder closer together so less of a jump to step up) as we have always planned to make one more move up to provide a better/bigger house for the kids. My worry with this now is that we would have to take a large hit on the price of our house in order to sell, but it seems that many sellers are unwilling to price realistically so there would be a shortage of "better" houses on which realistic offers would be acceptable. Hence it would be just as hard to trade up (financially and in terms of finding the right home) as it was before the HPC!

    Maybe we'll be staying where we are for the time being...
  • Cat695
    Cat695 Posts: 3,647 Forumite
    Sounds spot on to me, thinking about getting a divorce so I can bring my ancient BSA into mine ;)

    not really my love, if you are reading this..... about the divorce I mean, I still want to bring the bike in please


    I mean why do people need dinning rooms...thats what they invented trays for isn't it???
    If you find yourself in a fair fight, then you have failed to plan properly


    I've only ever been wrong once! and that was when I thought I was wrong but I was right
  • mramra wrote: »

    Maybe we'll be staying where we are for the time being...

    You need to find a realistically priced house on the next 'rung up'. Shouldn't be too difficult, as they are under the same if not greater pressure to price to sell as you are.
  • Lotus-eater
    Lotus-eater Posts: 10,789 Forumite
    10,000 Posts Combo Breaker
    Cat695 wrote: »
    I mean why do people need dinning rooms...thats what they invented trays for isn't it???
    I'm really quite lucky tbh, mine is big enough to get my bike in, have room to work on it and still have enough space left to fit my nice table in there.

    I'm not really lucky tbh, I saved up for it :D

    Someone I used to know years ago, used to keep a Bonnie permanently in their terraced houses kitchen/dining room.
    Freedom is not worth having if it does not include the freedom to make mistakes.
  • poppy10_2
    poppy10_2 Posts: 6,588 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Average house price:
    Dec 2007: £197,074
    Dec 2008: £159,896


    Difference= £37,178 in twelve months. That's 18.9% annual fall

    Prices have fallen on average £3,078 per month over the last year.
    poppy10
  • Cat695
    Cat695 Posts: 3,647 Forumite
    I'm really quite lucky tbh, mine is big enough to get my bike in, have room to work on it and still have enough space left to fit my nice table in there.

    I'm not really lucky tbh, I saved up for it :D

    Someone I used to know years ago, used to keep a Bonnie permanently in their terraced houses kitchen/dining room.


    Bet his wife loved him:D
    If you find yourself in a fair fight, then you have failed to plan properly


    I've only ever been wrong once! and that was when I thought I was wrong but I was right
  • Lotus-eater
    Lotus-eater Posts: 10,789 Forumite
    10,000 Posts Combo Breaker
    Cat695 wrote: »
    Bet his wife loved him:D
    Honestly, no joking, it was his wifes :)
    Freedom is not worth having if it does not include the freedom to make mistakes.
  • ess0two
    ess0two Posts: 3,606 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Cheshire Dec -1.0 / YTD -7.4% latest LR figures for my area aint all that bad.
    Official MR B fan club,dont go............................
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