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Debate House Prices


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Is it me or are houses starting to sell?

roxy889
roxy889 Posts: 5 Forumite
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«134

Comments

  • roxy889 wrote: »
    I'm watching a couple of areas Worcester and Bristol, and I am finding that quite a few of the houses in Bristol that I was watching are selling and a couple in our price range in Worcester hae gone under offer (nothing has gone under offer in this price range for the last year). Green shoots?

    Is anyone else getting this feeling?

    I wouldn't say green shoots - but I agree with you about houses starting to sell- they are in our area too - I've noticed a few sold signs appearing in the past month or so and I actually saw a couple of removal vans on Friday of last week.

    My daughter and her partner have their house on the market - been on properly about a week and they have had 3 viewings and someone is coming back for a 2nd viewing - I know it means nothing - they haven't had an offer.

    I was quite surprised they got viewings so quickly.
  • ad9898_3
    ad9898_3 Posts: 3,858 Forumite
    I believe there is a direct association, between SSTC in the last few weeks and the media storm of insessant ramping when the Halifax figures came out, also it is usually the busiest time for moving anyway. I know people who have been saying 'this is the bottom now' since those figures were published, I say nothing, it's no use, just let them get on with it, fools and their money and all that......:rolleyes:
  • adr0ck
    adr0ck Posts: 2,376 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    couple down the street from me have now sold

    however i wouldn't read too much into it
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    Yes, I'm seeing quite a lot local moving. There are some new builds whish were all to let and to sale (both boards on each) and whatever has happened, hey are now being lived in. I posted last week that I noticed quite a few sold boards or under offer boards going up.
  • Sir_Humphrey
    Sir_Humphrey Posts: 1,978 Forumite
    In my area (SW16) I noticed some moving late last year (along with price falls), but it seems little is at the moment, unless very, very nice or (comparatively) competitively priced. Very few exceptions to that observation.
    Politics is not the art of the possible. It consists of choosing between the disastrous and the unpalatable. J. K. Galbraith
  • lesley1960
    lesley1960 Posts: 976 Forumite
    We were busier this January then last january ( removal company ) , and we have had a steady supply of removals ever since ,not flat out , but then we havent had to lay anyone off either .
  • Andrew_McP
    Andrew_McP Posts: 10 Forumite
    I recently visited my mother in Macclesfield and noticed quite a lot of SOLD activity compared to recent visits, so I'm sure the low interest rates and "massive" reductions have pulled a lot of idle/scared/dis-interested money into the market.

    However it's hard to see how this can be translated into a long term change. The imaginary funding simply isn't there any more, and there are only so many 'get out of debt jail free' cards the government can pull out of its pockets via its tame banks. Sooner or later those of us funding this experiment are going to wake up properly and demand we get a rescue package too. A rescue from government policies designed to save today by sacrificing tomorrow.

    We continue to live in "interesting" times.

    Andrew McP
  • Zeek77
    Zeek77 Posts: 5 Forumite
    I think this is very regional at the moment - I live in north Kent and judging by the local papers etc things look really slow still, however a friend of mine who works in an estate agent in York is really busy with plenty of sales happening.
  • besonders1
    besonders1 Posts: 582 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    I have noticed a similar thing where I live but I agree that its only the sellers which cut their loses and reduce the house to a sensible price that are lucky enough now to get a sale although the price of which it does sell for is still too expensive.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    House sales are down 40% or something, so 60% are still selling.

    Like with everything, when it's in your head, you notice it more. How many people have talked about a car, then suddenly you start seeing them everywhere?

    it's just a case of noticing more I think, as it's on your mind
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