Are we back to 2004 Roughly?

mitchaa

2007 up here.

cceg

We had our house valued today, it was valued at £220,000 in excellent order, next door sold for early 2006 for £230,000 in pretty much the same order as ours, so as you may expect i was very happy with the price.
EA also said he didnt think it would be on the market for more than a week.

maybe i am a fool to belive him.....!

Running_Horse

We're not back to 2004. We're forward to 2009.

Robertf

I think in our area its down a bit but most buyers aren't ready to go down to 2004 levels just yet.

QTPie

pawpurrs wrote: »

Asking prices vary enomoursly my way, although new instuctions, seem to be lower. Speaking to the agents though seems to indicate that those actually going under offer, are those willing to take an offer.

Seeing quite a few "under offers" (particularly those that went under offer late Jan/early Feb) coming back onto the market again very recently... (at least in the price bracket I am looking at). Does make me wonder IS it finance falling through (people not being able to get the mortgages that they were thinking of) OR what....?

cceg, do you expect to get the asking price? That is a huge question... you may well do if it is VERY well priced, but it is worth thinking about what you would be prepared to accept, as an offer, below the asking price. Good luck - hope that you secure a quick and good sale (it can happen! )

QT

cceg

QTPie wrote: »

cceg, do you expect to get the asking price? That is a huge question... you may well do if it is VERY well priced, but it is worth thinking about what you would be prepared to accept, as an offer, below the asking price. Good luck - hope that you secure a quick and good sale (it can happen! )

QT

No, he said to market house at £225,000 and expect an offer from £215,000 upwards, but hey, i was *hoping* for £200,000 and even then i thought i was pushing my luck, seems things arent as bad round here as i thought!
He showed me similar houses that have sold in that price range all very recently.

pawpurrs

Robertf wrote: »

I think in our area its down a bit but most buyers aren't ready to go down to 2004 levels just yet.

I think the buyers would be, but would the sellers that another question entirely!

poppysarah

I'm going to view some this week that haven't dropped their price in over a year.

QTPie

cceg wrote: »

No, he said to market house at £225,000 and expect an offer from £215,000 upwards, but hey, i was *hoping* for £200,000 and even then i thought i was pushing my luck, seems things arent as bad round here as i thought!
He showed me similar houses that have sold in that price range all very recently.

Good luck

You don't really know until you dip your toe in as to how it will turn out... SO many factors involved... sounds like you are being realistic - fingers crossed

QT

QTPie

poppysarah wrote: »

I'm going to view some this week that haven't dropped their price in over a year.

Will be interesting how you get on... if you like any and make any offers, how they will be received.

We are starting to think of viewing (and registering interest with EAs): you just don't know until you get stuck in, do you (whether buying or selling)?

Oh well, buying has to be more interesting than selling

QT