House Interest Up Fifth Month In A Row

mr.broderick

http://news.sky.com/skynews/Home/Business/House-Enquiries-Up-Again-In-March-According-To-RICS-Housing-Survey/Article/200904215261848?lpos=Business_First_Home_Article_Teaser_Region_0&lid=ARTICLE_15261848_House_Enquiries_Up_Again_In_March_According_To_RICS_Housing_Survey_

Just remember don't get dickie ball to fit your new bathroom if you're thinking of flipping.

ManAtHome

Wasn't interest "massively up" (according to EAs) around the turn of the year which translated to a mortgage increase of 4% in Feb?

Anyway, what are you up to - making housey posts in the housey forum, pretty bad form IMHO...

mr.broderick

ManAtHome wrote: »

Wasn't interest "massively up" (according to EAs) around the turn of the year which translated to a mortgage increase of 4% in Feb?

Anyway, what are you up to - making housey posts in the housey forum, pretty bad form IMHO...

To be honest it was just an excuse to give good old dickie ball another mention.

ManAtHome

Is he the one who isn't Cannon?

beingjdc

Nah, he's the cricket umpire, surely!

ad9898_3

Nah, if you read the other thread, he is his wife's knicker sniffer.

geoffky

RICS are saying interest is up slightly but sales are still only 1/3 of 2007 levels.....still a long way to go..
sensible mortgages are available but sensible mortgages are not enough to buy a sensible house.

Andrew64

Interest may be up, but that doesn't mean that sales are. Many people may be interested to buy something but that doesn't mean that they are in a position to do so. It's the figures for actual sales we need to watch.

BenL

I remember now why i don't use the sky news website

The housing market survey by the Royal Institution of Chartered Surveyors revealed 10% more surveyors reported a rise in enquiries rather than a fall.


10%! wow, 10 surveyors to 11?.

They need to back it up with proper figures.

Really2

Andrew64 wrote: »

Interest may be up, but that doesn't mean that sales are. Many people may be interested to buy something but that doesn't mean that they are in a position to do so. It's the figures for actual sales we need to watch.

It should transfer to sales in 3-5 months.

Sales have actually been slightly improving for a few months but still at low volumes.

So those would be from inquiries the start of this year, presumably when they started to say inquiries went up.

besonders1

Andrew64 wrote: »

Interest may be up, but that doesn't mean that sales are. Many people may be interested to buy something but that doesn't mean that they are in a position to do so. It's the figures for actual sales we need to watch.

good point I know some people who are just looking round houses and estate agents just to be be nosy and to wind them up, yet they have no intention of buying until next year at the earliest. I might be interested in buying if the same houses were up for sale when the bottom is reached, if not then I will just buy a different house for less.