Debate House Prices


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Buyers Flood Back To The Property Market

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Comments

  • FoxtonsRIP
    FoxtonsRIP Posts: 323 Forumite
    The National Association of Estate Agents (NAEA) says...

    :rotfl:
    I reckon they have quite a few members posting alleged 'green shoots news' on here. :rotfl:
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    So "Buyers flood back to the property market" eh.

    You mean househunters, as it mentions right through the rest of the article, calling these hunters "potential buyers".

    Oh right, so not buyers at all, just people looking.

    Good good.

    Suppose buyers flood back is a better title than "househunters looking".

    Jeez Stevie, you couldn't have picked a more desperate writeup!

    Hey don't shoot the messenger icon7.gif
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • carolt
    carolt Posts: 8,531 Forumite
    I'm registered with every single local EA, have been for years. I'm currently looking to buy precisely nothing - I'm not actually looking to buy before 2010, and then in a different area.

    I'm just nosey and too lazy to demand my details be removed from however many EA's.

    If that makes me officially one of 'buyers chasing a house', then clearly the figures mean less than nothing.
  • westv
    westv Posts: 6,476 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    And interest from potential buyers translated into sales during the month, with estate agents selling an average of 10.4 homes each.

    Is the 10.4 homes per person or per each EA office?
  • FoxtonsRIP
    FoxtonsRIP Posts: 323 Forumite
    Given the state of the market, I'd have thought it would be about 10 homes sold for the whole country
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    StevieJ wrote: »
    Hey don't shoot the messenger icon7.gif

    Don't see why we shouldn't when the messenger is sh*ting through our letterboxes :p
  • lynzpower
    lynzpower Posts: 25,311 Forumite
    10,000 Posts Combo Breaker
    ad9898 wrote: »
    That's still a long time if each house that is for sale has 4 buyers, with mortgage approvals and a large deposit in their hand standing outside each house begging the seller to sell it to them, I just haven't seen it, yet this is what the NAEA want us to believe, it just sounds so ridiculous.

    Lots of properties also get withdrawn from the market.

    Property bee is showing me properties in my area & price range- been on for a year or more. I looked on rightmove for the chap on here who is selling his SO in southsea and there were PAGES of properties been on for over a year, I just cannot understand where the NAEA get this carp from ( Oh yeah, I do, of course buying from the developer doesnt count- they arnt eas - Ok so it doesnt include new build, Oh Ok, I can start to see how this comment might be true. )

    I agree, "chasing" is strange. Maybe 4 people VIEWED each proeprty- but not chased- otherwise if really they were chasing wouldnt be going to sealed bids on every proeprty- Er DONT think thats happening :rotfl:

    Oh well- We are off to the London "affordable new homes" show on the weekend, I will report back on our findings from that!:rolleyes:
    :beer: Well aint funny how its the little things in life that mean the most? Not where you live, the car you drive or the price tag on your clothes.
    Theres no dollar sign on piece of mind
    This Ive come to know...
    So if you agree have a drink with me, raise your glasses for a toast :beer:
  • ad9898_3
    ad9898_3 Posts: 3,858 Forumite
    lynzpower wrote: »
    Lots of properties also get withdrawn from the market.

    Property bee is showing me properties in my area & price range- been on for a year or more. I looked on rightmove for the chap on here who is selling his SO in southsea and there were PAGES of properties been on for over a year, I just cannot understand where the NAEA get this carp from ( Oh yeah, I do, of course buying from the developer doesnt count- they arnt eas - Ok so it doesnt include new build, Oh Ok, I can start to see how this comment might be true. )

    I agree, "chasing" is strange. Maybe 4 people VIEWED each proeprty- but not chased- otherwise if really they were chasing wouldnt be going to sealed bids on every proeprty- Er DONT think thats happening :rotfl:

    Oh well- We are off to the London "affordable new homes" show on the weekend, I will report back on our findings from that!:rolleyes:

    Lets face it, it was another crap headline, made up by VI's to fool people into think that everything is fine and dandy again to take on more debt than they need to. This is precisely the reason I posted that thread yesterday, on the twisting and bending of truth.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    carolt wrote: »
    I'm registered with every single local EA, have been for years. I'm currently looking to buy precisely nothing - I'm not actually looking to buy before 2010, and then in a different area.

    I'm just nosey and too lazy to demand my details be removed from however many EA's.

    If that makes me officially one of 'buyers chasing a house', then clearly the figures mean less than nothing.

    Then I suggest you deregister immediately as you are misleading everybody with this supposed interest in property. ;)
  • mewbie_2
    mewbie_2 Posts: 6,058 Forumite
    1,000 Posts Combo Breaker
    Thrugelmir wrote: »
    Then I suggest you deregister immediately as you are misleading everybody with this supposed interest in property. ;)
    Yes but then it will be "meltdown in housing market as buyers leave market".

    btw I slowed down to check the prices on a garage forecourt yesterday - will that be recorded as "car buyers show increased interest".
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