Debate House Prices


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MSE News: Halifax: house price growth decelerates

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  • Rinoa
    Rinoa Posts: 2,701 Forumite
    edited 4 February 2010 at 11:11AM
    No longer relevant
    If I don't reply to your post,
    you're probably on my ignore list.
  • doire_2
    doire_2 Posts: 2,280 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    edited 4 February 2010 at 11:37AM
    Can we have region by region? These averages mean little to most people.

    Oh and one more thing............this from the same report
    He added that the state of the economy would be the dominant factor for the future trend for house prices.

    Tell me how is the economy again?


    However, he said that there were signs that more people were putting up homes for sale, which would curb any future rises.
    Good news

    Nothing much left to argue about.

    The House Price Crash is over. .

    Funniest thing i have read all week!


    Really2 wrote: »
    Any proof on that? it was very difficult for them in 08 but I know an EA and he said 09 was good. Lots of sales less competition now as some closed 08.

    I know two who said 09 was crap

  • The House Price Crash is over. .

    Crash ? What crash are you talking about ?
    :beer:
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    doire wrote: »
    I know two who said 09 was crap

    It's all on local like you said. Ireland is doing a lot worse on transactions and prices compared to mainland UK.
  • doire_2
    doire_2 Posts: 2,280 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Really2 wrote: »
    It's all on local like you said. Ireland is doing a lot worse on transactions and prices compared to mainland UK.

    I dont know any EA. Thank God :D
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Another rise! Don't panic people, the house price crash will resume

    [STRIKE]next month [/STRIKE]
    [STRIKE]during the summer[/STRIKE]
    [STRIKE]this is a classic bull trap[/STRIKE]
    [STRIKE]roll on the cold dark winter months[/STRIKE]
    [STRIKE]no one will be buying by xmas[/STRIKE]
    after the election
  • Batchy wrote: »
    You may as-well argue with yourself in a mirror, personally i'm fed up of hearing it.

    Market, is poor, estate agents still struggle to make ends meet, buyers who push up the price are kidding themselves, and those with PREMIUM properties will not have a trouble selling regardless of the market conditions, its all about Quality, not quantity, I personally disagree with supply and demand its very Niche driven, a road might have 3 houses for sale, but if its not the one on the end of the road which is detached then it still doesnt fit the bill, houses in the UK are so diverse, there is something for everyone, for 95% of most buyers, the other 5% will wait wait wait for that perfect one.

    If you think the trouble is over, ask the people who still haven't sold after over 18 months on the market, ie, those who refused to reduce their prices.

    Ask them why they havent sold yet, when average selling prices have increased.

    I could quite simple answer that for them... your asking too much in the current market, stats might suggest its getting better, but the only way it will be, is when liquidity returns, and stability is forecast. The road ahead is bumpy, very bumpy.

    We have already been advised, LIQUIDITY WILL NEVER RETURN to the levels seen since wholesale mortgage markets were obliterated, and people who got so badly burnt will never return to invest in it.

    Simples... :-)

    And those who are putting 'offers in EXCESS of' in adverts ... I hope they sit there waiting for a buyer until their retirement day
  • Dan: wrote: »
    Another rise! Don't panic people, the house price crash will resume

    [STRIKE]next month [/STRIKE]
    [STRIKE]during the summer[/STRIKE]
    [STRIKE]this is a classic bull trap[/STRIKE]
    [STRIKE]roll on the cold dark winter months[/STRIKE]
    [STRIKE]no one will be buying by xmas[/STRIKE]
    after the election
    WHEN INTEREST RATES RISE ....[/QUOTE]

    Which they will do Danny boy at some point then lets sit back and watch the whole sorry mess unfold
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    izzybusy23 wrote: »
    Dan: wrote: »
    Another rise! Don't panic people, the house price crash will resume

    [STRIKE]next month [/STRIKE]
    [STRIKE]during the summer[/STRIKE]
    [STRIKE]this is a classic bull trap[/STRIKE]
    [STRIKE]roll on the cold dark winter months[/STRIKE]
    [STRIKE]no one will be buying by xmas[/STRIKE]
    after the election
    WHEN INTEREST RATES RISE ....[/QUOTE]

    Which they will do Danny boy at some point then lets sit back and watch the whole sorry mess unfold

    and you already know how many people will this affect don't you?
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Batchy wrote: »

    Ask them why they havent sold yet, when average selling prices have increased.
    )

    I don't know any, only know ones that have sold 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
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