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Debate House Prices


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This so called rise in house prices...

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Comments

  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    edited 6 November 2009 at 5:05PM
    tomstickland wrote: »
    No, you assumed that I was only looking at asking prices.
    tomstickland wrote: »
    When the original asking prices are in line with what they were 2 years ago.
    tomstickland wrote: »
    From my Rightmove observations:
    In many cases initial asking prices in 2008/2009 are the same as they were in 2006/2007.
    However, for a property to sell the asking prices are having to be dropped considerably.

    tomstickland wrote: »
    Looks a bit thin on the ground when looking in my local area on Rightmove with Property Bee.

    Your quotes seem to disagree with you.

    I am only saying to you look at sold prices not at marketed prices to give you an idea of drops.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    tomstickland wrote: »
    No, you assumed that I was only looking at asking prices.
    assume isn't the right word to use - everyone read what you posted..

    you said you were looking at Rightmove - either you don't know what Rightmove is or you just don't understand... :confused:
    tomstickland wrote: »
    This so called rise in house prices over the last year.
    Looks a bit thin on the ground when looking in my local area on Rightmove with Property Bee. I'd say that 90% of the properties I've looked at (under £150K) have a series of price reductions showing. Some by 25%.
    Really2 wrote: »
    Your quotes seem to disagree with you.
    i'm sure he'll blame you for bullying him next...
  • System
    System Posts: 178,375 Community Admin
    10,000 Posts Photogenic Name Dropper
    Bloody bullies.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • Cannon_Fodder
    Cannon_Fodder Posts: 3,980 Forumite
    http://www.rightmove.co.uk/house-prices.html

    "Find out how much homes in the UK really sold for"...

    Its possible to use Rightmove for both price types.

    This could be a similar confusion as someone saying Land Registry meaning "price index" while someone else interprets it as "record of individual sale price".

    ??
  • tomstickland
    tomstickland Posts: 19,538 Forumite
    10,000 Posts Combo Breaker
    edited 6 November 2009 at 7:50PM
    From my Rightmove observations:
    In many cases initial asking prices in 2008/2009 are the same as they were in 2006/2007.
    However, for a property to sell the asking prices are having to be dropped considerably.
    I stand by everything I've posted.

    I'm aware (and always have been) of the difference between asking and selling prices.
    I've been looking on Rightmove with PBee. The initial asking prices are in-line with a few years back. However, these properties are not selling. Some have a big list of price reductions. Ergo, when they do sell the prices are lower than the asking prices by a good margin.
    Hence the selling prices are below the asking prices.

    I've said nothing about bullying either.
    Happy chappy
  • Davesnave
    Davesnave Posts: 34,741 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    tomstickland wrote: »

    I've said nothing about bullying either.

    No but I did. I stand by that too.

    I'm unimpressed with the tone of the verbals that go on here, day-in day-out. There are few new voices, but that's not surprising, if insults are thrown at people for daring to start a thread like this.

    At this moment there are 23 people on this forum and 110 on House Buying Renting & Selling. There's a statistic for you. Good grief, there's even more on the Student Board.....and it's Friday night!;)
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Davesnave wrote: »
    At this moment there are 23 people on this forum and 110 on House Buying Renting & Selling.

    Thats what happens when you "hide" the board, and make it impossible to access without logging in.

    Of the 110 on house buying, I'd be surprised if more than 20 are logged in.
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”
    -- President John F. Kennedy”
  • IveSeenTheLight
    IveSeenTheLight Posts: 13,322 Forumite
    tomstickland wrote: »
    I'm not comparing any rightmove index with anything.
    I'm just looking at asking prices and noting that they are being lowered, and the final values are lower than for similar properties in the previous year or two.

    You compared in your first post.

    "This so called rise in house prices", doubting it to be true because you are seeing asking prices on Rightmove and PropertyBee going down

    Asking prices is really irrelevant, what is happening to actual sale prices
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Cannon_Fodder wrote: »
    http://www.rightmove.co.uk/house-prices.html

    "Find out how much homes in the UK really sold for"...

    Its possible to use Rightmove for both price types.

    This could be a similar confusion as someone saying Land Registry meaning "price index" while someone else interprets it as "record of individual sale price".

    ??
    really!? you can you property bee to find out selling prices...

    interesting that people persist and won't admit they may have been wrong... :rolleyes:
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    Davesnave wrote: »
    No but I did. I stand by that too.

    I'm unimpressed with the tone of the verbals that go on here, day-in day-out. There are few new voices, but that's not surprising, if insults are thrown at people for daring to start a thread like this.

    Sorry, but has anyone verbally abused the poster or just disagreed with what they have posted?

    It's a shame you where not here last year when Chucky, Dan myself and many other "bulls":rolleyes: were getting proper abuse not a difference in opinion.:confused:

    Can't remember any one stepping in then, but that my memory.

    But if you think I have abused or insulted the poster please point it out and I will say sorry without hesitation
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