House prices drop in Scotland in real terms

doire_2

How come some of the posts on this thread have been deleted?

I wrote "!!!!!!!" and its be deleted

Mr.Brown_4

doire wrote: »

How come some of the posts on this thread have been deleted?

I wrote "!!!!!!!" and its be deleted

Don't ask me, I only post here.

ManAtHome

It's a House prices board - you're not allowed to post Flat For Sale...

HAMISH_MCTAVISH

DaddyBear wrote: »

Every boom has it's bust. Aberdeen's crash us just around the corner.

So you admit Aberdeen has not had a crash worth mentioning.

Nice...:beer:

IveSeenTheLight

Mr.Brown wrote: »

I use PropertyBee if that helps?

If you are genuinely interested in property then in my opinion it's not very helpful.
Better to look at actual sales prices instead of asking prices.

I've been very successful in the property market and in my experience, I've never given asking prices much value.
If anything I've found they can be very missleading.

Totally depending on the area, you will find there can be quite a wide variation between asking prices and actual sold prices.

smamst

HAMISH_MCTAVISH wrote: »

So you admit Aberdeen has not had a crash worth mentioning.

Nice...:beer:

Aberdeen isn't worth mentioning to be honest.

googler

Euphoria1z wrote: »

zooplas valued my flat at 180k. i bought it at the peak for 165k in 2007 (july), during 2008 it valued it at 150k, during 2009 it valued it at 170k, last value checked in jan 2010 at 180k, not really sure what to make of it? is my flat worth 180k now you reckon? (in Edinburgh)

zoopla hasn't 'valued your flat', merely made an estimate based on its own algorithm, using the sale prices in your area. It doesn't know the style of properties in your street, doesn't know whether you're in a 100-year-old tenement block or a 2-year-old new build, doesn't know whether you're on the ground, 1st or 2nd floor (or penthouse!), doesn't know the condition of your flat compared to others that have sold, etc etc.

If you want to know what your flat is worth in the current market, you might want to consult someone who is working with buyers and sellers in your area on a daily basis.

Who's sold the most in your street or area recently? Find them and ask them.

googler

IveSeenTheLight wrote: »

If you are genuinely interested in property then in my opinion it's not very helpful.
Better to look at actual sales prices instead of asking prices.

I've been very successful in the property market and in my experience, I've never given asking prices much value.
If anything I've found they can be very missleading.

Totally depending on the area, you will find there can be quite a wide variation between asking prices and actual sold prices.

I'd reckon that if you take the selling prices in an area and compare them to the asking prices, that might tell you something meaningful about the state of the market there. However, it might also tell you that all the agents in that market are overpricing...... in which case it should tell them something about their market.

kriss_boy

Theres simply no point in even discussing house prices because sales are so few and far between.

I know a few people who are poised to buy but they simply dont know what to buy or at what price. People are just putting in silly offers and if the seller is desperate to sell then it just adds to the notion that house prices have fallen monumentally.

Give it another 12/18 months and then we will be able to analyse the true extent of the fall in prices.

Mr.Brown_4

IveSeenTheLight wrote: »

If you are genuinely interested in property then in my opinion it's not very helpful.
Better to look at actual sales prices instead of asking prices.

But it has pictures of the rooms and garden, plus the price which the people are asking. And sometimes it shows if they have changed the prices, how long it has been on the market. To a perceptive person like myself, if they have been trying to sell a property for two years then they might be open to an offer.

Also it shows the energy certfificate stuff which is invaluable. I always calculate the amount of lightbulbs a proeprty is going to need over a ten year period, which can often be a deal breaker.