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Debate House Prices


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House hunters out in force

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Comments

  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    edited 16 March 2010 at 5:37PM
    Oh dear lord chucky. Get a grip.

    As Emy has stated. If 200+ NEW registrations are coming to an agent, from new buyers each month, roughly HALF the entire population would be registering each year with agents.

    Well no, if there are 700,000 properties available at any one time it would require 2.8m registered buyers at any one time to = 4 registered buyers per 1 house listed.
    I am not sure where the idea that these all had to be new potential buyers per month as the article does not say that.
    Unless emy is saying 700,00 houses go on to the market each month???????????????
  • LydiaJ
    LydiaJ Posts: 8,083 Forumite
    Part of the Furniture Combo Breaker Mortgage-free Glee!
    There are dozens of EAs in the town where I live. I'm registered with ten of them. If everyone was doing that, then 4 registrations per house would mean two and a half houses per actual buyer.
    Do you know anyone who's bereaved? Point them to https://www.AtaLoss.org which does for bereavement support what MSE does for financial services, providing links to support organisations relevant to the circumstances of the loss & the local area. (Link permitted by forum team)
    Tyre performance in the wet deteriorates rapidly below about 3mm tread - change yours when they get dangerous, not just when they are nearly illegal (1.6mm).
    Oh, and wear your seatbelt. My kids are only alive because they were wearing theirs when somebody else was driving in wet weather with worn tyres.
    :)
  • IveSeenTheLight
    IveSeenTheLight Posts: 13,322 Forumite
    But are there really 4 registered buyers chasing every property?.

    Mentioned it on another thread, bu I know someone who was 8th out of 10 bids on a property last week.

    That's 10 people bidding on one property :eek:
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • Emy1501
    Emy1501 Posts: 1,798 Forumite
    Really2 wrote: »
    Well no, if there are 700,000 properties available at any one time it would require 2.8m registered buyers at any one time to = 4 registered buyers per 1 house listed.
    I am not sure where the idea that these all had to be new potential buyers per month as the article does not say that.
    Unless emy is saying 700,00 houses go on to the market each month???????????????

    Isn't this what Riona is suggesting in her/his 18/21 new houses after 3 months but 750 new buyers?
  • Cannon_Fodder
    Cannon_Fodder Posts: 3,980 Forumite
    Meanwhile hundreds of properties remain unsold since 2008, can't tell for sure if never had an offer, but they've never moved to SSTC, let alone completed...

    Its swing and roundabouts.
  • House hunters out in force..............

    Aye, with 40% of the funding available it's a pity the majority won't be able to buy anything.:D
  • DaddyBear
    DaddyBear Posts: 1,208 Forumite
    chucky wrote: »
    just to add some more bait for those that think that new buyer enquiries have nothing to do with mortgage approvals and house sales.... :eek:

    Mortgage_approvals_jan_08.jpg


    Looks good until 2007. Since then the relationship has been inverse. Brilliant.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    DaddyBear wrote: »
    Looks good until 2007. Since then the relationship has been inverse. Brilliant.
    you're wrong Mr D. Bear - the chart ends in 2007 :eek:
  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    DD9 wrote: »

    That's exactly my attitude, Conrad.

    It takes a big man to admit when he's wrong, but it seems the bear camp on this forum is full of dwarfs. At least over on HPC a few giants are admitting defeat and buying houses. In a couple of years time in their own homes, they'll wonder why they made such a song and dance about house prices.

    :D

    A certain section just cannot exist without an impending doom accompanying thier journey through time and space.

    It's almost as if there must be a Darwinian imperative that a certain section of EVERY generation expects monumental distaster.

    The Puritans railed against modern society and told thier followers to come with them to a new promised land (N America), to leave behind a 'decaying' England.
  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    House hunters out in force..............

    Aye, with 40% of the funding available it's a pity the majority won't be able to buy anything.:D


    Still the fact filtering goes on - will you ever grow out of it?

    Here on the front line plenty of people are using thier parents 'free' equity to get on board.

    The Human will always finds a way:D
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