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Debate House Prices


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Only 258 house-hunters registered with estate agents during February...

135

Comments

  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    googler wrote: »
    If each of the supermarkets had one unqiue product that no other supermarket had (as in each EA having sole agency for each property on their books), it might be a different analogy....?

    Yes, but....

    Actually, don't worry :)
  • princessamy86
    princessamy86 Posts: 4,889 Forumite
    It would be difficult to get an average for the past few years though, as it would be skewed by the huge dip. Still, can pull it off rightmove for you if you want? I think I can do it for the EAs in my area.
    Scar tissue that I wish you saw, sarcastic mister know it all, close your eyes and I'll kiss you cause with the birds I'll share this lonely view.
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    edited 16 March 2010 at 10:15PM
    I guess "average" over a few years.

    Can you define that is that the average when 100%+ mortgages were available.
    That average is no longer here.

    (remind you of something Graham)
    What's normal?

    100 - 125% mortgages? Because that's what this "normality" was based on before the crash.

    I don't think that's coming back.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    It would be difficult to get an average for the past few years though, as it would be skewed by the huge dip. Still, can pull it off rightmove for you if you want? I think I can do it for the EAs in my area.

    Would just be interested in the figure really. I haven't got a set timeframe in mind. Just something in which we can compare to this figure that's being used.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Really2 wrote: »
    Can you define that is that the average when 100%+ mortgages were available.
    That average is no longer here.

    (remind you of something Graham)

    100% mortgages would make absolutely no difference to the house hunters registered.

    Nice try. (Somehow I feel this is going to go round in circles, so I'm going to take "absolutely no difference" back, and say "extremely minimal difference").
  • princessamy86
    princessamy86 Posts: 4,889 Forumite
    GD: Average sales per month for our branch (small independent in small town) is about 5, with roughly 30 people registering for property per month. January this year-total anomaly, our branch has been open for 2 years and we had our record sales month with 8 sales in January. 62 people registered for property.

    Gone worryingly quiet at the moment, March number of applicants registered so far is about 12 I think. Does that sort of answer your question?

    ETA: Countrywide have been there for 10 years and I think they generally do about 7 or 8 sales a month.
    Scar tissue that I wish you saw, sarcastic mister know it all, close your eyes and I'll kiss you cause with the birds I'll share this lonely view.
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    100% mortgages would make absolutely no difference to the house hunters registered.

    Nice try. (Somehow I feel this is going to go round in circles, so I'm going to take "absolutely no difference" back, and say "extremely minimal difference").

    You were talking of average sales for january GD, just thought I would present your own sword for you to fall on.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    GD: Average sales per month for our branch (small independent in small town) is about 5, with roughly 30 people registering for property per month. January this year-total anomaly, our branch has been open for 2 years and we had our record sales month with 8 sales in January. 62 people registered for property.

    Gone worryingly quiet at the moment, March number of applicants registered so far is about 12 I think. Does that sort of answer your question?

    Definately does, thanks.

    Interesting that it jumped so much in January and that was your record sales month! Would have thought it would have been November / December.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Really2 wrote: »
    You were talking of average sales for january GD, just thought I would present your own sword for you to fall on.

    No, I was talking about average house hunters.

    Mind the sword.
  • GD: Average sales per month for our branch (small independent in small town) is about 5, with roughly 30 people registering for property per month. January this year-total anomaly, our branch has been open for 2 years and we had our record sales month with 8 sales in January. 62 people registered for property.

    Gone worryingly quiet at the moment, March number of applicants registered so far is about 12 I think. Does that sort of answer your question?

    ETA: Countrywide have been there for 10 years and I think they generally do about 7 or 8 sales a month.
    A lot of people are going down the route of selling properties by themselves, online agents or the new fixed price marketers rather than the traditional Estate Agents, would this have any impact on the figures.
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