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FTB's End Hibernation, Return To Market...

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Comments

  • nearlynew
    nearlynew Posts: 3,800 Forumite
    Pimperne1 wrote: »
    By what measure do you see prices falling - most of the indices are still showing month on month positive.


    The only measure that matters...


    My own.
    "The problem with quotes on the internet is that you never know whether they are genuine or not" -
    Albert Einstein
  • AndyGuil
    AndyGuil Posts: 1,668 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    nearlynew wrote: »
    They have obviously been attracted by the falling prices
    The price will reduce until there is enough demand to hold the price. I don't think this has been achieved yet but it shows a price correction is occurring, not a crash as many think/hope. The 20% price correction that has been mentioned a few times by many experts is a reasonable price correction, some of which has already occurred.
  • MadnessOfHPI
    MadnessOfHPI Posts: 8 Forumite
    [STRIKE][/STRIKE]
    MadnessOfHPC wrote: »
    Just what my local EA advised today that FTB are returning to the market. He's never been busier and enjoying what he called a 'mini-autumn-boom'.

    Hold on I thought FTBs were returning to the Market in April? That was obviously the OP getting over excited! In fact according to the latest figures the percentage of new loans to FTBs dropped AGAIN last month.

    I spoke to an EA earlier in the week and he told me that the FTB Market is completely dead and he is pressuring vendors to reduce their prices substantially. He said the Market has never been this bad in the 25 years he's been in the business!
  • MadnessOfHPI
    MadnessOfHPI Posts: 8 Forumite
    Pimperne1 wrote: »
    By what measure do you see prices falling - most of the indices are still showing month on month positive.

    Nationwide, Halifax(peaked January) rightmove, DCLG, hometrack, home.co.uk , assetz, academetrics. Take your pick.
  • nearlynew
    nearlynew Posts: 3,800 Forumite
    My local estate agent hanged hilmself while I was speaking to him.


    I've never seen it so bad.
    "The problem with quotes on the internet is that you never know whether they are genuine or not" -
    Albert Einstein
  • madnessofBruno
    madnessofBruno Posts: 82 Forumite
    My local estate agent, says she works as a lapdancer at night, to make ends meet.

    Her comment "I've never seen it so bad".
  • System
    System Posts: 178,377 Community Admin
    10,000 Posts Photogenic Name Dropper
    My estate agent owns 4 Ferrari's.

    Nope, didn't enjoy that, I guess trashing the board must be an acquired taste.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • madnessofBruno
    madnessofBruno Posts: 82 Forumite
    Joeskeppi wrote: »
    My estate agent owns 4 Ferrari's.

    Nope, didn't enjoy that, I guess trashing the board must be an acquired taste.

    Oh I love those little matchbox Ferrari's. Plenty of time for them to go broom broom around the office these days.
  • 1984ReturnsForReal_2
    1984ReturnsForReal_2 Posts: 15,431 Forumite
    Joeskeppi wrote: »
    My estate agent owns 4 Ferrari's.

    Nope, didn't enjoy that, I guess trashing the board must be an acquired taste.


    What colour?


    Its important you know............
    Not Again
  • madnessofBruno
    madnessofBruno Posts: 82 Forumite
    1984ReturnsForReal wrote: »
    What colour?


    Its important you know............

    Do they do magnolia?
This discussion has been closed.
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