Someone please buy my blooming house!!!

skypie123_2

DVardysShadow wrote: »

Do they do things differently in France?

Oi! I am French!

tyllwyd

Henry_P_Chester wrote: »

Have to agree with this. Anything will sell if the price is right.

In our area, between £300K and £350K (where our house is priced), I've been looking for the last four weeks and nothing has gone under offer in that time (about 25 houses). Surely they can't all be overpriced?

geoffky

A correctly priced house will always sell a incorrect house lies on the market for months and months..It really is that simple....watching people chase the market down to me is sad because i am sure if they had priced it right in the first place they would be sold and gone..

geoffky

tyllwyd wrote: »

In our area, between £300K and £350K (where our house is priced), I've been looking for the last four weeks and nothing has gone under offer in that time (about 25 houses). Surely they can't all be overpriced?

price is key..you can get the estate agent pricing up because if he/she does not their competitor will and then get the instruction...i have seen many agents writing this on blogs..they then say the hard work then begins getting the owner to drop prices.

Henry_P_Chester

tyllwyd wrote: »

In our area, between £300K and £350K (where our house is priced), I've been looking for the last four weeks and nothing has gone under offer in that time (about 25 houses). Surely they can't all be overpriced?

if people can't get the credit any more I'm afraid they probably all are.

I've been watching the market in several towns in Essex since january and lately not a lot is selling especially in the FTB Market. your price range and above have been fairing better but there have been over 40% more stock on the Market since January.

To me appears it has been a two tier Market for some time with £400k+ selling but the last month even those have been stagnant and are beginning to be reduced. Lower end properties are been reduced by 10% just weeks after being marketed and many have been reduced several times and still not sold.

Use property bee with rightmove to see price changes.

tyllwyd

geoffky wrote: »

price is key..you can get the estate agent pricing up because if he/she does not their competitor will and then get the instruction...i have seen many agents writing this on blogs..they then say the hard work then begins getting the owner to drop prices.

I do agree in normal circumstances - but in the last month or two, practically nothing at all at any price has been selling (in our area at least). And if people can't sell their own houses, they can't put offers in on other houses, no matter how well presented, competitively priced and all the rest of it those houses may be. I'd say with the election and all the uncertainty that it brought, the housing market is not acting normally at the moment.

tyllwyd

Henry_P_Chester wrote: »

if people can't get the credit any more I'm afraid they probably all are.

Yes, I'm worried about that, whether people can get mortgages or have the confidence to buy houses in this price range, which are a little bit more expensive than the average. But I'm not sure that's the same thing as saying the houses in that price range are overpriced? If you can buy a 3 bed detached house for £250K, does that mean that it is sensible to sell a 4 bed detached house with twice as much land for the same price?

bandofbrothers

Patience is certainly a virtue when coming to buying and sell property !

Henry_P_Chester

but the 250k house are not selling either and are overpriced too. The 250k and under market is even worse and if they people can't sell or have to drop their price then they won't be able to upsize to afford yours at it's current price.

Henry_P_Chester

bandofbrothers wrote: »

Patience is certainly a virtue when coming to buying and sell property !

Unless you are selling in a falling market in which case the speed is of the essence.