And for the estate agents next excuse!

Eton_Rifle

bouche wrote: »

The nights are already drawing in and people will want to buy and the lack of property for sale will make them make that decision:cool:

Here on Planet Earth's northern hemisphere, we're only 8 days past the summer solstice - the longest day of the year.

What planet are you from?

When_is_the_reset?

Gambit wrote: »

Well if this is to be believed, you should be getting some interest soon...
House prices set to surge after the World Cup

Good luck! :beer:

LMAO - this is the funniest thing I have seen for a long time.

avenida

Yes defo fighting a losing battle, cant be bothered with it anymore:(

Henry_P_Chester

Are all you sellers looking at properties that you may be interested in moving too? The chance are if your having to drop your price then so are they, So you get less for yours and pay less for the next one. In fact if upsizing, a drop in prices is great as it will cost you less to take the next step up the ladder!

googler

Or, put another way, if you drop by 15%, and the house you're moving to also drops by 15%, then the amount you have to put into the deal also drops by 15% ....

crusty_toenail

Okay as I'm from NI I can advise that I have bought and am moving next month, but I bought at rateable value, if your house is way more expensive than its value at Jan '05 you might find it hard to shift.

Have a look and check the value of your house here:

http://lpsni.gov.uk/vlistdcv/search.asp?submit=form

House prices will be still falling for a long time here so you need to price it less than your neighbours, cut your losses, if everyone can do this then it'll get the market moving again albeit at lower transaction prices. Yes, your neighbours might be on at the same price, but if it's not selling then........

DROP THE PRICE

geoffky

one of the best i have heard is the people who were looking to move are now not moving because prices are rising and they want to profit... classic

elvis_girl

crusty_toenail wrote: »

Okay as I'm from NI I can advise that I have bought and am moving next month, but I bought at rateable value, if your house is way more expensive than its value at Jan '05 you might find it hard to shift.

Have a look and check the value of your house here:

http://lpsni.gov.uk/vlistdcv/search.asp?submit=form

House prices will be still falling for a long time here so you need to price it less than your neighbours, cut your losses, if everyone can do this then it'll get the market moving again albeit at lower transaction prices. Yes, your neighbours might be on at the same price, but if it's not selling then........

DROP THE PRICE

So would you say we're at '05 prices then?
If so that would be a shock!

crusty_toenail

elvis_girl wrote: »

So would you say we're at '05 prices then?
If so that would be a shock!

Give it a year or two and you will see most properties on at the rateable value. At the moment some at rateable value, and in areas like East/South Belfast you can get some properties at rateable value although most need a bit of modernisation.

Check out the BBC news today, house prices still falling in NI and this will be happening for along time.

You hear older people who own their own houses saying 'now is a good time to buy before they go up again'. This is nonsense.

If you really want to sell you need to price it at 10-15% over rateable and check out the rateable value for the house you are buying and make sure you are getting it for the same or less increase over rateable..... .. At least you have more chance of getting your house sale agreed and then able to put offers on other houses, and less chance that your own sale will fall through!

All the best,

Crusty

elvis_girl

Good advice thanks!