Rightmove: Buying Window is next 12-18 months

purch

My Windows are fine thankyou very much.

ILW

HAMISH_MCTAVISH wrote: »

The buying window for the best deals was early 2009.

But interesting to see the prominent forecasters such as Miles Shipside acknowledge mortgage rationing is excuding large numbers from home ownership, and also accepting prices will start to rise markedly from 2012 onwards anyway.

Perhaps Miles has finally noticed the FTB demographic bubble that starts in 2013 and last til 2025, and is bigger than the boomer generation......

I cannot see a spokesman for a company that is gets its revenue from estate agents saying " dont buy anything for the next few years" no matter what the market is doing.

mystic_trev

Sibley wrote: »

I dont want any of the doom and gloomers buying a house in the window. I want them priced out forever.

I want to see their manky faces at my house parties all twisted up wishing they were in my shoes.
(Which are Prada actually) :rotfl:

I thought you lived in Maidstone Sibley?

http://www.chavtowns.co.uk/2004/10/maidstone-town-centre/

:rotfl:

Dirk_Rambo

Sibley wrote: »

I dont want any of the doom and gloomers buying a house in the window. I want them priced out forever.

I want to see their manky faces at my house parties all twisted up wishing they were in my shoes.
(Which are Prada actually) :rotfl:

behave yourselve sibeley. you alraedy got rejected by hpricecrash.co.uk. if you get banned from here youll have no home to go 2. welcome abored all the same

nembot

The buying window actually looks like it'll be considerably better "AFTER" what rightmove suggest.

Who'd of thunk that eh?

Especially with the current "Downward" trend.

Davesnave

Dirk_Rambo wrote: »

behave yourselve sibeley. you alraedy got rejected by hpricecrash.co.uk. if you get banned from here youll have no home to go 2. welcome abored all the same

That's very magnanamouse of you Dirk. Personally, I am still smarting over the size 7 shoe comment by that new bloke. Definately below the belt....:(

Anyway, glad Rightmove say I got in the right window. I was begining to think this house was a load of carp, but now I realize it was a smart buy. :beer:

the_flying_pig

This is fair enough as a new thread since it's a new quote that just came out today.

But we mustn't forget that it's coming from the mouth of an estate agent. I'd instinctively look westwards if one of that lot told me that the sun was rising in the east...

DervProf

chucky wrote: »

you are right - people do say this

but it's never a bad time to buy - unless you can predict the future and know when the better or even worse times to buy are. you just don't know...

Absolutely.

You only ever know if it was "good" or "bad" time to buy after a period of time, when you can look to the past.

Unless you name is Hamish, of course. Not only has he told us that his predictions from a year or two back were correct, he said the other day that house prices were at peak affordability. I can`t quite work out how you can say that something is at peak affordability, unless it has never been cheaper to buy, and you know for a fact that it will never be as cheap again.

chucknorris

DervProf wrote: »

Absolutely.

You only ever know if it was "good" or "bad" time to buy after a period of time, when you can look to the past.

.

That's simply not true, if I am achieving a decent yield, getting a good mortgage rate that both equate to a decent profit margin, that's all I need to know

chucky

DervProf wrote: »

Absolutely.

You only ever know if it was "good" or "bad" time to buy after a period of time, when you can look to the past.

Unless you name is Hamish, of course. Not only has he told us that his predictions from a year or two back were correct, he said the other day that house prices were at peak affordability. I can`t quite work out how you can say that something is at peak affordability, unless it has never been cheaper to buy, and you know for a fact that it will never be as cheap again.

the peak affordability argument isn't really an argument it's just an opinion just as the claim that it's better to rent than buy - everyone has different circumstances for it to be better or worse.

to be fair to Hamish though i see his main point is that he isn't totally looking at the ticket price of the property and is also considering mortgage rates too. he's probably been right in the last 12-18 months. if you compare the people telling him that he is wrong and property is going to crash or fall - it hasn't so Hamish is probably right.

i can't agree with everything that Hamish says or even his style but he has been more right than most on here...