Buyers Flooding Back To The Market

macaque_2

THE_GHOULS_PARADISE wrote: »

On an eve more positive front 62.5% had heard of MSE (moneysavingexpert) and 0.00% of HPC (housepricecrash).

Thanks to your straw poll, 100% know about HPC now!

treliac

THE_GHOULS_PARADISE wrote: »

Saturday afternoon bump for any young ftb browsing this site thinking of buying.

Oh goody, DH's cousin won't have to be repossessed after all !!!!

alpha23

THE_GHOULS_PARADISE wrote: »

Just spent an interesting afternoon with my friendly local Estate Agent and it appears that not 1 day after the excellent Halifax October HPI results of +1.9% cash rich and first time buyers are streaming back to the market eager to pick up a dream home bargain before prices rocket next year. Basically our rough 'back of a fag' calculations worked out that the SA (seasonally adjusted) TELIN's (telephone in enquiries) were UP +14.2% while ENQIN (walk in enquiries) rose and astonishing +21.2%. While many were waiting in line to speak to the EA's I took the liberty to perform a random straw hat poll to discover why their URGENCY to buy. It appears that while 90% had been waiting for prices to stabilize they now realized this had now finished and that prices were on the precipice of ROCKETING astronomically early next year. On an eve more positive front 62.5% had heard of MSE (moneysavingexpert) and 0.00% of HPC (housepricecrash). So it seems the ghouls arent as influential as they'd all have you believe.

"New buyer enquiries dropped for the fifth consecutive month as the housing market slowed further during October," Rics said.

"Respondents to the survey report that the market is generally cautious, with many buyers signalling that they are going to wait until the spring to make a decision."

Though to be honest replying to your tragic posts give them more credibility than they deserve.

'While many were waiting in line to speak to the EA's I took the liberty to perform a random straw hat poll'.

You might want to make your stories a little more credible by not making them so ambitious, i.e. trying to conjure up images of streams of people thronging to the EA's premises... its just such crap I wonder how you actually convince yourself to post it with the intention of actually fooling anyone.

And btw what the hell is a straw hat poll..?. It seems you are making up terms now as well as fairytales.

dopester

In this article, which I nearly posted up in the early hours of this morning but decided against doing so (Sibley and Hamish seemed to be the only ones in this section of forum at that time and I didn't want to rile them)... the North West is the focus of the main "doom and gloom".

Number of house hunters falls again
(UKPA) – 18 hours ago

Brain Jackson, of Ellis & Sons, in Southport, Merseyside, said: "A feeling of doom and gloom prevails over the market (during what) was once a busy period."

Jonathan Clayton, of Bentley Higgs & Co, Blackpool, Lancashire, said: "This is probably the quietest market we have seen in the past 20 years. The outlook is gloomy and there is a lack of confidence in the housing market. The lack of available mortgages is a major contributing factor."

http://www.google.com/hostednews/ukpress/article/ALeqM5i4JktmSIOMsqK-8wqU91mmQHj8iw?docId=N0235871289236816146A

DervProf

THE_GHOULS_PARADISE wrote: »

Just spent an interesting afternoon with my friendly local Estate Agent

Very revealing.

You spent an INTERESTING afternoon with an estate agent ?

You say he was friendly ?

He told you that "first time buyers are streaming back to the market" ?


:rotfl:


Must have been a "liquid lunch" - a rather large one.

(I suppose the "friendly" bit is believable.... all salesmen are friendly until thay have your cash).

Rochdale_Pioneers

Having just taken my house off the market due to lack of punters, I see the opposite. Estate Agent says he is seeing little demand for any property at anything other than vacant repossession prices. Barratts rep trying to shift houses on a development down in Notts says she sees plenty of interested punters who can't stump up the large deposits being demanded even if a mortgage is on offer. The only takers so I'm told are investors paying cash then renting out.

Procrastinator333

THE_GHOULS_PARADISE wrote: »

Just spent an interesting afternoon with my friendly local Estate Agent and it appears that not 1 day after the excellent Halifax October HPI results of +1.9% cash rich and first time buyers are streaming back to the market eager to pick up a dream home bargain before prices rocket next year. Basically our rough 'back of a fag' calculations worked out that the SA (seasonally adjusted) TELIN's (telephone in enquiries) were UP +14.2% while ENQIN (walk in enquiries) rose and astonishing +21.2%. While many were waiting in line to speak to the EA's I took the liberty to perform a random straw hat poll to discover why their URGENCY to buy. It appears that while 90% had been waiting for prices to stabilize they now realized this had now finished and that prices were on the precipice of ROCKETING astronomically early next year. On an eve more positive front 62.5% had heard of MSE (moneysavingexpert) and 0.00% of HPC (housepricecrash). So it seems the ghouls arent as influential as they'd all have you believe.

RICS (A slightly more reliable source) say otherwise:

http://www.rics.org/site/download_feed.aspx?fileID=7801&fileExtension=PDF

"New buyer enquiries declined in October with the net balance falling from -2 to -12"

Loughton_Monkey

Rochdale_Pioneers wrote: »

Having just taken my house off the market due to lack of punters, I see the opposite. Estate Agent says he is seeing little demand for any property at anything other than vacant repossession prices. Barratts rep trying to shift houses on a development down in Notts says she sees plenty of interested punters who can't stump up the large deposits being demanded even if a mortgage is on offer. The only takers so I'm told are investors paying cash then renting out.

I can only suggest you are mistaken. we have this most reliable information from the OP about an "astonishing" 21% increase in walk-in enquiries.

Are we to believe you didn't notice the long queue?

And are you trying to get us to believe that your Estate Agent (and indeed the Barratt Rep) both failed to inform you about the 'precipice' we are on where properties are due to 'rocket astronomically'.

I can only believe, sir, for some selfish reason, you are denying us all the truth in the hope of landing yourself a property at "pre-astronomic" prices.

Whatever you motives, please understand (by reading other posts) the highest esteem in which we all hold the OP, and understand that we don't want your realism (er... sorry... fantasy recollections) on these boards. Shame on you!

poppycod

THE_GHOULS_PARADISE wrote: »

Just spent an interesting afternoon with my friendly local Estate Agent and it appears that not 1 day after the excellent Halifax October HPI results of +1.9% cash rich and first time buyers are streaming back to the market eager to pick up a dream home bargain before prices rocket next year. Basically our rough 'back of a fag' calculations worked out that the SA (seasonally adjusted) TELIN's (telephone in enquiries) were UP +14.2% while ENQIN (walk in enquiries) rose and astonishing +21.2%. While many were waiting in line to speak to the EA's I took the liberty to perform a random straw hat poll to discover why their URGENCY to buy. It appears that while 90% had been waiting for prices to stabilize they now realized this had now finished and that prices were on the precipice of ROCKETING astronomically early next year. On an eve more positive front 62.5% had heard of MSE (moneysavingexpert) and 0.00% of HPC (housepricecrash). So it seems the ghouls arent as influential as they'd all have you believe.

possibly the most embarrasing post ever written on MSE.

That 7 people have thanked it beggars belief and should be shameful to those 7 people.

poppycod

THE_GHOULS_PARADISE wrote: »

Saturday afternoon bump for any young ftb browsing this site thinking of buying.

this is the reason you should be banned.

At last you admit to your true purpose here.