Is anyone still looking at houses to buy?

Hailstorm

geoffky wrote: »

Have a look on http://www.home.co.uk/ and put in your postcode..look at house prices tab and market information and you can see the time its taking on average to sell in your area. my area is 372 days to sell on average. up 44% this year.

I think the data on that site might be a bit dubious. I put in my postcode and it came up with 2 dubious stats.

1 - House prices for the area have gone up 38% in the past year.

2 - Semi detached houses are worth more than detached.

Neither sounds quite right to me.

timbo58

brit1234 wrote: »

I think sellers are holding out for recovery say the spring bounce. When that doesn't appear like the September bounce I think they will start becoming more realistic.

I won't be actively looking till May, prices would have been falling for near a year then.

I think this is spot on.
I've been waiting ages for my share of the equity in a house split and now I've got it all the houses I liked have gone!
Most of the EAS I spoke too say that a lot of sellers are just advertising at the price they need to sell at and not accepting offers at all, so rather than me saying 'up to £150k ish' now I am saying max offered £140k, as I only have a 21k deposit saved.

I looked at 3 yesterday:
house number one -waste of time and still fuming as 'rear access to the garden' was a removable fence panel and a 4 foot wall drop! house was really nice too, although about 7k over the average for the street.

house number two -sellers and EA there: very scruffy and some damp showing but not ideal weather for viewing I suppose and the expensive character bits seem to be there (although the cast iron fireplaces we missing and it just had holes! -they aren't THAT expensive!).

House number three was lovely but had no character features. so a real shame.

I was going to look at another today but my car is now stuck on a steep hill in the snow so unless the trains are ok I think that'll be a non starter.

I shall keep on looking, but when the warmer weather comes I want to start rebuilding my motorbikes and I need a garage!

tyllwyd

Hailstorm wrote: »

I think the data on that site might be a bit dubious. I put in my postcode and it came up with 2 dubious stats.

1 - House prices for the area have gone up 38% in the past year.

2 - Semi detached houses are worth more than detached.

Neither sounds quite right to me.

I'd go back and have a look at the number of houses sold in your area - perhaps the sample is so small that the stats are thrown out. Also, I'd do another search and look over a longer time period than one year, that might show the trends up and down more clearly. And when I look at the site I don't search by postcode I search on the town, because certainly in our area our postcode covers a huge area of very different types of housing, so looking at our local town is more representative.