We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

The current market ??????

124»

Comments

  • diable
    diable Posts: 5,258 Forumite
    The other sellers also have a minimum price they will drop to otherwise they will stay put and think they will ride out the storm. Do you have to sell?
  • Angela_D_3
    Angela_D_3 Posts: 1,071 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    diable wrote: »
    The other sellers also have a minimum price they will drop to otherwise they will stay put and think they will ride out the storm. Do you have to sell?

    It's complicated but no we don't have to sell, his mother on the other hand is desperate to get out of where she lives and has sold her place and wants to move in with us. That could/would work providing we can find somewhere big enough to accommodate us all at the right price.
    Worse case scenario she'll have to rent but we'll never here the bloody end of it tbh.
  • tyllwyd
    tyllwyd Posts: 5,496 Forumite
    I was feeling downbeat when I posted on this thread a couple of days ago, but I'm starting to think that in fact the market is starting to wake up again - we've been on the market since May last year, but we've had a handful of viewings in the last few weeks, and an offer (although not a very good one). We started looking seriously about buying last week, and a couple of the houses we viewed then have since sold. So my gut feeling is not to get panicked into selling too cheap, do your research and make your own mind up about the appropriate price. Prices might not go up, but at least in this area I don't think they are going into freefall just yet.
  • brit1234
    brit1234 Posts: 5,385 Forumite
    tyllwyd wrote: »
    I was feeling downbeat when I posted on this thread a couple of days ago, but I'm starting to think that in fact the market is starting to wake up again

    I'm starting to think the exact opposite. All the news the last couple of days about cuts has been very disheartening. So many different cuts in our wages and even higher pension contributions when we pay a fortune already.

    I can only see house prices going down at this point and where before I was happy with this I am now starting to think even if they do go down I still wont be able to afford after this batch of cuts.
    :exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.

    Save our Savers
  • geoffky
    geoffky Posts: 6,835 Forumite
    have a look at the tom (time on market) in your area using this http://www.home.co.uk/guides/time_on_market_report.htm?location=ch4&all=1
    It is nice to see the value of your house going up'' Why ?
    Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
    If you are planning to upsize the new house will cost more.
    If you are planning to downsize your new house will cost more than it should
    If you are trying to buy your first house its almost impossible.
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.3K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.2K Work, Benefits & Business
  • 603.9K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture