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property price prediction after economy worries

Hi all,

Just looking for some thoughts on this. I had an offer accepted on a house in Basingstoke South East a few weeks before the value of the economy started to slide.

I am confident that the house is at least 20k under what other properties have been selling for in simialr areas but do you think we could be looking at a property price fall, the same way shares have?

thanks alot.

Comments

  • dz6kb4 wrote: »
    Hi all,

    Just looking for some thoughts on this. I had an offer accepted on a house in Basingstoke South East a few weeks before the value of the economy started to slide.

    I am confident that the house is at least 20k under what other properties have been selling for in simialr areas but do you think we could be looking at a property price fall, the same way shares have?

    thanks alot.

    "a few weeks before the value of the economy started to slide."

    What, did you make the offer in 2006?
  • dz6kb4
    dz6kb4 Posts: 40 Forumite
    wrong words to use, you know what I mean though. before the FTSE/DOW plumeted after the debt scares.

    Property prices SOuth East have been stable but will that change on the back of this???
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