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Rightmove Feb: +4.1% - Prices rise at fastest rate in a decade!!!

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Comments

  • Batchy
    Batchy Posts: 1,632 Forumite
    Its a double edged sword, don't invest leave it in an ISA and get your 1% below inflation or even more of a gap,or buy a house, but be safe in the knowledge that soon there will be a bubble where you can make a killing! But knowing deep down it will never lose to inflation like cash will.

    On the plus side , your kids can use it while at uni and earn an income to pay the mortgage off, while not costing anything for accommodation as a student... Happy days! Taking some responsibility at last!

    Decisions decisions.... What to do...
    Plan
    1) Get most competitive Lifetime Mortgage (Done)
    2) Make healthy savings, spend wisely (Doing)
    3) Ensure healthy pension fund - (Doing)
    4) Ensure house is nice, suitable, safe, and located - (Done)
    5) Keep everyone happy, healthy and entertained (Done, Doing, Going to do)
  • :rotfl:

    "No more boom and bust".

    Now, where have I heard that before? :think:


    before the biggest financial mess since the great depression dude
    Maidstone Prices - average reductions at 8.5% (£19,668) Feb 2012 - We thought the dudes were not allowed to drop prices?
  • Plater
    Plater Posts: 22 Forumite
    before the biggest financial mess since the great depression dude



    It is now looking like the biggest financial mess ever. This time it is the entire world using fiat currency and the supply is expanding at an alarming rate. All it needs is for confidence to be lost somewhere around the world then everyone will look at their paper money and say OMG this is just a bit of paper with numbers on it too! Then comes the rush out of paper and into something tangible.
    It does not matter how many people would like to live in a property all that matters is who can afford it.
  • Let's get some meat on the bone
    • Posted by: Sibley

    Hello Sibley

    I expect Ting Tong would like 'some meat on the bone';)

    Sarah O'Grady
  • Hello Sibley

    I expect Ting Tong would like 'some meat on the bone';)

    Sarah O'Grady
    RISING confidence in the property market has seen house prices jump by more than £9,000 in the past month – the biggest leap in nearly a decade.

    I think that dudette Sarah should stick to doing the dishes. she doesnt know the Rightmove figures are based on ASKING prices dude :rotfl:
    sibley is in good company :T
    Maidstone Prices - average reductions at 8.5% (£19,668) Feb 2012 - We thought the dudes were not allowed to drop prices?
  • Sibley
    Sibley Posts: 1,557 Forumite
    Ninth Anniversary Combo Breaker
    Hello Sibley

    I expect Ting Tong would like 'some meat on the bone';)

    Sarah O'Grady

    Hi Jimmy Kranky.

    Thank you. Now you let me know that you saw my Express post and its twisted you up. Oh by the way it was supossed to do that.

    Congratulations. You are the first of many today haha:rotfl:
    We love Sarah O Grady
  • MrRee_2
    MrRee_2 Posts: 2,389 Forumite
    Massive price rises fuelled by scarce sellers in cash-rich market sectors where demand exceeds supply. This is the picture in the South.

    “Buyer appetite is turning up the heat and the housing market is simmering again as a result. The buy-to-let market is back on the boil and we’re doing a lot more lending there than this time last year.

    “Landlords are getting high yields off strong rents as tenants compete for homes. That’s encouraging them to increase the size of their portfolios.”

    The market isn't just thawing - it's beginning to cook!!

    Winners REJOICE!!

    Wave to the losers still sat on the platform HAR HAR HAR HAR HAR Bye, Bye ............. :)
    Bringing Happiness where there is Gloom!
  • Timm
    Timm Posts: 17 Forumite
    Part of the Furniture Combo Breaker
    Fun for the bulls, but agents always go after instructions in the new year, and push valuations in an attempt to get the business.

    Rightmove
    Feb 2010: Up 3.2%
    Feb 2011: Up 3.1%
    Feb 2012: Up 4.1%

    If RM produced SA figures, they would probably be about +1% for this last release, which is interesting, but not astonishing.
  • ruggedtoast
    ruggedtoast Posts: 9,819 Forumite
    Sibley wrote: »
    http://www.express.co.uk/posts/view/303263

    Now the full power of the Daily Express is behind the rise.

    Its unstoppable now.
  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    My thread from last year - 'The comming new prosperity era' seems to be lining up nicely.

    Devon, remeber what I said about making economic predictions - you don't track a linear projection line from a current scene, you instead look around around the corner. Blighty is a beacon against a very unerving Euro zone backdrop. The rebalancing of the economy is underway. The new boom is dawning.
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