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

shortchanged_2

abaxas wrote: »

So the 'get people to overvalue then reduce later' index is on the up.

Or the 'lets see how long we can have a property on the market without any viewings competition.'

Mr._Pricklepants

abaxas wrote: »

So the 'get people to overvalue then reduce later' index is on the up.

Yep, that property which was on the market for 100K before, which you might have got with a cheeky offer of 95K, is now on the market for 105K and could be yours for offers around 100K

AndyGuil

Mr._Pricklepants wrote: »

Yep, that property which was on the market for 100K before, which you might have got with a cheeky offer of 95K, is now on the market for 105K and could be yours for offers around 100K

It is quite easy to find out the previous sales for similar properties and then offer less than that.

Mr._Pricklepants

AndyGuil wrote: »

It is quite easy to find out the previous sales for similar properties and then offer less than that.

Of course Andy, by all means, offer less.
Don't expect a call back from EA or seller though.

ILW

homelessskilledworker wrote: »

Let him...

This really does not matter, what matters is that you know what is coming, REALLY KNOW.

People eventually would never put up with high food or water costs, and housing will be no different.
These things move in cycles and it does not matter at all what any one poster on this board says, there will be a rebalancing, it's justy Karma, ying and yang:)

Let the Bull Trolls keep on deluding themselves(and I do not think Hamish a troll on the whole), they are aware of a future property crash as much as any bear on this board. Probably 90% of them are getting angry at the crash loving bears because it means they will lose their imaginery gains.

The golden economic period that Gordon Brown had us believe would go on forever is long gone, yet people are still behaving like it is here.

Patience boys, it will happen but not on your terms.

Yes they do, if they want to eat and drink.

AndyGuil

Mr._Pricklepants wrote: »

Of course Andy, by all means, offer less.
Don't expect a call back from EA or seller though.

It works all the time, it is a little more than offering less. They are selling for less too.
Asking: https://www.home.co.uk/guides/asking_prices_report.htm?location=london&startmonth=08&startyear=2011&endmonth=11&endyear=2011

Selling: https://www.home.co.uk/guides/house_prices_report.htm?location=london&startmonth=08&startyear=2011&endmonth=11&endyear=2011

shortchanged_2

God even the housing market is resorting to MFI, DFS style sales tactics now.

Best ever sale was £150,000 now £100,000. More likely though was £105,000 now £95,000

Pimperne1

Graham_Devon wrote: »

Who's complaining?

http://www.housepricecrash.co.uk/forum/index.php?showtopic=175453&st=31

Rinoa

AndyGuil wrote: »

It works all the time, it is a little more than offering less. They are selling for less too.
Asking: www.home.co.uk/guides/asking_prices_report.htm?location=london&startmonth=08&startyear=2011&endmonth=11&endyear=2011

Selling: www.home.co.uk/guides/house_prices_report.htm?location=london&startmonth=08&startyear=2011&endmonth=11&endyear=2011

Prices usually fall at back end of the year when you don't seasonally adjust. Best to use YoY for accuracy.

http://www.home.co.uk/guides/house_prices_report.htm?location=london&startmonth=11&startyear=2010&endmonth=11&endyear=2011

Great news for landlords.

CRASH_BANG_WALLOP

Pimperne1 wrote: »

http://www.housepricecrash.co.uk/forum/index.php?showtopic=175453&st=31

here we go dudes! the obligatory hpc post!