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

CRASH_BANG_WALLOP

MrRee wrote: »

Hang on to your hats - this is it - the boom is coming - 2012 ... the year the winners once more pulled way ahead of the losers!!

dude have i missed something or is this classic mr ree?
have the bank dudes started lending like theres no tomorrow? has unemployment suddenly fallen man? if so then yes 2012 will be another boom! if not then this dude is another post of FAIL from mr ree

ruggedtoast

MrRee wrote: »

Staggering ..... even faced with overwhelming odds the bears are sticking their heads in the sand.

I have been saying since last summer that there is a boom going on in the South .. regardless of the various indicies .. I could see what was happening on the ground.

No crash, no possibility of a crash, not even a sniff ....... anyone sitting and hoping have missed the boat, missed the train and missed their chance - the jolly old House Price Train just keeps on rolling!!

What absolutely FANTASTIC news - REJOICE!!

We need a healthy Housing Market - so much is dependant upon home owners feeling richer as each week passes ..........................

Hang on to your hats - this is it - the boom is coming - 2012 ... the year the winners once more pulled way ahead of the losers!!

You my friend, are divorced from reality.

MrRee_2

On the contrary ... I am witnessing the figures from RightMove.

Like it or loathe it - if you haven't bought yet, you are starting to look very, very, silly!!

moneyinmypocket

Our house in the middle of the street, our house goes up in price every week

Mr._Pricklepants

Here's my prediction for 2012:

February 2012 : "It's just asking prices."
July 2012 : "It's a dead cat bounce."
September 2012 : "It's not fair!"

CRASH_BANG_WALLOP

MrRee wrote: »

On the contrary ... I am witnessing the figures from RightMove.

Like it or loathe it - if you haven't bought yet, you are starting to look very, very, silly!!

ok dude so now RM are great? see post 45 man

MrRee_2

What people seem to miss is that the Search activity from House Buyers in January was at record high levels.

This means, for the half-wits amongst us, that buyers WANT to buy now ...... they are ACTIVE in searching for properties ... this leads to sales and to price increases.

The stock is so limited that if you want to buy, you will have to pay what the seller tells you to - end of.

IveSeenTheLight

Batchy wrote: »

People there is inflation, whether you can afford it or not is another thing.

A house will never cost the same as a 100k loaf of bread.

Water could soon be the new Gold!!

I need water to survive.
I don't need gold.

Percy1983

Interestingly there was a decent crash around me, I seem to have bought at the bottom of it too (more luck than judgement).

Eitherway asking prices still mean very little, I will happily say this increase or decrease.

Mr._Pricklepants

Percy1983 wrote: »

Interestingly there was a decent crash around me, I seem to have bought at the bottom of it too (more luck than judgement).

Well done Percy.

What the doomers also seem to ignore is that restricted lending conditions in the past 3-4 years means an increasing number of FTB's with a decent deposit now entering the market.
They talked to their bank in 2010 with a 5% deposit and the bank said 'no'. They went back to the bank in 2012 with 20% deposit and the doors open wide now. Good news :T