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

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Comments

  • chewmylegoff
    chewmylegoff Posts: 11,469 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Another thread ruined by MrRee and his stupid multiple identities. Thanks guys. I mean guy.
  • AndyGuil wrote: »
    Not quite; sales are going through below the asking price and frequently below the previous asking price, this is especially true at the lower end of the market (i.e. not mansions in London).

    Reported for inserting my name next to a quote which wasn't mine.
  • ruggedtoast
    ruggedtoast Posts: 9,819 Forumite
    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!!

    I have bought, but it is still you who are silly.
  • MrRee_2
    MrRee_2 Posts: 2,389 Forumite
    AndyGuil wrote: »
    Not quite; sales are going through below the asking price and frequently below the previous asking price, this is especially true at the lower end of the market (i.e. not mansions in London).

    Reported ... as misrepresenting the quoted members name.

    Against the rules and you should be banned for such breaches.
    Bringing Happiness where there is Gloom!
  • 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

    ok dude that old chestnut of "2012 will see a wave of ftb with huge deposits"

    thing is Mr ree its all in your head
    Maidstone Prices - average reductions at 8.5% (£19,668) Feb 2012 - We thought the dudes were not allowed to drop prices?
  • MrRee_2
    MrRee_2 Posts: 2,389 Forumite
    This is truly great news .. it means that the FTB's have now saved up the required deposits and are out there buying!!

    Utterly wonderful that the FTB's can realise the dream of owning their own home .. we can all REJOICE in that, surely?

    An active, strong, housing market is just what the doctor ordered to get the economy going again.

    If your house price goes up 5% in a month - say, £8,000 on average - then you are MUCH more likely to buy that new car, that new kitchen, that new suite and carpet ... it all knocks onto a brilliant 2012!!
    Bringing Happiness where there is Gloom!
  • Percy1983
    Percy1983 Posts: 5,244 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    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

    I do agree there is going to be a steady stream of FTBs making it now, but I don't think we will get to the same numbers as we did with the old system, so I don't think we will see the free for all which pushed prices up again.
    Have my first business premises (+4th business) 01/11/2017
    Quit day job to run 3 businesses 08/02/2017
    Started third business 25/06/2016
    Son born 13/09/2015
    Started a second business 03/08/2013
    Officially the owner of my own business since 13/01/2012
  • AndyGuil
    AndyGuil Posts: 1,668 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Another thread ruined by MrRee and his stupid multiple identities. Thanks guys. I mean guy.

    It's so obvious.
  • MrRee_2
    MrRee_2 Posts: 2,389 Forumite
    AndyGuil wrote: »
    It's so obvious.

    You have been reported accordingly, by two seperate posters.

    Expect a reprimand.
    Bringing Happiness where there is Gloom!
  • MrRee wrote: »
    If your house price goes up 5% in a month - say, £8,000 on average - then you are MUCH more likely to buy that new car, that new kitchen, that new suite and carpet ... it all knocks onto a brilliant 2012!!

    the posts of FAIL just keep coming dude!

    so let me get this straight man :eek:
    someone owns a house it goes up in value by 8k per month :rotfl:so that means the dudes feel richer and go out and spend? the dudes dont actually get 8k per month lodged into their back accounts man!

    classic stuff from mr ree! :T
    Maidstone Prices - average reductions at 8.5% (£19,668) Feb 2012 - We thought the dudes were not allowed to drop prices?
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