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

MrRee_2

Sibley wrote: »

http://news.sky.com/home/business/article/16173390

The media are on this like a shot.

There won't be a homeowner in the UK not adding at least 20k to their property value.

Decent houses are in demand now. Prices will be over 2007 levels if the place is right.

That's very true .... prices here in the South are, at least, at the levels last seen in 2007.

You just can't stop the housing bubble .... it's mad, but that's the fact of the matter.

Boils down to simple supply and demand .... people are demanding homes and there is very little choice as not enough are for sale.

MrRee_2

chewmylegoff wrote: »

the problem with this forum is that there are no moderators. if there were, then threads wouldn't get ruined by immature trolls like yourself squeaking at each other.

And we would finally see that I only post as me ..... that's to be encouraged.

We will still disagree - that's OK - what I am NOT is a TROLL.

Can you not even comprehend that others have different views to yourself and that they express themselves in differing ways?

RenovationMan

I haven't had much interest in house prices since I bought in 2010, but after receiving some flack about the valuation on my signature never changing (It's a mortgage valuation so it doesn't change until I get another mortgage :rolleyes: ), I thought I'd see how my area was looking.

I was astonished to see that, according to the BBC, prices in Oldham had risen 9.3% last quarter!

http://news.bbc.co.uk/1/shared/spl/hi/in_depth/uk_house_prices/html/bp.stm

Does anyone have a link to the landregistry sold prices to see what the gain/loss has been since I bought in May 2010 (Post Code OL3).

Sibley

Hahaha.

HPC thread on this subject getting ignored. They can't even speak about it whoop whoop.

At the bottom of the lighthouse like little boats. Smashed on the rocks. :rotfl:

AndyGuil

Sibley wrote: »

Hahaha.

HPC thread on this subject getting ignored. They can't even speak about it whoop whoop.

At the bottom of the lighthouse like little boats. Smashed on the rocks. :rotfl:

I find the blindness to the real changes and threats to the market quite off putting. It is this blind ramping that is niave and very funny. Asking prices and selling prices are completely separate. It is well known EA tactic when they are having issues with very low offers, they mark it up to make it appear a better bargain when it gets discounted more. That is shown by my links earlier to the increasing asking price, but falling sale price very recently.

In reality there are major economic issues looming. The Eurozone is a large threat to the housing market and economy. Inflation is still high. Salaries are not keeping up with inflation. Deposit requirements are high. Salary ratios are restrictive because it is harder to lie and/or get higher ratios.

On the plus side the current interest rates are low. This will get out of hand when the Eurozone collapses and the markets suffer a credit crunch, recession and increase the cost of debt.

CRASH_BANG_WALLOP

CRASH_BANG_WALLOP wrote: »

i'll leave this thread now and let mr ree talk to himself in the form of mr. pinkpants and moneyinmypocket :T

I'll add that dude sibley into that little team because if by magig he has appeared!. sibley man how come Rightmove is cool to you when ASKING prices are positive yet you're the same dude who dismisses it when its negative.

CRASH_BANG_WALLOP

AndyGuil wrote: »

I find the blindness to the real changes and threats to the market quite off putting. It is this blind ramping that is niave and very funny. Asking prices and selling prices are completely separate. It is well known EA tactic when they are having issues with very low offers, they mark it up to make it appear a better bargain when it gets discounted more. That is shown by my links earlier to the increasing asking price, but falling sale price very recently.

In reality there are major economic issues looming. The Eurozone is a large threat to the housing market and economy. Inflation is still high. Salaries are not keeping up with inflation. Deposit requirements are high. Salary ratios are restrictive because it is harder to lie and/or get higher ratios.

On the plus side the current interest rates are low. This will get out of hand when the Eurozone collapses and the markets suffer a credit crunch, recession and increase the cost of debt.

dont expect him to understand dude

chewmylegoff

MrRee wrote: »

And we would finally see that I only post as me ..... that's to be encouraged.

We will still disagree - that's OK - what I am NOT is a TROLL.

Can you not even comprehend that others have different views to yourself and that they express themselves in differing ways?

squeak squeak squeak said the silly little troll. have you really got nothing better to do with your time?

shortchanged_2

RenovationMan wrote: »

Does anyone have a link to the landregistry sold prices to see what the gain/loss has been since I bought in May 2010 (Post Code OL3).

Come on Renoman, don't keep us in suspense.

RenovationMan

shortchanged wrote: »

Come on Renoman, don't keep us in suspense.

Erm, I'm asking for the link because I don't have it?