We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Debate House Prices
In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Homeowners slash asking prices at fastest rate this year
homelessskilledworker
Posts: 1,664 Forumite
The number of homes that have had their original asking price chopped has reached a nine-month high, research has found, as sellers looked to combat a lack of interest from the wet summer and the distraction of the Olympic Games.
Research from property website zoopla.co.uk found that 37 per cent of properties for sale in Britain have had their asking prices cut at least once since they were listed.
And it isn’t a small amount of
Read more: http://www.dailymail.co.uk/news/article-2188187/Almost-40-homes-asking-prices-cut--average-19k.html#ixzz23bqe8J6V
Research from property website zoopla.co.uk found that 37 per cent of properties for sale in Britain have had their asking prices cut at least once since they were listed.
And it isn’t a small amount of
Read more: http://www.dailymail.co.uk/news/article-2188187/Almost-40-homes-asking-prices-cut--average-19k.html#ixzz23bqe8J6V
0
Comments
-
I blame the wrong type of Olympics.0
-
http://www.telegraph.co.uk/finance/personalfinance/borrowing/mortgages/9475426/House-sellers-cut-prices-in-record-numbers.html
Property owners have been forced to drop their asking prices this summer in order to secure sales, with a record 37pc of properties for sale across the country having had their price reduced, according to research.
The average asking price reduction now stands at just under £19,000, with the biggest bargains being found in the North Photo: CLARA MOLDEN
By Rebecca Choules
3:52PM BST 14 Aug 2012
6 Comments
The figure was 34pc three months ago, according to property website Zoopla. The number of properties for sale that have been reduced in price at least once by their owners is at a nine-month high.0 -
So what your pointing out is that at long last some people are realising that their house is way over priced and wait for it................is only worth what someone else is willing to pay for it.0
-
Who's brewing the coffee?0
-
So what your pointing out is that at long last some people are realising that their house is way over priced and wait for it................is only worth what someone else is willing to pay for it.
Could'nt agree more,i recently offered £1500 on a 2011 Porsche 911 turbo,its all i was willing to pay for it.Official MR B fan club,dont go............................0 -
About time vendors got realistic.
For too long in the UK many people have expected house prices only rise.0 -
The standoff continues, but it appears that the vendors have maybe blinked first!There is a pleasure in the pathless woods, There is a rapture on the lonely shore, There is society, where none intrudes, By the deep sea, and music in its roar: I love not man the less, but Nature more...0
-
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.2K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.3K Work, Benefits & Business
- 601K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards