Debate House Prices
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House prices in the real world....
Comments
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Why do plebs like you and Graham insist that everything must be a lie? You assume everyone is at your sad little level.
As it stands my offer of £184 is still the highest but the EA and the owner are convinced they will get an offer of asking today as someone is coming back for a 4th viewing.
My initial offer of 180 was rejected by the EA on the vendors behalf the second I made it.
My offer of 184 was met with a sigh and "heh, ok well I'll forward it on anyway".
The market does seem to be moving evermore towards the vendor, rather than the purchaser with achieved prices now typically within 3% of asking:
http://www.rightmove.co.uk/news/articles/property-news/property-selling-prices-edge-closer-to-asking-prices0 -
...sorry but you're wrong. They are not going to go down, the crash has been and gone.
Granted, they rean't going to leap by big chunks up and up each year but they are dribbling up bit by bit to keep up with inflation.
Remind me what's been the increase in inflation since property prices peaked in 2007?0 -
The market does seem to be moving evermore towards the vendor, rather than the purchaser with achieved prices now typically within 3% of asking:
http://www.rightmove.co.uk/news/articles/property-news/property-selling-prices-edge-closer-to-asking-prices
Which again I imagine is very likely down to 'the London effect'.0 -
shortchanged wrote: »But do you genuinely believe that an EA would laugh at an offer which is less than 5% under the asking price?
Yes - what's the problem?
We could do with Brit to comment - I reckon the buyers strike is over.0 -
Yes - what's the problem?
We could do with Brit to comment - I reckon the buyers strike is over.
Showing your true colours now wotsthat. So someone puts in a perfectly reasonable offer.....the estate agent laughs at this, and that's reasonable and acceptable behaviour is it?0 -
The only reason the HPI nutters want prices to rise is so they can borrow some more money.
What a sad bunch of chancers.
I want it so that we have an even larger retirement fund. I have to say though that we are perfectly satisfied with what we would have if we sold right now, but we aren't going to turn our noses up at even more.Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop0 -
shortchanged wrote: »Showing your true colours now wotsthat. So someone puts in a perfectly reasonable offer.....the estate agent laughs at this, and that's reasonable and acceptable behaviour is it?
Why not PM Joeskeppi and ask for the name of the estate agent? You could put a complaint in on his behalf if you're that outraged.0 -
Why not PM Joeskeppi and ask for the name of the estate agent? You could put a complaint in on his behalf if you're that outraged.
Good idea.0 -
Going4TheDream wrote: »I woudnt say 'crash' is the right term more like an ongoing natural adjustment, trickling down slowly just as some prices are rising slowly.
Lets not forget the housing market doesn't just consist or London/ the SE and Aberdeen or the more exclusive areas of bigger cities and the larger increases these locations may enjoy when applied to national figures will obviously dilute the losses and make the picture look more favourable overall.
I live in a very nice area in a very large detached house, these properties do not come on the market often and because of the area sell fairly quickly at at asking price when they do. Yet around 70% of terraces,semi's, flats and newbuilds within a mile or two miles bought around the time of the boom are selling at a loss.
This cannot be unique to my locality and is likely a story in many parts of the country? We may not be seeing a crash per se but natural adjustment is still occurring.
This isn't a convincing argumment though...your house is a big swish one so it's high but the rest aren't?
The smaller stuff isn't selling at a 'loss' maybe it's just selling at a lower price because there is more of it?
Prices are not as low as 2009/2010 in most areas.
Contact the vendor directly. We did and just bought at a lot less than asking....but then it was in a state + ' over priced' in our view....and then we found out vendor was a bit strapped so keen to do a deal. He has been trying to flog it for a while @ 159 and we just bought @ 125.Why do plebs like you and Graham insist that everything must be a lie? You assume everyone is at your sad little level.
As it stands my offer of £184 is still the highest but the EA and the owner are convinced they will get an offer of asking today as someone is coming back for a 4th viewing.
My initial offer of 180 was rejected by the EA on the vendors behalf the second I made it.
My offer of 184 was met with a sigh and "heh, ok well I'll forward it on anyway".
No idea ThrugThrugelmir wrote: »Remind me what's been the increase in inflation since property prices peaked in 2007?
All I know is day to living costs are up and house prices were going to follow up behind at some point.
I could try and guess though......say 4% pa for 5 years. How do I work that out? Do I times 4% by 5 so = 20%?
Snag is wages aren't keeping up but the change is deeper than that. I think there could be a return to property being owned by fewer people. One of those society changes that creeps up and you don't notice it until something flags it up one day.0 -
No idea Thrug All I know is day to living costs are up and house prices were going to follow up behind at some point.
If disposable incomes for the majority are falling then be interesting to know how house prices can follow........
Not that prices bore much relationship to inflation for a number of years. More to lax lending .0
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