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About to buy a house.....help!!
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No I dont think HIPS has had any real impact on prices - I certainly wouldnt buy right now. I have been looking to move and have found some properties that almost would work but the purchase price plus the cost of improving/redecorating makes them over priced in my opinion. I will continue to look and am confident that prices will soften materially over the next 6 months.0
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Doozergirl wrote: »......
I don't for a second believe that vendors are dropping their asking prices just yet. Asking prices will fall in response to buyer demand and that won't register for a few months after any marked drop in demand.
From my limited research (looking for somewhere), it seems that asking prices aren't dropping yet, but the price which is paid definitely seems to be increasingly below the asking price in many cases.
Give it time!0 -
Doozergirl wrote: »Oh Yeah. Ooops! I read that wrong!
No you read the press release and commentry right.
Why the detailed information does not tally with the press release and headline information I'll leave for others to comment on.0 -
SunnyBrighton wrote: »From my limited research (looking for somewhere), it seems that asking prices aren't dropping yet, but the price which is paid definitely seems to be increasingly below the asking price in many cases.
Give it time!
Wanst there somewhere a few years back that gave sale price as a % of asking price?Mortgage debt - [STRIKE]£8,811.47 [/STRIKE] Paid off!0 -
Wanst there somewhere a few years back that gave sale price as a % of asking price?
www.hometrack.co.uk
my area:
0% change in price
10 viewings to sale
95% of asking price acheivedEverything that is supposed to be in heaven is already here on earth.
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