House Market Quiet

Miss_$

Is anyone else finding the market is really quiet at the minute?

ooSTEVEoo

Very quiet! (Richmond upon Thames)

G_M

Shhhhh.... we're sleeping......!

Crashy_Time

Calm before the storm?

Miss_$

Crashy_Time wrote: »

Calm before the storm?

I really hope so!!

Bluebirdman_of_Alcathays

Miss_$ wrote: »

I really hope so!!

Crashy means a different storm to the one you're hoping for, I suspect.

ThemeOne

The last few months of the year are traditionally a quieter time, so it can be a good time for buyers to put in some low offers - some sellers can't wait until next spring to move.

Phirefly

This time of year people are starting to get nervous about the timing of Christmas, I think. I'm not even that bothered about Christmas but when it was looking like our completion date was going to be at the start of December I was all "err that's a bit too close to Christmas for comfort". Its irrational but understandable, particularly since many people have children to consider.

bmthmark

Its not down sunny south. In Bournemouth houses are selling very quickly and also for ridiculous prices.

phoebe1989seb

bmthmark wrote: »

Its not down sunny south. In Bournemouth houses are selling very quickly and also for ridiculous prices.

Friends of ours went SSTC within a week in Bournemouth and when their buyer pulled out - couldn't get a mortgage after all - they found another buyer within days who offered more than the first one. Exchange is hopefully imminent

Where we are currently - West Midlands - it's a very different story. In our lane and the surrounding area there are a few properties on the market in very different price bands (ranging from £250k to £1.5m) and very little is shifting atm. Neighbours (£850k) told us this week they've had one viewing since their house went on the market in August and they expect it to take three years to sell! Another neighbour (£350k) who had been trying to sell since June with one reduction, but still seriously overpriced imho, withdrew it from the market on Tuesday.

Phirefly - we've previously accepted offers in early October (when selling in Hants and Wilts) and were happy to complete in late Nov/mid Dec. Whilst we no longer have kids at home, in all those cases our buyers did and the last ones in particular (three kids aged between eight and fourteen) were determined to be in by Christmas even if it meant moving on Christmas Eve :eek:

sheff6107

Never understood the buying in autumn to get in by Christmas idea. You need 3 months minimum, so really you'd need to have an offer accepted by 1st September to have a decent of getting in in time and taking inevitable delays into account.

And yes, the market has died a death pretty much on the same day Cameron first announced the referendum in spring.