House Market Quiet

sheff6107

phoebe1989seb wrote: »

Guess we've been lucky then

2007 - accepted offer first week in October. Completed on sale and onward purchase 30th November 2007.

2012 (parents' house) - accepted offer mid October. Completed mid December 2012.

2014 - accepted offer 10th October. Completed on sale and onward purchase 16th December 2014.

Were your onward purchases into chain frees or empty properties? Usually takes at least a month for the vendor to find a house and have an offer accepted in my experience.

Crashy_Time

stueyhants wrote: »

I'm only a few miles east in the New Forest in a desirable village and it's gone really quiet in the last few weeks. There was an early September bounce but it's gone now. There are double the numbers of houses for sale compared to earlier in the year. It might be a blip but it feels the market is changing direction.

Good news for sensible people, money savers and any "crashists" who may be lurking in your area. :T

Crashy_Time

Bluebirdman_of_Alcathays wrote: »

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

Some type of storm is on the way, that`s for sure.....


https://www.theguardian.com/business/2016/oct/10/deutsche-bank-shares-slide-again-after-fresh-speculation-over-us-penalty

Crashy_Time

https://www.theguardian.com/money/2016/oct/11/cut-stamp-duty-revive-housing-market-estate-agents-property-prices-haart

Bluebirdman_of_Alcathays

Crashy_Time wrote: »

https://www.theguardian.com/money/2016/oct/11/cut-stamp-duty-revive-housing-market-estate-agents-property-prices-haart

A really, really poor effort Crashy.


This is not news - clickbait from a newspaper that is probably being paid to run the Advertorial. Estate Agents always want SDLT to be lowered!!


1.1% is very minor, and just goes to show that prices do not go up each and every month. I welcome a correction to the market, I really do. However, I would be astonished if it were as hard and fast as you want/need. Until the day comes that we build 1m homes a year, there will simply never be supply to meet demand, and the long term trend will be upward.

Crashy_Time

Bluebirdman_of_Alcathays wrote: »

A really, really poor effort Crashy.


This is not news - clickbait from a newspaper that is probably being paid to run the Advertorial. Estate Agents always want SDLT to be lowered!!


1.1% is very minor, and just goes to show that prices do not go up each and every month. I welcome a correction to the market, I really do. However, I would be astonished if it were as hard and fast as you want/need. Until the day comes that we build 1m homes a year, there will simply never be supply to meet demand, and the long term trend will be upward.

Where are the million plus homeless living just now?

Bluebirdman_of_Alcathays

Crashy_Time wrote: »

Where are the million plus homeless living just now?

There aren't a million plus homeless Crashy.

kilby_007

Bluebirdman_of_Alcathays wrote: »

There aren't a million plus homeless Crashy.

Did you not just contradict yourself, or am I missing something?

mije1983

kilby_007 wrote: »

Did you not just contradict yourself, or am I missing something?

I can't see where a million homeless were mentioned?

kilby_007

mije1983 wrote: »

I can't see where a million homeless were mentioned?

Bluebird said we need to build 1 million homes per year to keep up with demand. Doesn't that suggest that 1 million people (per year) have nowhere to live? If you're arguing that those people are renting, then there's not a shortage of homes, there's too many landlords.