is it a Crashy wind up ?

westernpromise

You do wonder what the value of that policy is.

padington

Quite from HPC ...

2 hours ago, GreenDevil said:

'Just reviewed Rightmove and PropertyBee for my local area. Grim reading, everything that was sticking before xmas is now under offer. Stuff selling at previous crazy fantasy prices.

I cant believe that December prices have taken another leg up. Crazy.

Is there a need for a housepricecrash web site any more?'

kilby_007

I'm surprised Foxton's are opening more branches after their quarterly trading statement today! Share price opened at 86p - 12% down overnight!

noddynoo

267 properties have come on here since boxing day 7 have sold. There are many reductions on old stock but new stuff still coming on at silly prices and not shifting. I was invited to 2 open days 21 Jan and I said no I couldn't make it and both offered me same day viewings immediately I said no!! It only takes one seller to take a significant hit to influence others and so I am waiting now until at least April when A50 will finish the job

Jack_Johnson_the_acorn

noddynoo wrote: »

267 properties have come on here since boxing day 7 have sold. There are many reductions on old stock but new stuff still coming on at silly prices and not shifting. I was invited to 2 open days 21 Jan and I said no I couldn't make it and both offered me same day viewings immediately I said no!! It only takes one seller to take a significant hit to influence others and so I am waiting now until at least April when A50 will finish the job

Whoa Whoa slow down. You think the xmas period is a good time to judge the property market???? You sound as deluded as Crashy. :eek:

padington

Crashy's quiet ? Hasn't he got back from Wooders yet ? Or is he unsure what to make of this thread

noddynoo

Jack_Johnson_the_acorn wrote: »

Whoa Whoa slow down. You think the xmas period is a good time to judge the property market???? You sound as deluded as Crashy. :eek:

I work in property Have done for 14 years There is a definite shift happening Nothing selling at all from before Xmas either in fact post April SD changes it dropped significantly and after June 23rd volumes fell further. I am not deluded at all. I have bought and sold 17 houses and renovated them and whether it falls or rises doesn;t really bother me but I am just reporting here what I am seeing. If you are thinking of cashing in its too late

chucknorris

noddynoo wrote: »

I work in property Have done for 14 years There is a definite shift happening Nothing selling at all from before Xmas either in fact post April SD changes it dropped significantly and after June 23rd volumes fell further. I am not deluded at all. I have bought and sold 17 houses and renovated them and whether it falls or rises doesn;t really bother me but I am just reporting here what I am seeing. If you are thinking of cashing in its too late

I put a flat on the market in early December, it was sold in about a week for the full asking price, it was a record price (£475k) for the block for a 2 bed (good news because I have 3 flats in that block). The flat needed modernising through out, I'll put a link up when I have exchanged.

EDIT: Someone who viewed the sold flat wants to have a look at one of my other flats in the block, and I have said that I would sell for £470k (no estate agents fee, and as he is an investor I would get to rent it out right up to completion, so well worth a £5k drop).

noddynoo

chucknorris wrote: »

I put a flat on the market in early December, it was sold in about a week for the full asking price, it was a record price (£475k) for the block for a 2 bed (good news because I have 3 flats in that block). The flat needed modernising through out, I'll put a link up when I have exchanged.

EDIT: Someone who viewed the sold flat wants to have a look at one of my other flats in the block, and I have said that I would sell for £470k (no estate agents fee, and as he is an investor I would get to rent it out right up to completion, so well worth a £5k drop).

Well done!

chucknorris

noddynoo wrote: »

Well done!

I'm getting out now (well, next 3-5 years), it is a lifestyle thing more than anything else.