Debate House Prices


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Buyers Market?

24

Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Buyers market. A number of properties have come onto the market in the last week around here. A noticable dip in prices. Though a few are no chain. Perhaps ex-rental property.
  • noddynoo
    noddynoo Posts: 346 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    brighton prices are falling
  • jimbo747
    jimbo747 Posts: 630 Forumite
    I live in Belper, apparently we have the highest increasing prices in the UK, friend of mine is struggling to buy here so it's definitely a seller's market at the moment.
  • padington
    padington Posts: 3,121 Forumite
    Hove is the second most sought after location in the country ...

    http://www.brightonandhovenews.org/2017/07/22/house-price-rises-in-hove-among-highest-in-the-country-according-to-property-website

    Second to Belper
    Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.
  • The-Joker
    The-Joker Posts: 718 Forumite
    anon_private wrote: »
    For the purchase of flats, is it a buyers market at present?

    Yes if values keep going down in relation to real inflation then it's a buyers market
    The thing about chaos is, it's fair.
  • economic
    economic Posts: 3,002 Forumite
    The-Joker wrote: »
    Yes if values keep going down in relation to real inflation then it's a buyers market

    what is "real inflation"?
  • padington
    padington Posts: 3,121 Forumite
    economic wrote: »
    what is "real inflation"?

    Cost of houses in relation to an iPhone 4?
    Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.
  • edinburgher
    edinburgher Posts: 13,904 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Thrugelmir wrote: »
    Buyers market. A number of properties have come onto the market in the last week around here. A noticable dip in prices. Though a few are no chain. Perhaps ex-rental property.

    Opposite in Glasgow, 5 houses sold in our postcode within 3 days of being listed in last fortnight...
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edinburgher wrote: »
    Opposite in Glasgow, 5 houses sold in our postcode within 3 days of being listed in last fortnight...

    Unusually we have a number still sticking here. Perhaps it's just the summer slowdown. People looking to move before the new school year have already done so. Also there's a large amount of new house building. As a result people have a choice. Brand new or the hassles of a 1930's build.
  • snickpan
    snickpan Posts: 171 Forumite
    Tenth Anniversary 100 Posts Name Dropper
    perhaps you can help....I live in Brighton (well...Hove, actually), my accountant said that some of his customers have dumped all their property, i.e., sold up as much as they can, due to....I can't remember what he said! Is it the stamp duty thing (although that's more to do with buying). Is it not being able to claim your mortgage against profits? I really should find out, as I'm idly browsing for a house.
    Fox And Sons showed me 6 today, which may suggest its a buyers market. Maybe because all those landlords put their portfolios on the market!
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