Debate House Prices


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Market state for selling

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Comments

  • 51mm5
    51mm5 Posts: 177 Forumite
    Ninth Anniversary 100 Posts Combo Breaker
    Yep, glad we agree. What is flawed is thinking that low emergency rates will have an equal effect everywhere, they allowed massive bubbles to flourish (London) and lesser bubbles (North of England for example) not to collapse to the level they would have if economic forces had been allowed to run their course.

    Opps I meant does NOT translate into a massive price fall. I noticed you latched onto an obvious typo and did not address any other points. You still have not answered my my points.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    51mm5 wrote: »
    Opps I meant does NOT translate into a massive price fall. I noticed you latched onto an obvious typo and did not address any other points. You still have not answered my my points.


    You typed what your subconscious knows to be true IMO. Subconsciously most of the country knows that house prices need to crash and will crash ;)


    I addressed interest rates, can you address why sales are falling even with the lowest rates on record?
  • 51mm5
    51mm5 Posts: 177 Forumite
    Ninth Anniversary 100 Posts Combo Breaker
    You typed what your subconscious knows to be true IMO. Subconsciously most of the country knows that house prices need to crash and will crash ;)


    I addressed interest rates, can you address why sales are falling even with the lowest rates on record?

    I think your mind reading skills is as good as your house price predictions :rotfl:
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    51mm5 wrote: »
    I think your mind reading skills is as good as your house price predictions :rotfl:


    Predicted Brexit, predicted Trump, and predict that the eventual crash will be all the bigger for all the meddling from central banks, lets see if it is three out of three shall we?
  • 51mm5
    51mm5 Posts: 177 Forumite
    Ninth Anniversary 100 Posts Combo Breaker
    Predicted Brexit, predicted Trump, and predict that the eventual crash will be all the bigger for all the meddling from central banks, lets see if it is three out of three shall we?

    Very impressive Mystic Meg. Brexit was a 50% certainty as it was either remain or stay and it was either Hilary or Trump, again 50/50. I'll try this weeks lotto if I was you.:rotfl:
  • 51mm5 wrote: »
    Very impressive Mystic Meg. Brexit was a 50% certainty as it was either remain or stay and it was either Hilary or Trump, again 50/50. I'll try this weeks lotto if I was you.:rotfl:

    Not everything with 2 outcomes is 50/50, just saying. Brexit and trump happening were thought less likely at the time, oddschecker showed us this.
  • MobileSaver
    MobileSaver Posts: 4,349 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    predict that the eventual crash will be all the bigger for all the meddling from central banks, lets see if it is three out of three shall we?

    You predicted the crash in 2014 but it didn't happen.

    You predicted the crash in 2015 but it didn't happen.

    You predicted the crash in 2016 but it didn't happen.

    You predicted the crash in 2017 but it didn't happen. Spot the pattern here? :rotfl:

    It's laughable that you are trying to claim you have a perfect prediction rate. You and your HPC chums have been so wrong for so long that even if prices crashed by 36% (which is never going to happen) you would still be paying more than if you'd simply bought when HPC was first started!
    Every generation blames the one before...
    Mike + The Mechanics - The Living Years
  • Hmmm, there's a lot of BS and panic mongering here, take much of it with a pinch of salt. Personally, anyone telling you to take £80k of a £330k house is either on crack or just plain wrong.


    First of all, December, always a bad time to sell, people are too busy with Christmas, they're broke in January and everything is gloomy and unattractive.


    There's nothing wrong with the size and layout of your home, its a typical small 3 bed, there's a million like it so forget anyone telling you it's not the right size.


    Online agents - ditch them, literally not worth the hassle. They can market the property but as soon as anything starts to be a problem or questions need to be asked, it all falls apart. Do yourself a favour and march into the independents.


    The photos are diabolical, and, lets be clear about this, the one you linked with Urban & Rural is nearly as bad, they just seem to have found the saturation slider on Lightroom and have tidied up slightly more. The actual shots are terrible. Bins open, shampoo bottles on the bath, towels draped over chairs etc, its just basic stuff that should be tidied away before selling. The garden shots aren't actually that bad, but the front one is unappealing, photographer should have stepped further back, zoomed in and removed the neighbouring house from the shot.


    The floorplan is OK and should be considered essential for ANY marketing.


    The fact the nearby one sold at such a price indicates that price isn't the problem and that the market is receptive to that price point, its presentation and the ability of someone to hold the sale together however, is. You should consider that they got lucky with the price by finding a buyer that was willing to pay a premium for whatever reason, or simply that they marketed it more effectively and at a better time of year.


    This is a common problem I hear from people using online agents time, and time, and time again.


    Hope that's of some help
  • hazyjo
    hazyjo Posts: 15,475 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Predicted Brexit, predicted Trump, and predict that the eventual crash will be all the bigger for all the meddling from central banks, lets see if it is three out of three shall we?
    Don't recall you predicting Trump nor Brexit. Do remember you saying 'if X happens, the market will crash' and saying it'd be a good thing.
    2024 wins: *must start comping again!*
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    I called Brexit on the HPC forum, Trump on the debate forum here, and said that if interest rates start rising the UK property market will start a crashin` :)
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