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No viewings in 6 weeks, drop price?
Comments
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Not necessarily. We moved 6 years ago and put our house on the market in September, accepted an offer on it that week, and found the house we wanted to buy in October. Not everyone wants to or is able to move in the summertime.
I agree, the "quiet in winter-time" thing is a myth, people are on their phones etc. 24/7 now looking at things they want to buy, including houses, the reason houses are not selling is because the biggest property bubble in history just popped
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I agree with Crashy. Some people are always looking.
My old neighbour was one such. I invited her round for supper on Christmas day and she politely refused as she was busy doing other things. They turned out to be spending the afternoon listing her presents on ebay, buying more stuff in the early online sales, then spending the evening on RM "just in case".
I told her she was an apalling creature and she was gob-smacked! "What d'a mean you don't do it?! Practically everyone does these days!"
So it might quieten down in winter, but it doesn't stop completely.Shout out to people who don't know what the opposite of in is.0 -
YoungBlueEyes wrote: »I agree with Crashy. Some people are always looking.
My old neighbour was one such. I invited her round for supper on Christmas day and she politely refused as she was busy doing other things. They turned out to be spending the afternoon listing her presents on ebay, buying more stuff in the early online sales, then spending the evening on RM "just in case".
I told her she was an apalling creature and she was gob-smacked! "What d'a mean you don't do it?! Practically everyone does these days!"
So it might quieten down in winter, but it doesn't stop completely.
Yep, people won`t trudge through snowdrifts just to have a nosey, but if they see a house they like I bet they will make an effort to view, if the price is right of course....0 -
Crashy_Time wrote: »I agree, the "quiet in winter-time" thing is a myth, people are on their phones etc. 24/7 now looking at things they want to buy, including houses, the reason houses are not selling is because the biggest property bubble in history just popped
All the sales stats must be wrong then? Spring is always the most active time. The number of houses on the market has not really changed much in the last few years... Sales volumes have been historically low but there are a lot less buyers and a lot less sellers, my experience is decent houses priced sensibly are still flying off the shelf, those houses that are not quite right for what ever reason (The tiny garden, or tiny 3rd bedroom etc) are not selling as easily as they have pre crash.0 -
Crashy_Time wrote: »
Old news.... But it still shows the spring bounce which is the number of houses sold not the value.
https://www.thetimes.co.uk/article/house-prices-increase-as-buyers-return-to-market-9rwgqdsgj
But the slow spring has caused a increase later in the year.0 -
I agree. Floorplan is by far the most important to me. From that I can tell how I can live in it. Photos just show the condition, which is relevant but rarely the deciding factor.
If it's a flat like this one is, I also really value a photo of the outside building.
In the area I live in, it is definitely not the norm for house listings on RM to have floor plans. I paid to get some done, but it is very rare to have them“Quis custodiet ipsos custodes?”
Juvenal, The Sixteen Satires0 -
All the sales stats must be wrong then? Spring is always the most active time. The number of houses on the market has not really changed much in the last few years... Sales volumes have been historically low but there are a lot less buyers and a lot less sellers, my experience is decent houses priced sensibly are still flying off the shelf, those houses that are not quite right for what ever reason (The tiny garden, or tiny 3rd bedroom etc) are not selling as easily as they have pre crash.
Most of the property in the UK is pretty unremarkable, which makes getting into decades of mortgage debt to buy it even more daft IMO.0 -
Crashy_Time wrote: »Most of the property in the UK is pretty unremarkable, which makes getting into decades of mortgage debt to buy it even more daft IMO.
Well,I'm now living in my very unremarkable home, mortgage paid off. No rent to pay.
Seems to me preferable to living in an unremarkable one with rent to pay for ever.
Like the woman next door paying £1400/month rent to live in a smaller house.0 -
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