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House not selling? Think about this.

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Comments

  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    jimbog wrote: »
    And there was me for all this time thinking that 'Crashy Time' related to house prices crashing rather than house sales crashing :wink:


    It relates to the "Market" crashing and I think falling transactions are part of that crash. Doesn`t matter what your favourite index tells you houses are worth, if no one wants yours at the price your personal market has to all intents and purposes crashed. Transaction levels tell us that this is reality for more and more people, and that is a VERY different market to a few years ago.
  • 51mm5
    51mm5 Posts: 177 Forumite
    Ninth Anniversary 100 Posts Combo Breaker
    Crashy_Time wrote: »
    It relates to the "Market" crashing and I think falling transactions are part of that crash. Doesn`t matter what your favourite index tells you houses are worth, if no one wants yours at the price your personal market has to all intents and purposes crashed. Transaction levels tell us that this is reality for more and more people, and that is a VERY different market to a few years ago.

    If the market has now crashed we don’t need to hear you troll every thread like a broken record.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    51mm5 wrote: »
    If the market has now crashed we don’t need to hear you troll every thread like a broken record.


    The market hasn`t crashed yet, although transactions are pointing the way forward IMO.
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