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Ooh buyers are coming back

My dd put her house up for sale at the end of oct. This week they are having a second visit by one buyer, who has sold his house and a first visit by a buyer in a similar position. I have also noticed sold signs going up around us

Mark my words, there will be a real scramble for houses soon, maybe started by people who have to re-locate and want to get their children into good local schools as soon as possible
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Comments

  • backtomum
    backtomum Posts: 132 Forumite
    kittie wrote: »
    My dd put her house up for sale at the end of oct. This week they are having a second visit by one buyer, who has sold his house and a first visit by a buyer in a similar position. I have also noticed sold signs going up around us

    Mark my words, there will be a real scramble for houses soon, maybe started by people who have to re-locate and want to get their children into good local schools as soon as possible

    Really:rolleyes: Do you know something we don't?
  • dolce_vita
    dolce_vita Posts: 1,031 Forumite
    kittie wrote: »
    My dd put her house up for sale at the end of oct. This week they are having a second visit by one buyer, who has sold his house and a first visit by a buyer in a similar position. I have also noticed sold signs going up around us

    Mark my words, there will be a real scramble for houses soon, maybe started by people who have to re-locate and want to get their children into good local schools as soon as possible

    What sort of prices are they offering?
    dolce vita's stock reply templates

    #1. The people that run these "sell your house and rent back" companies are generally lying thieves and are best avoided

    #2. This time next year house prices in general will be lower than they are now

    #3. Cheap houses are a good thing not a bad thing
  • maninthestreet
    maninthestreet Posts: 16,127 Forumite
    Part of the Furniture
    Why is there now a sudden urge for people to re-locate???
    "You were only supposed to blow the bl**dy doors off!!"
  • HugoSP
    HugoSP Posts: 2,467 Forumite
    Estate agents in our area are telling us the same.

    It seems that confidence is beginning to creep back into the housing market as the BoE hinted that more interest rate cuts are on the way.

    Shares in lenders and housebuilders reported a rally after Christmas.
    Behind every great man is a good woman
    Beside this ordinary man is a great woman
    £2 savings jar - now at £3.42:rotfl:
  • dolce_vita
    dolce_vita Posts: 1,031 Forumite
    HugoSP wrote: »
    Estate agents in our area are telling us the same.

    .


    Shock horror: estate agents optimistic about the housing market.


    This time next year, houses will be cheaper than they are now, not more expensive.

    This is 100% correct. Mark my words.
    dolce vita's stock reply templates

    #1. The people that run these "sell your house and rent back" companies are generally lying thieves and are best avoided

    #2. This time next year house prices in general will be lower than they are now

    #3. Cheap houses are a good thing not a bad thing
  • WTF?_2
    WTF?_2 Posts: 4,592 Forumite
    kittie wrote: »
    My dd put her house up for sale at the end of oct. This week they are having a second visit by one buyer, who has sold his house and a first visit by a buyer in a similar position. I have also noticed sold signs going up around us

    Mark my words, there will be a real scramble for houses soon, maybe started by people who have to re-locate and want to get their children into good local schools as soon as possible

    Wow! I'd better go out and buy two in case I miss the boat then! Thanks for the tip - maybe I can still get one of those Northern Rock 125% LTV mortgages :rolleyes:
    --
    Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.
  • macaque_2
    macaque_2 Posts: 2,439 Forumite
    kittie wrote: »
    My dd put her house up for sale at the end of oct. This week they are having a second visit by one buyer, who has sold his house and a first visit by a buyer in a similar position. I have also noticed sold signs going up around us

    Mark my words, there will be a real scramble for houses soon, maybe started by people who have to re-locate and want to get their children into good local schools as soon as possible

    The first rule of spin is to use something slightly more compelling than a second hand anecdote involving two viewings. You are up against headlines like this: "Mortgage approvals sink to three-year low"

    http://www.thisismoney.co.uk/news/article.html?in_article_id=428864&in_page_id=2&ct=5
  • abaxas
    abaxas Posts: 4,141 Forumite
    HugoSP wrote: »
    Estate agents in our area are telling us the same.
    .

    :O

    What planet are you on?
  • All those couples who fell out over an alcohol-fuelled stressful Christmas have decided to split up and buy separate properties.

    Happens every year ;) :rotfl:
    Warning ..... I'm a peri-menopausal axe-wielding maniac ;)
  • talksalot81
    talksalot81 Posts: 1,227 Forumite
    I do my best to avoid this forum but could not resist this one....

    1) The experience of one or a few individuals does not justify a statement that 'buyers are coming back'. It is known as anecdote and should not be mistaken with a real trend.

    2) Estate agents are VIs. If it was in your interest to be optimistic, would you not be so?!

    3) Base rates are no necessarily going to help people in the immediate future. If you care to look, many banks are not passing on these cuts and mortgage costs continue to rise.
    2 + 2 = 4
    except for the general public when it can mean whatever they want it to.
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