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Debate House Prices


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Rightmove asking prices UP +1.2%

As leaked by the Worst, sorry, the Greatest Newspaper in the World, the Express.

You gotta love the optimism of property vendors.

Stiff upper lip and all that...

http://www.dailyexpress.co.uk/posts/view/44761
«134

Comments

  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Yeah, really looking good with all the multiple thousands of mortgage resets coming up in the next year.
  • m00m00
    m00m00 Posts: 1,755 Forumite
    the last waltz of the on ship HPI band.



    asking prices might be going up, but there's no slowing down on the number of post initial price reductions I'm seeing.
    It's a health benefit ...
  • boinging_2
    boinging_2 Posts: 403 Forumite
    I've been Money Tipped!
    Amazing as Rightmove yesterday issued £16.2m worth of shares and admitted the future was looking very negative if things continue.

    With all the backers of Rightmove having a vested interest (and the share price tumbling) I doubt anyone would have "massaged the figures" would they?
    Keep the right company because life's a limited business.
  • clobber_2
    clobber_2 Posts: 472 Forumite
    That article is hilarious.

    The picture used to illustrate it is actually the one Private Eye always uses when it does a DE "Diana death conspiracy will cause house prices to crash" spoof. I hadn't realised they actually got the picture from the DE!
  • hostman
    hostman Posts: 377 Forumite
    Fiddled figures IMO - I'm not seeing increases in my area, only falls!
  • brit1234
    brit1234 Posts: 5,385 Forumite
    boinging wrote: »
    Amazing as Rightmove yesterday issued £16.2m worth of shares and admitted the future was looking very negative if things continue.

    With all the backers of Rightmove having a vested interest (and the share price tumbling) I doubt anyone would have "massaged the figures" would they?

    Its looking bad for right move, HBOS is selling its 13% stake in them.

    http://www.independent.co.uk/news/business/news/hbos-sells-13-per-cent-stake-in-rightmove-as-agents-feel-the-heat-830002.html
    :exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.

    Save our Savers
  • clobber_2
    clobber_2 Posts: 472 Forumite
    hostman wrote: »
    Fiddled figures IMO - I'm not seeing increases in my area, only falls!

    I dunno, I reckon I am seeing a few bunged on at inflated prices in anticipation of having to reduce.
  • mystic_trev
    mystic_trev Posts: 5,434 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    may08 +1.2
    apr08 -0.1
    mar08 +0.8
    feb08 +3.2
    jan08 -0.8
    dec07 -3.2
    nov07 -0.7
    oct07 +2.7
    sep07 -2.6
    aug07 +0.6


    How can anyone be stupid enough to believe these figures :rolleyes:
  • m00m00
    m00m00 Posts: 1,755 Forumite
    one thing I'm finding more and more

    is slightly bumped asking prices

    with a text of 'seller will pay 5% deposit'
    It's a health benefit ...
  • TD5
    TD5 Posts: 57 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    clobber wrote: »
    I dunno, I reckon I am seeing a few bunged on at inflated prices in anticipation of having to reduce.

    8th May 2008
    • Price changed: from 'Guide Price £2,000,000' to 'Guide Price £2,150,000'
    1st May 2008
    • Initial entry found.
    Me Too - someone is having a laugh :rotfl:

    http://www.rightmove.co.uk/viewdetails-10367973.rsp?pa_n=1&tr_t=buy
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