Bears miss bottom of market...

Dan:_4

Ron2256 wrote: »

Most people in the forum know what is happening and where the market is going.
You don't need to be a genius.

It's all guesswork unless you have a time machine.

firsttimetom

Its not at all guesswork.

If you research and follow what is happening closely, you can make accurate predictions. You can't see what is happening 10 years in the future, but certainly in a year.

And as for House prices rising, I expect to see some indices reporting monthly rises all the way down. We'll probably get the first November this year as Seasonal adjustment changes. It doesn't mean crash off and people shouldn't pile in when it happens.

On the way up we had monthly falls now and again, and it didn't stop the HPI. It works the same on the way down and won't stop the HPC.

Dan:_4

firsttimetom wrote: »

Its not at all guesswork.

If you research and follow what is happening closely, you can make accurate predictions. You can't see what is happening 10 years in the future, but certainly in a year.

!!!!!!? can..

mr.broderick

firsttimetom wrote: »

Its not at all guesswork.

If you research and follow what is happening closely, you can make accurate predictions. You can't see what is happening 10 years in the future, but certainly in a year.

And as for House prices rising, I expect to see some indices reporting monthly rises all the way down. We'll probably get the first November this year as Seasonal adjustment changes. It doesn't mean crash off and people shouldn't pile in when it happens.

On the way up we had monthly falls now and again, and it didn't stop the HPI. It works the same on the way down and won't stop the HPC.

Sorry Tom but i won't be taking any advice from a house buying virgin, stick with mr.b...I know the dance..

neas

Your tongue in cheek style makes me smile .

Even though your wrong you make me chuckle so there i said it heh.

firsttimetom

mr.bonkers wrote:

Sorry Tom but i won't be taking any advice from a house buying virgin, stick with mr.b...I know the dance..

What Moves are they?

I'm not actually offering any advice either - except to tell people that now is clearly not the best time in the world to buy a house.

Ron2256

Dan: wrote: »

It's all guesswork unless you have a time machine.

You are right. This is all guesswork but looking at the trend, you can tell the housing market is sliding.
We had double digit house price inflation at the beginning of 2007 and now we have negative HPI which is an incredible turn around in such a small period of time.

Dan:_4

firsttimetom wrote: »

What Moves are they?

I'm not actually offering any advice either - except to tell people that now is clearly not the best time in the world to buy a house.

I dont know.....maybe now is a good time to buy a house. I wouldn't want to be a seller right now tho.

mr.broderick

firsttimetom wrote: »

What Moves are they?

I'm not actually offering any advice either - except to tell people that now is clearly not the best time in the world to buy a house.

There are threads running at the moment that would disagree with these sentiments

pickles110564

Ron2256 wrote: »

You are right. This is all guesswork but looking at the trend, you can tell the housing market is sliding.
We had double digit house price inflation at the beginning of 2007 and now we have negative HPI which is an incredible turn around in such a small period of time.

Sorry but you are very wrong green shoots poking through.