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Why are some houses on the market for so long?

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Comments

  • markin
    markin Posts: 3,844 Forumite
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    Housebuy12345 wrote: »
    It’s not overpriced if it’s been sold for a similar price. And its 4 bed.

    Please tell me where I can buy a 3 bedroom for £70k in inner city Manchester

    Crashy said its 70k over priced, so that would be 99,950k, not 70k as its on for 169,950.

    Its been on for almost 6 months, so it would seem no wants it at that price.
  • getmore4less
    getmore4less Posts: 46,882 Forumite
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    AdrianC wrote: »
    Everything is overpriced in Crashy world. Even if it's just been auctioned for that price. Even if there's been a throng of buyers queueing up waving money at the vendor.



    If you could buy a Grade I listed mansion for a tenner, it'd be overpriced.

    It has to be Crashy only has next month's rent available to buy anywhere.
  • Housebuy12345
    Housebuy12345 Posts: 211 Forumite
    Apparently it was sold but the buyers pulled out.

    Which could be true, but why does RightMove not update its “first listed” to reflect the new listing?
  • AdrianC
    AdrianC Posts: 42,189 Forumite
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    Housebuy12345 wrote: »
    Apparently it was sold but the buyers pulled out.

    Which could be true, but why does RightMove not update its “first listed” to reflect the new listing?
    The EA do all the updating.

    If they removed it, then re-added it, rather than simply updating the previous listing...
  • Mickygg
    Mickygg Posts: 1,737 Forumite
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    Crashy_Time wrote: »
    More like 70k IMO.

    Yawn. Standard and expected comment.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
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    AdrianC wrote: »
    Everything is overpriced in Crashy world. Even if it's just been auctioned for that price. Even if there's been a throng of buyers queueing up waving money at the vendor.



    If you could buy a Grade I listed mansion for a tenner, it'd be overpriced.

    None of the above, and very few houses attract lines of people waving money these days anyway. This house is overpriced for it`s size, condition and location IMO, it isn`t worth a tenner, no house really is only worth a tenner, but it isn`t worth the best part of 200k. How much do you think this property is worth?
  • JasonHand
    JasonHand Posts: 197 Forumite
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    My old house took ages to sell and that was because of the crazy layout. It was on 4 floors.

    I remember someone old lady coming round to view and I just remember thinking why have the estate agent sent her round. She nearly passed out when she had been on the top floor back down to the third floor. I had to get her downstairs, get her a glass of water and give her a good 30 minutes to settle down.

    But it was a crazy layout and it did put lots of people off.
  • knightstyle
    knightstyle Posts: 6,988 Forumite
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    The market is dead in some areas. house sales £150k to £130k round here, 34 in 3 months to Jan 1st, 4 in 3 months since!
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