View Single Post
Old Aug 16, 2008 | 08:41 AM
  #31  
dojj's Avatar
dojj
Resident Wrestling Legend
20 Year Member
Liked
Loved
Community Favorite
iTrader: (3)
 
Joined: May 2003
Posts: 50,018
Likes: 259
From: Little India
Default

we get the local paper and it's about 80 od pages a week
and about half of them are property, but we live in west london so it's going to be a no brainer

i've not seen any such drop in the amount of properties being advertise, but i've seen a slight drop in the amount they are floging

obviously they want to put their best ones in the papers so that they can sell them quicker, but there is a huge glut of 2 bedroom starter homes (mainly because there are about 2000 of them just around the corner that are less than 10 years old, and some of them are still being built) that come with offers of having your deposits paid for, your stamp duty paid for, etc, etc, but when you take that price off the actual main figure, the houses and flats are still way over what i would want to pay for them

about 3 years back a 4 bed detached house in that development was going for £400k, that's new, directly from the people who built it (taylor woodrow) and now, 3 years later, they are struggling to meet those sorts of prices

the key numbers at the moment seem to be 2010, so, a difficult as it may be mate, you need to stick around where you are rather than move

have you thought about extending the house? it's often an easier way to get more space without the hassle of moving if you can afford to get it done
Reply