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House prices falling???

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Old Oct 11, 2005 | 08:44 PM
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Default House prices falling???

Ive heared alot over the last couple of months in papers on the tv and internet that house prices are starting to fall!

Great news for me as i want to get my foot on the housing ladder and not have to sell my ar.se on street corners to pay for it!
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Old Oct 11, 2005 | 08:51 PM
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certainley not where i am mate! That i can assure you of!

Our house has just broke the ceiling price in the area for a semi. This is after all talk of prices dropping etc. It was valued last tuesday, went on the net and in the shop on saturday afternoon and we have just received an offer today for the full asking price!!!

Prices dropping? No
Market slowing? No.. not here!
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Old Oct 11, 2005 | 08:53 PM
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Not round here either, that's for sure!

1/4 million for a 1 bed flat - it's ludicrous!
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Old Oct 11, 2005 | 08:54 PM
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house next door with 3 fewer bedrooms no double garage and no private driveway just going for 319,000....time to move me thinks
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Old Oct 11, 2005 | 09:00 PM
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Originally Posted by RichardPON
Not round here either, that's for sure!

1/4 million for a 1 bed flat - it's ludicrous!
ludicrous isnt the word Rich!
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Old Oct 11, 2005 | 09:02 PM
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If the streets were littered with cars like these .....




.... then yes there is a rapid decline on its way for that area
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Old Oct 11, 2005 | 09:07 PM
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.....but according to some people on here, I'm some sort of c'unt for not buying a flat at that money.

Unfortunately, I have no choice, so one will be forthcoming, but it's gonna be tight on the money front for a while!
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Old Oct 11, 2005 | 09:08 PM
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House prices falling.....dream the fuck on
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Old Oct 11, 2005 | 09:22 PM
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Default Re: House prices falling???

Originally Posted by xr2fatturbo
Ive heared alot over the last couple of months in papers on the tv and internet that house prices are starting to fall!

Great news for me as i want to get my foot on the housing ladder and not have to sell my ar.se on street corners to pay for it!
Prices are still on the up around North East Essex but have slowed a fair bit.

Mark
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Old Oct 11, 2005 | 09:34 PM
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Originally Posted by RichardPON
.....but according to some people on here, I'm some sort of c'unt for not buying a flat at that money.

Unfortunately, I have no choice, so one will be forthcoming, but it's gonna be tight on the money front for a while!
i would be absolutely gutted paying more than 100k for an apartment rich up here...
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Old Oct 11, 2005 | 09:36 PM
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Originally Posted by RichardPON
.....but according to some people on here, I'm some sort of c'unt for not buying a flat at that money.

Unfortunately, I have no choice, so one will be forthcoming, but it's gonna be tight on the money front for a while!
Dont blame ya,
A 2 up 2 down old terrace round here is £75k in a half right area, thats on the road parking and a lottery if its infront of your house or not, and people question my motives as to buying abroad.
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Old Oct 11, 2005 | 09:43 PM
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Originally Posted by Big G
Originally Posted by RichardPON
.....but according to some people on here, I'm some sort of c'unt for not buying a flat at that money.

Unfortunately, I have no choice, so one will be forthcoming, but it's gonna be tight on the money front for a while!
Dont blame ya,
A 2 up 2 down old terrace round here is £75k in a half right area, thats on the road parking and a lottery if its infront of your house or not, and people question my motives as to buying abroad.

same here mate. Our terrace that we made quite a bit on 2.5yrs ago selling for 65k has just sold again for 110k! wish wed kept the fooker
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Old Oct 11, 2005 | 09:50 PM
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Not falling at all in south Wales, in fact they are still rising quite a bit!
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Old Oct 11, 2005 | 09:56 PM
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Originally Posted by tgsday
Not falling at all in south Wales, in fact they are still rising quite a bit!
Thats good news then cause my bird has just bought a place in cardiff
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Old Oct 11, 2005 | 10:01 PM
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Prices do seem to be steadying a bit here (nottinghamshire), although they are relativly cheap..er infact very cheap conpared to doon south! Im lookin at 3 bed semis for around 100k at min, witha garage and big back garden!!
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Old Oct 11, 2005 | 10:14 PM
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Can't get anything in MK for under 150k now and there arn't enough houses to keep up with demand! Every 7 years houses double in price so don't hold your breath waiting for them to fall
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Old Oct 11, 2005 | 10:51 PM
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In my general area the prices seem to be steadying BUT they aint dropping or falling at all
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Old Oct 11, 2005 | 10:56 PM
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my parents are having trouble selling the house they have thats just outside Cardiff. been forsale for about 8 months and had no offers. same story for someone over the road wanting to sell. our house is 30k less than what the estate agent told us to advertise it for.

people don't seem to be buying around here much as far as i can tell. i think people are expecting them to drop so are holding out.
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Old Oct 11, 2005 | 11:24 PM
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My flat in greater london has fallen a bit recently so i'm renting it out for a while rather than selling it, which was my original plan. They will soon go back up even if they fall a little, double on average eveyr 7-10 years
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