House prices to crash

[Uncle Spielberg]

You really should try not to project your emotions onto others.

You probably wont believe it, but I often sit here with a broad grin on my tired old face. NSC is really fun at times.

Maybe but thats because I am living the shit not living the dream.

 

[Uncle C]

Maybe but thats because I am living the shit not living the dream.

I know mate, and I'm genuinely sorry for you, but its not my fault.
I'm just running a commentary on the game.

 

[dazzalewis1968]

Of course, silly me.

Didn't Estate Agents say that about Spain, Ireland, Saudi Arabia etc etc.

I was once told by an oik in the Halifax BS about 3 years ago (before the Crunch) not to worry about the security of my savings as he had worked there all his life and could assure me it was a 'great Company'.

You'll have to forgive me if I place the value of an Estate Agents opinion somewhere lower than a Football Agent

You write some rubbish !
At least I have a job. Now do you
Don't tell me your a football agent?

 

[larus]

You write some rubbish !
At least I have a job. Now do you
Don't tell me your a football agent?

Pot - kettle - black; me thinks.

 

[dazzalewis1968]

Pot - kettle - black; me thinks.

Very funny! Your right all agents are
Con men !

 

[larus]

The issue which I have about house prices, is the relative increase to inflation/average wages. This is undeniable.

The only sporting argument appears to be that there is an imbalance between supply and demand. So many seem to view this as good; why?

We all need somewhere to live; yet to meet this demand, the modern build is smaller houses with smaller gardens, for more money. But, as long as people feel that are higher up the chain, then that's perceived to be a good thing.

Insane.

 

[larus]

Very funny! Your right all agents are
Con men !

Actually, the point was about writing rubbish, not about your profession.
For example; your - you're, etc.

I think that everyone (when in comes down to it), is selfish/out for themself. I don't view estate agents any worse than mechanincs, insurance salesmen, whatever. You get 'good' and 'bad' in all walks of life. You get nurses/doctors that kill; you get policemen who are corrupt; you get estate agents who are honourable. To tar a profession is too simplistic.

 

[Uncle C]

You write some rubbish !

OK, I'll give you a little challenge.

I will continue to post information to suggest the housing market is in trouble and house prices are going down.
For balance, as an Estate Agent, I invite you to post information that suggests the market is bouyant and house prices are going up.

No rhetoric no bullshit. Are you up for it.

 

[dazzalewis1968]

OK, I'll give you a little challenge.

I will continue to post information to suggest the housing market is in trouble and house prices are going down.
For balance, as an Estate Agent, I invite you to post information that suggests the market is bouyant and house prices are going up.

No rhetoric no bullshit. Are you up for it.

yes done deal ! but i work in Barnet so will just give my honest view of the office i run and the area.

plus info from our other 9 office's in London.

I think sep will be a good guide stick as the crash of 07 started then.

 

[Return of the Rev]

as stalin said all ownership is theft

 

[Uncle C]

Sorry Rev but your on my ignore list, so nothing for you here.

 

[Return of the Rev]

Sorry Rev but your on my ignore list, so nothing for you here.

as pole pots said"all ignore list are a credit to the peoples party"

 

[Uncle C]

yes done deal ! but i work in Barnet so will just give my honest view of the office i run and the area.

plus info from our other 9 office's in London.

I think sep will be a good guide stick as the crash of 07 started then.

Excellent. This might prove interesting for us both, so here is my starter for 10.

As you are based in Barnet and are very busy I have done a search in the The Property Snake site for Barnet. There are over 500 properties where owners cant sell and have reduced prices. I'll leave you to look at the reductions on offer.

http://www.propertysnake.co.uk/site/location/1030

 

[Uncle C]

........................

Sorry, you are on my ignore list for annoying use of capital letters.

 

[8ace]

as stalin said all ownership is theft

Sorry Rev but your on my ignore list, so nothing for you here.

as pole pots said"all ignore list are a credit to the peoples party"

Sorry, you are on my ignore list for annoying use of capital letters.

Caps Lock appears to be off today.

 

[Gwylan]

Excellent. This might prove interesting for us both, so here is my starter for 10.

As you are based in Barnet and are very busy I have done a search in the The Property Snake site for Barnet. There are over 500 properties where owners cant sell and have reduced prices. I'll leave you to look at the reductions on offer.

http://www.propertysnake.co.uk/site/location/1030

That's really interesting. That propery that's been on the market for about 18 months and still can't shift after two price reductions suggests that the area it's in is not "ever popular"

And I suspect that the studio flat on the market at £13.75m might take some shifting

 

[Return of the Rev]

Caps Lock appears to be off today.

a deal was done regarding caps lock,uncle cyril lives in the past i'm araid

 

[Uncle C]

Caps Lock appears to be off today.

Indeed. He did that a while ago and I took him off the list. But, he soon defaulted to his annoying little joke so he's on my list permanently now.

 

[Uncle C]

More evidence that supply is increasing (even in London) whilst demand is static or falling. Credit to the Estate Agent's positive spin.

"The number of properties for sale in central London has increased by 28 per cent over the last six months.

While there is still a shortage of property on the market, the number of buyers to properties decreased from 14 people per property in March to 11 this month.

Peter Rollings, managing director of Marsh & Parsons estate agents, which researched the trend, welcomed the “healthy development”, saying: “Last year, we saw galloping house prices in the capital, underpinned by a severe shortage of properties.

“Buyer demand is still as strong, but there is now a greater balance between supply and demand. This will encourage more activity market and see prices rise at a more sustainable pace.”

Between May last year and this June, average London prices rose by 14 per cent, from £296,418 to £338,027."
http://www.thisislondon.co.uk/standard/article-23870378-increase-in-central-london-properties-for-sale-healthy-for-housing-market.do

 

[Uncle C]

Mortgage approvals fall again.

"The market also showed little sign of picking up, with the number of mortgages approved for house purchase dropping for the second month in a row. A total of 33,698 loans were in the pipeline for people moving home, 2.5pc fewer than in June, and well down on the recent high of 45,415 reached in December."

http://www.telegraph.co.uk/finance/personalfinance/borrowing/mortgages/7961594/Mortgage-approvals-fall-again.html