Housing market slowdown?

[tueartsboots]

Signed a sales agreement on Saturday, photos done on Monday, HIPs done Tuesday, one viewing today and 2 tomorrow ! So no slowdown here !

 

[mammutly]

Signed a sales agreement on Saturday, photos done on Monday, HIPs done Tuesday, one viewing today and 2 tomorrow ! So no slowdown here !

Good for you!

Around here, headline prices have hardly changed but actual sale prices are typically 10 -15% below the asking.

Still not much moving though

 

[tueartsboots]

Signed a sales agreement on Saturday, photos done on Monday, HIPs done Tuesday, one viewing today and 2 tomorrow ! So no slowdown here !

Good for you!

Around here, headline prices have hardly changed but actual sale prices are typically 10 -15% below the asking.

Still not much moving though

Yes same here, expecting to knock 20-30k off asking price tbh ! apparently a lot of cash buyers here with no chains !

 

[happymoondays]

Signed a sales agreement on Saturday, photos done on Monday, HIPs done Tuesday, one viewing today and 2 tomorrow ! So no slowdown here !

Nice one.
Couldnt sell my house in manchester so had to rent it, got to mortgages at moment so not good for the pocket

 

[Manchester1894]

Can I ask a question? Whats the best way to buy a house on the cheap?

Thought about auction but dont know how or where to start... or how much it would save.. we want a three bedroom house in an okay area, but can only really afford 85k, which is a non-starter..

 

[tueartsboots]

Can I ask a question? Whats the best way to buy a house on the cheap?

Thought about auction but dont know how or where to start... or how much it would save.. we want a three bedroom house in an okay area, but can only really afford 85k, which is a non-starter..

This is a three bed in a nice area. 85k ? Might get you a couple of bricks !
Seriously, auction is probaly best but you need the money in place before hand and I doubt a nice area would be do-able for 85k

 

[der-bomber]

The property market is totally fucked in my opinion ,another 50 % at least to come off prices...

Another 7-9 years until we see a bottom, its all cyclical.

 

[tueartsboots]

The property market is totally fucked in my opinion ,another 50 % at least to come off prices...

Another 7-9 years until we see a bottom, its all cyclical.

Until mortgages start up again, properly that will be the case. Houses here have dropped about 60-100k in last 12 months

 

[Failsworth_Blue]

House next door to us had it's for sale sign up yesterday morning and when i got home from work last night someone was viewing it so obviously didn't waste anytime there. It's up at 125k, we bought ours last year in June for 135k

 

[tueartsboots]

House next door to us had it's for sale sign up yesterday morning and when i got home from work last night someone was viewing it so obviously didn't waste anytime there. It's up at 125k, we bought ours last year in June for 135k

Our house went on website this morning no board outside or anything but a hit within an hour !

I'll put the link up but please ensure you are sat down before looking !

<a class="postlink" href="http://www.brooks-estates.co.uk/ViewProperty.aspx?adid=S5366" onclick="window.open(this.href);return false;">http://www.brooks-estates.co.uk/ViewPro ... adid=S5366</a>