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cypher007

Boston Area Seems To Defy Gravity

6 posts in this topic

[quote name='cypher007' timestamp='1290507203' post='2797339']
im getting tired of this $hit. 3 years now and still the houses are pegged at 2007 prices and selling.
[/quote]

hmm looking at the data on home.co.uk, it looks like people are taking there ball away and going indoors. big drops in the number of properties for sale.

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[url="http://www.rightmove.co.uk/property-for-sale/property-6579234.html"]house[/url]

I remember this house when I was house hunting in Boston 2007....was 320K then. Now 260, and it has been on the market for over 3 years now, and not budged at all (never gone SSTC). Do you know what's wrong with it? Looks to be in excellent location. Dated decor but there must be a bigger problem?

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[quote name='ingermany' timestamp='1296289838' post='2874703']
[url="http://www.rightmove.co.uk/property-for-sale/property-6579234.html"]house[/url]

I remember this house when I was house hunting in Boston 2007....was 320K then. Now 260, and it has been on the market for over 3 years now, and not budged at all (never gone SSTC). Do you know what's wrong with it? Looks to be in excellent location. Dated decor but there must be a bigger problem?
[/quote]

yes its sat on one of the busiest roads in Boston next to some nice houses, but some have been turned over to multiple ocupancy eastern european rent-a-room homes.

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[quote name='cypher007' timestamp='1310635100' post='3053811']
yes its sat on one of the busiest roads in Boston next to some nice houses, but some have been turned over to multiple ocupancy eastern european rent-a-room homes.
[/quote]

think its now finally sold, or they got fed up and took it off the market, and a lot get removed because people get fed up. a three bed near a property im interested in has now got LET agreed on one side of the sign, with a local letting agent, and FOR SALE on the other. just another reluctant landlord i guess.

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[quote name='cypher007' timestamp='1317125377' post='3130427']
think its now finally sold, or they got fed up and took it off the market, and a lot get removed because people get fed up. a three bed near a property im interested in has now got LET agreed on one side of the sign, with a local letting agent, and FOR SALE on the other. just another reluctant landlord i guess.
[/quote]

No...it's under offer: [url="http://www.rightmove.co.uk/property-for-sale/property-6579234.html"]Spilsby Road[/url] I'm assuming they kept removing it from Rightmove to hide the length of time on market and the series of desperate price reductions.

Under Offer at 230K..............that makes a reduction of 90K from the 2007 asking price. It will be interesting to see what it actually sold for.

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