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I've been trying to sell an empty house for a 12 months. I've lowered the price by 30K. As far as I'm concerned the price has gone as low as it is going to go. I'm going to keep the house and rent it until prices recover. Tough luck to prospective buyers who are daft enough not to grab a bargain. I think house prices are going to start rising very soon.

I'm a home owner with a house on the market. Just had a letter from a company making an offer not far below the asking price. The letter goes on to say that they will complete when they find a buyer, so clearly they expect to sell it for more than they have offerred. Do people like this know something about the market that every one else doesn't? If they were to get enough people to sign up to this they would stand to make a lot of money if the hype about a price crash proves to be wrong. There are a lot of bargains out on the market at present and if the hype does prove to be wrong a lot of people will loose out especially first time buyers.