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The Haart Price Reductions Thread


Van

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HOLA441

1321 from 10107 - 13.07%

Still increasing, but the rate of change in the rate of change (d^2y/dx^2 - anyone remember that?) has slowed. Agents successfully talking 13% of vendors into cutting prices each week - that's pretty impressive!

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Double differentiation Van, I remember that.

I seem to remember that Nixon has gone down in history as the only US president to use triple differentiation to prove that his policies were working.

Something like "The rate of the rate of rate of change of unemployment has flattened". Maybe others on the forum know the detail a little better.

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HOLA443

ok, right now on page 20 of the results a property reduced by

£200,000 :o

That must be a mistake surely. It's down to £495,000 now so a huge 28% off.

If that one is a mistake then the one on page 19 with £40,000 off now down to £250,000 is a fairly large reduction at around 14%.

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Also to note is the number of houses on their books. The larger the number, the bigger the supply, the less being sold, the more price cuts are on the way. No Spring pick-up this year (I hope as I sold to rent- even persuaded the wife).

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Hope we haven't been rumbled, the links dead.

Correction - Checked the haart site & got - 'We are presently updating our web site with new features and services. It is anticipated that normal service will be resumed within the next 60 minutes. Please re-visit our site then.'

Too many being reduced for the site to cope :lol:

Added 12.10 - It's back up again, litttle changed at 1362

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Put together this data set from historical posts on here for you to play with in Excel/OpenOffice. Made assumption that if figs unknown same as previous days.

It's fairly steady around 12-14% reductions at the moment, having risen from 9-12%.

Date Reduced in 7 days Total properties /10 Total properties %

26-Jan 969 982.3 9823 9.864603482

27-Jan 1016 982.3 9823 10.34307238

28-Jan 1057 986.5 9865 10.71464774

29-Jan 1070 986.5 9865 10.84642676

30-Jan 1064 986.5 9865 10.78560568

31-Jan 1099 986.6 9866 11.13926617

01-Feb 1153 986.8 9868 11.68423186

02-Feb 1212 986.8 9868 12.28212404

03-Feb 1266 993 9930 12.74924471

04-Feb 1281 993 9930 12.90030211

05-Feb 1253 993 9930 12.6183283

06-Feb 1234 993 9930 12.42698892

07-Feb 1201 993 9930 12.09466264

08-Feb 1275 993 9930 12.83987915

09-Feb 1333 993 9930 13.42396777

10-Feb 1321 1010.7 10107 13.0701494

11-Feb 1396 1010.7 10107 13.81220936

12-Feb 1396 1010.7 10107 13.81220936

13-Feb 1286 1010.7 10107 12.72385475

14-Feb 1273 1010.7 10107 12.59523103

15-Feb 1363 1022.8 10228 13.32616347

16-Feb 1423 1026.7 10267 13.85993961

17-Feb 1423 1026.7 10267 13.85993961

18-Feb 1461 1026.7 10267 14.23005747

19-Feb 1430 1037.7 10377 13.78047605

20-Feb 1430 1037.7 10377 13.78047605

21-Feb 1347 1037.7 10377 12.98063024

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