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Hpc In The North East


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#1 Dazbo1983

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Posted 06 August 2011 - 05:03 PM

Is the long-awaited HPC underway in the North East?

Are we anywhere neat the 'bottom'?

Discuss...

#2 meow

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Posted 08 August 2011 - 10:14 PM

Is the long-awaited HPC underway in the North East?

Are we anywhere neat the 'bottom'?

Discuss...


1) Yes, has been for a while, few lucky people and persons with houses you'd actually want to buy still getting sales, other than that total stand still, try looking at some postcodes here... http://www.rightmove...de=Start Search

2) No

*yawn* it is taking a while isn't it, but we're now entering double dip part two and public sector cuts...

As I've said before, this is inevitable, "normal" people can not afford "average" houses + economy buggered = prices drop when sellers are forced... WHEN.
MEOW - Mortgage Equity Over Withdrawal

A woman phoned in today to say there was a house price crash coming, don't worry, there isn't....

#3 Dazbo1983

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Posted 09 August 2011 - 05:14 PM

1) Yes, has been for a while, few lucky people and persons with houses you'd actually want to buy still getting sales, other than that total stand still, try looking at some postcodes here... http://www.rightmove...de=Start Search

2) No

*yawn* it is taking a while isn't it, but we're now entering double dip part two and public sector cuts...

As I've said before, this is inevitable, "normal" people can not afford "average" houses + economy buggered = prices drop when sellers are forced... WHEN.


Agreed! It seems like as though it is going to be a very long and drawn out affair for as long as IRs remain low.

#4 Quokka

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Posted 16 August 2011 - 08:45 PM

Latest figures show the number of homes in the North East hit by negative equity rising from 7.2% last year to 16.2% this year, the largest increase in the UK. In London the rate rose from 1.3% to 2%, while Scotland, with its devolved powers, rose from 1.3% to 3%.

Read More http://www.journalli...l#ixzz1VE7vvIub


Not good news but a sign that house prices are on the way down in the NE




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