House Price Crash forum: The Haart Price Reductions Thread - House Price Crash forum

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The Haart Price Reductions Thread Monitoring falls in real time Rate Topic: -----

#16 User is offline   Van 

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Posted 26 January 2005 - 08:57 PM

Might as well extend this to Haarts' various brands to see how different markets are faring.

Haart: General, most of the south & midlands
Felicity J Lords: Plush London properties
Spicer McColl: London, Essex, Kent, Hartfordshire, Cambridgeshire, Norfolk, Sufolk
Bailys: East Sussex
Darlows: South Wales

Results:

Haart: 969/9837 (9.85%)
FJL: 64/780 (8.2%)
Spicer McColl: 403/3653 (11.03%)
Bailys: 9/56 (16.07%)
Darlows: 148/1940 (7.63%)

To be updated from time to time!
"When you combine ignorance and borrowed money, the consequences can get interesting." - Warren Buffett

"If you let inflation expectations drift too far away from the target, you can end up in quite serious difficulty with a costly process to bring them back again." - Mervyn King, 2005

#17 User is offline   Buffer Bear 

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Posted 26 January 2005 - 11:36 PM

969 now.
"Debt is the slavery of the free" Publilius Syrus, 42 BC.

#18 User is offline   Control Freak 

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Posted 27 January 2005 - 03:00 PM

988

Will we hit 4 figures??

#19 User is offline   Gtr London FTB 

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Posted 27 January 2005 - 03:14 PM

995

#20 User is offline   Lenny 

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Posted 27 January 2005 - 03:37 PM

I have just telephoned an estate agent in the North West on request of my sister to see if her colleague's property has sold for £135 and it has ! although I know she had to drop her price by a few thousand! I think she is very lucky to have sold it as the market is flooded around here.

I ended up chatting to the EA who wouldnt let me off the phone - every time I tried to end the call she asked me another question. Basically she frightened the hell out of me. All I wanted to know was if the property was still on the market. She kept me on the phone for 5 minutes asking how much deposit I had and who is mortgage offer with, and she could get me a better one, blah, blah, blah.

According to her property is flying off the shelves !!! :lol: and that the downturn in the market is only in London. :rolleyes: Cant believe it myself. I have been checking rightmove co uk and there is over 250 properties for sale just in my local area with more added each day. Another EA has dozens of reduced sales and no chains. Also I have lost count of the new property thats being thrown up. There are new developments everywhere! :lol:

At lunchtime I strolled around the estate agents in Manchester town centre - every one was empty. A letting agency (who I have rented from in the past) has decided to dedicate a window to sales instead of the to lets? :rolleyes:

Speaking to that EA actually made my skin crawl - yuk - doesnt fill me with hope when it comes to my turn! :o

#21 User is offline   zzg113 

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Posted 27 January 2005 - 03:41 PM

Quote

She kept me on the phone for 5 minutes



If property is flying off the shelves, why does she have 5 minutes to spend on the phone begging you to buy? :lol: :lol: :lol: :lol: :lol: :lol:
Al Greenspan, who facilitated the birth of world-wide HPI with irrationally exuberant interest rates

mortgage

#22 User is offline   doogie 

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Posted 27 January 2005 - 05:32 PM

1004 now.

:lol:

#23 User is offline   Lenny 

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Posted 27 January 2005 - 05:36 PM

zzg113, on Jan 27 2005, 03:41 PM, said:

If property is flying off the shelves, why does she have 5 minutes to spend on the phone begging you to buy? :lol:  :lol:  :lol:  :lol:  :lol:  :lol:
<{POST_SNAPBACK}>


I know !!!

She kept chewing my ear off - then asked for my phone number. I told her I didnt have a phone. The only way I could end the call was to give her my address so she could send info out !!!!

I'll let you know how many properties are on her books - bet she has hardly any - i mean if they are flying off the shelves !!!! :lol:

#24 User is offline   zzg113 

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Posted 27 January 2005 - 05:54 PM

Quote

I told her I didnt have a phone


:lol: :lol: :lol: :lol:

Quote

The only way I could end the call was to give her my address so she could send info out !!!!



I would have given her a false address.
Al Greenspan, who facilitated the birth of world-wide HPI with irrationally exuberant interest rates

mortgage

#25 User is offline   dinamo 

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Posted 27 January 2005 - 05:54 PM

Gtr London FTB, on Jan 27 2005, 03:14 AM, said:



1004! Hooray!

#26 User is offline   uforia98 

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Posted 27 January 2005 - 10:41 PM

dinamo, on Jan 27 2005, 05:54 PM, said:

1004! Hooray!
<{POST_SNAPBACK}>


1016 and rising....

#27 User is offline   leemo 

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Posted 28 January 2005 - 10:17 AM

This thread is excellent B) best evidence yet of a crash, atleast in the area covered: south.

These stats are right up to date. Shows that the recent reports of "stability" in the market by the VIs are bonkers.

Now 1017...

#28 User is offline   Yandros 

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Posted 28 January 2005 - 06:42 PM

Now 1057

Cool thread. Worth updating every day maybe.

#29 User is offline   Realistbear 

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Posted 28 January 2005 - 07:12 PM

How about having the counter on the main HPC page for all to see before they click on a particular thread. Countdown to Armageddon! Trouble is, Haart will soon get wind of it and massage the figures. Watching supply rise is a very acurate indicator of where demand is moving--down.
CRIMBOCASTS for y/e 2013

1. The Euro will have another bad year and may hit parity with the US$ before the end of the year.
2. The Pound will not move much against the dollar (range 1.47-1.60) but is likely to regain a lot of ground verses the Euro which may not survive. US $ will be a safe bet, especially ST bonds and large caps.
3. Stocks should finish moderately higher than 2012 barring a war with Korea and Iran.
4. Gold will not be flying to the moon (again) and will bitterly disappoint (again) any who got in during the run up in 2011.
5. House prices: Flattish to up single digits overall..
6. Not much in the way of inflation again this year--those who forecast hyperinflation will be proven wrong (again--as in 2011 and 2012)
7. Could see a snap GE after the May elections which will be the worst result EVER for Dave. UKIP continue to make headway and will be number 3 before year end.

#30 User is offline   Buffer Bear 

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Posted 28 January 2005 - 09:55 PM

1061
"Debt is the slavery of the free" Publilius Syrus, 42 BC.

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