Tuesday, Feb 10, 2009
Shhh... don't tell
Belfast Telegraph: Estate agent attacks house price fall forecasts
A LEADING Ulster estate agent has dismissed economic opinion that house prices will probably continue falling and attacked those who predict further falls in the housing market.
Keith Mitchell, of Templeton Robinson, also said that UK-wide housing statistics should be ignored by potential house buyers, claiming that such reports could damage the "fragile confidence now developing" among potential buyers in Northern Ireland.
"In Northern Ireland our prices exploded over a short period of time and have reduced just as quickly. In our view there is therefore no basis to suggest our values will become further depressed."
Posted by little professor @ 02:22 PM (488 views) Add Comment
3 Comments
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1. will said...
'they don't like it up 'em Captain Mainwaring' (how do you spell it then?)
2. shining wit said...
Shock news, estate agent slams house price falls and anyone who mentions them......What's that you say......Oh, I didn't know estate agents worked on a percentage basis!....Oh, that means falling property prices will reduce their takings........What!..... They used to make 1.5% on a 500k house that sold itself and more on a single agency deal!.....£7500 for taking a few pictures, writing a brief description and advertising it on a website!
The party is over estate agents. It's not really terribly hard is it. I mean it's not like you have to be qualified. Remember, when Kirsty keeps banging on about stamp duty, and how much more people paid with increased house prices, it wasn't just the government that had their noses in the trough.
3. Paul said...
they did not complai when i was trying to buy a semi at £125,000 which was bidded up to £200,000 and i could not buy a house , they where grinning like a cat , well its get real time guv