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House Price Crash Forum

Murray Mint

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About Murray Mint

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  1. The market hit the bottom in Feb, they could had they bought Nov/Dec time got lucky and got a seller who was scared/desperate when there was no competition and maybe got 25-30% off. Now 14% off peak sounds about right, but leave it a few months and they will be looking at 10%. Sellers have a lot less incentive to sell on the cheap when they think they have just passed the bottom.
  2. The % rise is already seasonally adjusted. The unadjusted figures show 4 months of House price rises in a row. We are now 9K above the bottom price inFeb of £147k which equates to a 6% rise in the last 4 months.
  3. + 1% possibly higher Would not be suprised to see Nationwide go 10K above the bottom figure in Feb of 147K
  4. Interest rates are not going to rise significantly for quite sometime, which is good news for those of us on a low interest rate lifetime tracker and will mean we have probably seen the floor in house prices.
  5. As long as we still have enugh money to pay the already welathy Mr Camerons £20k a year second home allowance everything will be ok.
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