Tenubracon

This house http://www.rightmove.co.uk/property-for-sale/property-16168410.html has been on the market at for at least 16 months. Started at 330k, then 315k. They tried auctioning it, open house, all the usual crap. Today they have decieded on a new tactic that can only be a sure fire winner: put the price up to 350k! That makes them 35k richer, what a great wheeze!

Until last year, I lived very near the Gloden Fleece on Nelson St, and that was rammed every Friday and Saturday and did good business the rest of the week too. Has it changed?

Looks like the part of the market you're interested in is starting to fail. This one has been relisted to conceal that fact that it 'sold' late last year. I saw the old listing just a few days ago, but it's gone now: http://www.rightmove.co.uk/property-for-sale/property-17860146.html This one has a £50k drop and it's only been on since December: http://www.rightmove.co.uk/property-for-sale/property-31875017.html Another one back from under offer: http://www.rightmove.co.uk/property-for-sale/property-31517294.html?premiumA=true This 'sold' last year, but they relisted it. Strange!: http://www.rightmove.co.uk/property-for-sale/property-17843091.html

Yes the awful December figures were all down to snow. Who'd have thought it? http://www.bbc.co.uk/news/business-12206936

Not to mention spelling ...

Well, Dave is saying the right thing, at least. Whether he means it is another matter, of course: http://www.guardian.co.uk/politics/2011/jan/10/david-cameron-inflation-jobs-summit

Ah, OK. I'm quite new here, you see, so I'm still not quite sure who's who ...

Why do you think that? There are loads of decent family homes already on the market which have not flown off the shelves. What's changed in the new year? As for the weather, we only had a week of snow here at the most, so you can't really blame that!

If yo udo a search of the last 24 hrs with no price limits, there are 8 cuts. Not exactly stagnation. The section of the market you are looking at is less fluid, it's true, but then over the last 14 days most people had xmas / new year on their minds and the EAs were shut!

My daily Rightmove search today revealed a huge number of commercial properties, mostly hotels, that were all put on the site at the same time. Either someone is dumping a very large portfolio or the agents are relisting it all to lose the history. Interesting ...

An almost identical house is on at 225. They are all nuts. http://www.rightmove.co.uk/property-for-sale/property-28835077.html

Sorry if already posted: http://www.independent.co.uk/money/mortgages/demand-for-home-loans-falls-sharply-2177528.html If there's no demand, there's no drought, surely?

We looked at Brighton a few years ago. What really put is off, apart from the prices, was the schools situation. There are very few half decent primary schools in areas that are remotely affordable and competition for places is fierce. Also, they had a lottery system for secondary schools, although they may have discontinued this now.

Yes, the MSM are at it again. Come on, first-time-buyers, what are you waiting for? Affordability has never been so good! What's that you say? Prices are going to fall? Interest rates are going up? Nonsense, it's different this time ... http://www.guardian.co.uk/money/2011/jan/05/first-time-buyers-offered-help-housing-market Liked this comment by Mike TR: "First time buyers are finding it difficult because house prices are too high. High lending levels which enabled people to buy at these prices caused the credit crunch, meaning the banks had to be bailed out. This in part has led to a huge deficit, meaning we now face cuts, which most Guardian commentators are objecting to. So why are earth are you still running these silly advertorials????"

There are still some seriously deluded people out there ... http://www.rightmove.co.uk/property-for-sale/property-28100014.html A pokey council terrace was on at 199, but they've just put it back up to 214. That'll help.

Just goes to show the effect of location. Despite the photos, it is a very nice area, where most houses are at least 500-600k (large victorian). However, I have seen loads of price cuts and things coming back on the market, so it may be that the area / price bracket you're looking in is the exception.

Mother of four says it's quite right that her children should have £400 each spent on them for christmas even though she has no earned income ... http://www.dailymail.co.uk/news/article-1340653/Christmas-benefits-Eloise-Littles-spent-3k-taxpayers-money-presents.html What amuses me is that they never seem to be short of people willing to put themselves up for the abuse that an article like this is bound to bring. Does a payment for a newspaper article count as income against which benefits can be calculated, I wonder?

Property's still a good investment ... sigh ...

Sounds like a platform to oppose the mortgage lending review so far.

No, you're wrong. The Guardian says that 'property professionals defy data to remain confident', see. http://www.guardian.co.uk/money/blog/2010/dec/20/property-professionals-defy-data

http://www.dailymail.co.uk/news/article-1338721/One-million-pensioners-burdened-mortgage-average-debt-70k.html Equity release, interest only, all the favourites! "When Gordon Davico, 76, stopped working five years ago, he owed £84,000 on his home because he had been on an interest-only ­mortgage with Portman Building Society. Mr Davico, who ran ­upmarket car dealerships in London, says: ‘I hadn’t ­realised I had been paying off only the interest and not the capital. It had been changed several years before when I had money troubles and I had ­forgot about it."

It costs a fortune for the government to maintain the free housing that it provides for the military, and it has been in the news recently that a great deal of this accommodation iis in need of updating. This just looks like a way of offloading the costs of housing to military personnel.

Half thecash machines in my local Santander were empty at 10 am this morning. Thought that was odd, but I guess there could have been a mad rush earlier for xmas shopping.

It was a one off, my wife wanted to view it because it does look like relatively good value. Until you realise that there's a ton of work to do and the vendor has previously refused to negotiate the price down. My wallet will be remaining firmly in my pocket for a while yet!

And available again ... I've just done a search on houses at what I consider to be the higher end (£550k and below). My main impression is that there has been very little recent activity of any kind, except for the odd price cut. Those that show as sold or under offer have mostly has that status for a month or two at least. This seems to indicate a frozen market, and there's certainly not a restricted supply. Lower down, (250k and under), lots is coming back onto the market and there are loads of cuts. I went to view a place a couple of weeks ago, and the EA has chased me up a couple of times, despite me telling them I'm not interested at the price.