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House Price Crash Forum


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About architect

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    HPC Newbie
  1. Well don't feel too bad. Remember, you want it because you think you lost it! Just keep an eye on it - lots of 'deals' fall through. Something else will come up. Good luck.
  2. I too suspect it is not your offer. I'm sure you'd know if it was. You are not clear if the offer you did put forward was officially refused. If it was not, I guess there's no harm checking; it will at least put your mind at rest.
  3. “Vendors instruct estate agents to achieve the ‘maximum sale value of their home’ – that is part of the estate agents job. Estate agents compete with each other for instructions by promising to maximise sale value.” ...and when too many agents compete for a limited supply of property to sell (regardless of actual demand to buy those properties) they are more or less forced to inflate the value of the property to secure the instruction. This much we know. But is it bad for the consumer? It’s obviously bad if you’re trying to buy a house, forced as you are to pay as much money as possible by t
  4. Hi and thank you for your replies, it's interesting to have other perspectives. It's fair to say I made a mistake selling my place in 2009; I obviously didn't anticipate the impending inflationary spike that seemed to have begun the day I handed over my keys. Since then there has been little real opportunity to buy back in - the sense of missing the boat and new tough lending conditions can be wearisome. Thinking about what's happening now. There are more houses for sale in N5 than there's been for a very long time; the result of a slow trickle of sub million pound houses coming to market b
  5. Amazing isn't it? Islington's an expensive place, but my god will anyone buy this - isn't it a garage tacked onto the side of a real house...
  6. Is anyone looking in the north London area? For some time now I've been looking to buy in & around the N1,5,6,7 area. Having watched HP's literally rocket through the second half of 2009 & early 2010 due to limited supply & strong bidding from buyers, things finally appear to be on the turn. Houses seem not to be selling after weeks or months of marketing & stock levels are rising. Prices however remain stubbornly high despite the lack of buyers. I'm told sellers are very reluctant to reduce prices or consider offers regardless of the market - that's frustrating! Casting my mi
  7. http://www.rightmove.co.uk/property-for-sale/property-28908805.html/nomsite Best part is there's room to park a bike in the front garden - from where it would be stolen...
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