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Just Thinking Not Seen Many Drops Recently


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HOLA441

Hi all

I was just sitting here thinking that i have not seen any price drops recently in my local area.

So i went on rightmove and had a look around and low and behold

http://www.rightmove.co.uk/property-for-sa...cending%3Dfalse

Asking price increase, this house had gone from Availible to SSTC many times over the last year and yet now they raise the asking price.

When are the next figures out?

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HOLA442
Hi all

I was just sitting here thinking that i have not seen any price drops recently in my local area.

So i went on rightmove and had a look around and low and behold

http://www.rightmove.co.uk/property-for-sa...cending%3Dfalse

Asking price increase, this house had gone from Availible to SSTC many times over the last year and yet now they raise the asking price.

When are the next figures out?

There was mention of this in another thread.

Houses hanging around SSTC for ages at price A.

Coming off Rightmove.

Back on again at higher price B for a short time.

Then *miraculously* "Price Reduced" - (from price B to price C) which gives the (wrong) impression that the house is more heavily discounted. Potential buyer thinks "Oooooh - it was on at B now it's at C" - when in fact it was on at A - and didn't sell.

Basically b*llocks.

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