editha Report post Posted November 2, 2010 I've been keeping tabs on the Bridport and Beaminster area through Rightmove, because it is on our list of places to possibly retire to in a couple of years time. What I notice is that properties are not selling at all. According to Rightmove no house sales have been registered at the Land Registry since spring 2008. Some houses seem to have come down 25% in price without shifting. Others still look as if they're being offered at peak of the market valuations. I'm guessing that what is on the market is mostly second homes, with owners who think they can wait until the market recovers. So what will happen? Will prices crash in the area, or will the market recover? And how far should prices fall from their peak? I'd like people's opinions. Quote Share this post Link to post Share on other sites
eric pebble Report post Posted November 2, 2010 So what will happen? Will prices crash in the area, or will the market recover? And how far should prices fall from their peak? I'd like people's opinions. 40%. And elsewhere in the country - 50 or 60%. And then STAY THERE. Quote Share this post Link to post Share on other sites
SarahBell Report post Posted November 2, 2010 According to Rightmove no house sales have been registered at the Land Registry since spring 2008. http://www.houseprices.co.uk/e.php?q=Bridport Quote Share this post Link to post Share on other sites
