Jump to content
House Price Crash Forum
Sign in to follow this  
1andhownmany0s

House Prices Are Still Falling Despite A Healthy Pick-up In Sales

Recommended Posts

this is money

Surely someone has things the wrong way round. Isn't "A healthy pick-up in sales has been caused by prices continuing to fall" more accurate.

You wouldnt want people to choke on thier cornflakes would ya? :)

Share this post


Link to post
Share on other sites
Maybe...

Price picked up BECAUSE of price cuts: Bargain-hunters are buying.

But don't forget: Today's bargain price, is tomorrow's market level

Another way to look at is sellers desparate to sell due to fixed 3% deals ending who have been unable to afford 6% SVR been forced into to a quick reduced sale.

Don't beleive me go to www.housepricenet and see how many homes bought 2/3 years ago are now on the market, this can't just be coinsidence.

This all looks like desparate sellers rather than excited buyers.

Edited by Dicky

Share this post


Link to post
Share on other sites
Another way to look at is sellers desparate to sell due to fixed 3% deals ending who have been unable to afford 6% SVR been forced into to a quick reduced sale.

Don't beleive me go to www.housepricenet and see how many homes bought 2/3 years ago are now on the market, this can't just be coinsidence.

This all looks like desparate sellers rather than excited buyers.

Interesting theory Dicky!!! Will look into this - looks like all the people who borrowed at the 3% low are struggling with the crippling amount they borrowed. Unfortunately people look at the monthly repayment and not the whole picture. GOOD SPOT! ;)

Share this post


Link to post
Share on other sites
Maybe...

Price picked up BECAUSE of price cuts: Bargain-hunters are buying.

But don't forget: Today's bargain price, is tomorrow's market level

and next week's falling knife <_< .

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.