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NorthamptonBear

Lots Of Reduced Stickers Coming Through On Email From Rightmove At The Moment.

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Northampton and surrounding area.

Lots of reduced stickers coming through on email from rightmove at the moment.

I wondered about other areas - what are people seeing?

Not really looking, but this http://www.espc.com/properties/details.aspx?pid=329252 tells me all is not well in Ponzi land :lol: And with Cameron even going on about "renting as dead money" we know that The End approacheth B)

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Northampton and surrounding area.

Lots of reduced stickers coming through on email from rightmove at the moment.

I wondered about other areas - what are people seeing?

"Renting money is dead" - I like that :lol: If enough sheeple wake up to this, the present system dies?

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I've had a number of blatant ramping leaflets from local EA's

through the letterbox in the last week, the last one had 10 houses pictured with SOLD STC stamped on them and asking for more properties for sale in the area as if they've run out.

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Several reduced in several areas I keep an eye on.

A few going SSTC but interesting price info coming through. Down down, deeper and down.

Edited by SarahBell

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Several reduced in several areas I keep an eye on.

A few going SSTC but interesting price info coming through. Down down, deeper and down.

Thanks and thanks to all others. The selling prices are key.

Ramping only goes so far...

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Wish I was seeing falls here in asking prices. A terrace in a fairly daggy bit of Streatham/Tooting, and the house a couple of doors up is on for £500,000.

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Wish I was seeing falls here in asking prices. A terrace in a fairly daggy bit of Streatham/Tooting, and the house a couple of doors up is on for £500,000.

I would keep well away from Londin(ish) areas - London is bubble territory. You have to ask yourself why when back in 2007 they were giving money away nobody wanted to pay that much for London and now they do.

It's because it is a $hit hold and nobody would live there out of choice.

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Seeing reductions and houses being re-listed having been previously 'sold' in Surrey and Berkshire so the slide may be starting.

I hope all these posting sentiments are right! THERE ARE A FEW REDUCTIONS around me in Sussex, but generally the number of home sales has picked up. All good stuff in right locations is selling well and EA's have little left! Not seeing many increases at present. I see a good number of new homes not selling where they are above £350k because, as I have said many times on here, the multiples of income required for homes in the South is staggering. It was even shown on BBC news the other day - Chelsea is 28 X average income to buy a home! Most of the south is still in 5-9 x bracket!

It will Have to correct eventually.

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Where I am (inner West Cardiff) prices are still going up. Volumes - 132 sold within half a mile of me in the last year (fairly dense housing).

There are parts of the city where prices are dropping, in areas which are becoming less salubrious, but they're small and pretty rare.

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It's because it is a $hit hold and nobody would live there out of choice.

I'm afraid it's not that black and white. Sorry - wish it was. Life would be much simpler.

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I'm on the North Essex coast. Anything sub 350K sells pretty sharpish. Up to 450K moves promptly if both house & location are good, otherwise it lingers......

This is in an area where average local earnings are 22K. However London is a mere 90 minute commute away*

* When the A12 is running. It's shocking how many people (including me) are on the road at 05.30.

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I'm on the North Essex coast. Anything sub 350K sells pretty sharpish. Up to 450K moves promptly if both house & location are good, otherwise it lingers......

This is in an area where average local earnings are 22K. However London is a mere 90 minute commute away*

* When the A12 is running. It's shocking how many people (including me) are on the road at 05.30.

Mad. Good luck on keeping your sanity during the winter!

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I would keep well away from Londin(ish) areas - London is bubble territory. You have to ask yourself why when back in 2007 they were giving money away nobody wanted to pay that much for London and now they do.

It's because it is a $hit hold and nobody would live there out of choice.

I live in London through choice. I would as soon emigrate as live somewhere else.

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I don't see the momentum in the market that I was expecting in view of Help to Boomers 2. I was pretty bullish about how things were going back in the summer because of seeing a high proportion of sold signs, that seems to have stalled around here (also East Midlands).

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I don't see the momentum in the market that I was expecting in view of Help to Boomers 2. I was pretty bullish about how things were going back in the summer because of seeing a high proportion of sold signs, that seems to have stalled around here (also East Midlands).

very few sold signs last couple of weeks.

Many more sold first 2 weeks of September.

So it seems to be running out of steam, HTB2 doesn't seem to have hindered the market yet.

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very few sold signs last couple of weeks.

Many more sold first 2 weeks of September.

So it seems to be running out of steam, HTB2 doesn't seem to have hindered the market yet.

Exactly as I have seen it. October should be the peak selling month for the second half year of the year, it appears we got the autumn rush early.

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Exactly as I have seen it. October should be the peak selling month for the second half year of the year, it appears we got the autumn rush early.

perhaps an extra 100 quid a year on heating/light plus higher prices for food etc are making people wonder if 'moving up' is worth it.

Moving sideways ie area for another job involves lots of cash and some risk.

Hunkering down I suspect and trying to downsize if someone daft enough to offer what they think they are entitled to.

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Exactly as I have seen it. October should be the peak selling month for the second half year of the year, it appears we got the autumn rush early.

Yes, the EAs round me are already panicking and then trying to say that prices will have to go up.

It is a joy to see loads that went 'sold' back in the summer now coming back available.

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Yes, the EAs round me are already panicking and then trying to say that prices will have to go up.

It is a joy to see loads that went 'sold' back in the summer now coming back available.

Those house prices are mad. What private industry is there to support them?

What public employment affords that kind of mortgage? And is such employment possible medium term?

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