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House Price Crash Forum

Is it finally happening?

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On 17/10/2016 at 10:36 PM, Si1 said:


I'm hoping for a decent price correction in Beverley. We're after a 3/4 bed house with a decent sized garden (we're talking big enough to have an allotment, workshop and room for the kids to play) within walking distance to the centre but there is nothing in budget (350K).

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1 hour ago, simon49 said:

York area is selling at the lower end, but anything decent over £500,000 is static, some have been on the market over a year now, but still with a sky high price in some sort of act of defiance against the inevitable.

We found a bargain property a couple weeks back that was too good to miss. Offered asking price but was gazumped by a cash buyer :-( Everything else on the market is rubbish and there's no value for money, so none of it is selling. There's a couple of do-er uppers with a lot of potential, but both priced about 25K above what they'd be worth after they're renovated, so just sat watching those in the hope that the vendors might get a reality check. Extremely stagnant market.

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