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Incredible Quote From Sussex Estate Agent

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Steve Goddard, chairman of the association's West Sussex branch (National Association of Estate agents) and whose firm has branches in Haywards Heath, Heathfield and Steyning, said: "I think these figures are inflated and do not tally with my experience. The Hove figure seems way off the mark. When you have a boom in prices you inevitably have a bust sooner or later, which is no good at all.

:blink:

His mate from East Sussex wasn't so bearish, but to hear this from a VI is good news indeed. Full article:http://www.theargus.co.uk/the_argus/news/NEWS2.html

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Steve Goddard, chairman of the association's West Sussex branch (National Association of Estate agents) and whose firm has branches in Haywards Heath, Heathfield and Steyning, said: "I think these figures are inflated and do not tally with my experience. The Hove figure seems way off the mark. When you have a boom in prices you inevitably have a bust sooner or later, which is no good at all.

:blink:

His mate from East Sussex wasn't so bearish, but to hear this from a VI is good news indeed. Full article:http://www.theargus.co.uk/the_argus/news/NEWS2.html

I think a LOT of established estate agents (Est. 10+ years) are of the opinion that staying in business in the long term is far more important than keeping this SLOW market going. They have experienced LOWS and know its coming.

Good on him for having the balls to say something

TB

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Steve Goddard, chairman of the association's West Sussex branch (National Association of Estate agents) and whose firm has branches in Haywards Heath, Heathfield and Steyning, said: "I think these figures are inflated and do not tally with my experience. The Hove figure seems way off the mark. When you have a boom in prices you inevitably have a bust sooner or later, which is no good at all.

:blink:

His mate from East Sussex wasn't so bearish, but to hear this from a VI is good news indeed. Full article:http://www.theargus.co.uk/the_argus/news/NEWS2.html

It's not just in Sussex:

http://www.eadt.co.uk/content/eadt/news/st...3A38%3A28%3A853

Peter Misslebrook, chairman of the Suffolk branch of the National Association of Estate Agents, said: “Certainly East Anglia and Suffolk are hot spots and house prices are strong at the moment, particularly if the property is in good condition. However I wouldn't want them to get any higher because that is not good to anyone - especially first time buyers.

“I have to say I'm surprised by the findings for this year and I wouldn't expect them to rise as much as 10% next year, particularly with the situation in the world at the moment.”

The fact that he's also from NAEA is notable.

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  • 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%



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