stevie1969 Posted March 29, 2007 Share Posted March 29, 2007 3.9% drop in prices in Wales eeek Quote Link to comment Share on other sites More sharing options...
BubblesBurst Posted March 29, 2007 Share Posted March 29, 2007 Interesting, lets hope so. I just requested to increase the price of my property for sale with an agent as "property had increased 9% in the last year" Ha ha. I was told by the Eastern European agent in broken english that "prices were coming down and you give me your key" ! I was shocked and said that surely they can only ever go up and as such I want to put mine up as that's what houses do and NO you can't have the key! Later her boss phoned back and said she shouldn't have said that and "no they weren't going down but had reached a level". Level eh, that sounds like capitulation to me. Hmmmm no bonus for that not so local lady this month. Quote Link to comment Share on other sites More sharing options...
nohpc Posted March 29, 2007 Share Posted March 29, 2007 Interesting, lets hope so.I just requested to increase the price of my property for sale with an agent as "property had increased 9% in the last year" Ha ha. I was told by the Eastern European agent in broken english that "prices were coming down and you give me your key" ! I was shocked and said that surely they can only ever go up and as such I want to put mine up as that's what houses do and NO you can't have the key! Later her boss phoned back and said she shouldn't have said that and "no they weren't going down but had reached a level". Level eh, that sounds like capitulation to me. Hmmmm no bonus for that not so local lady this month. Change Estate Agents pronto! I can't believe you are still marketing with them. There is an internet estate agent that charges no sign up fee and 0.75% commision on a sale. They are a proper estate agent and advertise on all the major estate agent sites on the net. Quote Link to comment Share on other sites More sharing options...
Warwick-Watcher Posted March 29, 2007 Share Posted March 29, 2007 3.9% drop in prices in Wales eeek Perhaps there's a leek somewhere ? Quote Link to comment Share on other sites More sharing options...
Limpet Posted March 29, 2007 Share Posted March 29, 2007 3.9% drop in prices in Wales eeek No doubt headline news on the Beeeeeb Quote Link to comment Share on other sites More sharing options...
Gone baby gone Posted March 29, 2007 Share Posted March 29, 2007 3.9% drop in prices in Wales eeek That'll be the spring bounce for you that will. Quote Link to comment Share on other sites More sharing options...
Badger Posted March 29, 2007 Share Posted March 29, 2007 This is a Rarebit of news. Quote Link to comment Share on other sites More sharing options...
BubblesBurst Posted March 29, 2007 Share Posted March 29, 2007 Change Estate Agents pronto! I can't believe you are still marketing with them. There is an internet estate agent that charges no sign up fee and 0.75% commision on a sale. They are a proper estate agent and advertise on all the major estate agent sites on the net. Yes they are astonishingly incompetent just 2 days after the Shock interest rate rise I asked them if they thought it would deter people they said "Yes interest rates are supposed to go up soon" What! don't you talk about such relevant things in the office they went up 2 days ago, shocked the city? "Oh we only sell them here". Then when they bring someone for a viewing they ask me "how many bedrooms does it have" and "Is that your parking driveway" ? It would be nice if they could read the details first and not send a couple looking for a 2 bed bungalow to view a house! Well they do employ cheap foreign imports. Quote Link to comment Share on other sites More sharing options...
stevie1969 Posted March 29, 2007 Author Share Posted March 29, 2007 the balance is slowly tipping I have not seen this make the news though http://news.bbc.co.uk/1/hi/business/6506059.stm However, the latest survey from the Land Registry found that house price inflation in England and Wales had picked up. It said that in February prices rose by 1%, pushing the annual rate of inflation up to 8.5% - the highest rate for almost two years. According to its calculations the average selling price in England and Wales is now £177,099. Prices are rising fastest in London, it reported, where they are now 11.3% higher than a year ago Ah - the Beeb has a HPI slant again - no mention of other regions declining Quote Link to comment Share on other sites More sharing options...
margamboy Posted March 29, 2007 Share Posted March 29, 2007 Looking at the this map from the same report it can be seen that wales overall had >9.1 growth in many counties.The highest consentration in the whole of the uk I would say that prices run away a little and are coming back in line Quote Link to comment Share on other sites More sharing options...
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