Norfolk Whinger Posted May 21, 2007 Share Posted May 21, 2007 This is my first post so please don't shoot me down in flames! I check rightmove daily (as I have done for the past year) for properties within my target area (10 miles) of a small village in West Norfolk. Today there were 31 new properties listed within the last 24 hrs, 8 of these are new builds - all of them on a price drop - same shoe box, different price... Also (and sadly out of our price range) two identical houses for sale but with a £61K price difference between them, one vendor obviously more motivated than the other to sell yet both still on the market 6 months later. Anecdotal and probably b***cks - like I said I am a newcomer so do be kind! Quote Link to comment Share on other sites More sharing options...
Rachel Posted May 21, 2007 Share Posted May 21, 2007 This is my first post so please don't shoot me down in flames!I check rightmove daily (as I have done for the past year) for properties within my target area (10 miles) of a small village in West Norfolk. Today there were 31 new properties listed within the last 24 hrs, 8 of these are new builds - all of them on a price drop - same shoe box, different price... Also (and sadly out of our price range) two identical houses for sale but with a £61K price difference between them, one vendor obviously more motivated than the other to sell yet both still on the market 6 months later. Anecdotal and probably b***cks - like I said I am a newcomer so do be kind! i've been checking rightmove for my area and properties under £150k and in the last 3 weeks there have been 200 more properties added. not that i am considering buying yet!....just checking! Quote Link to comment Share on other sites More sharing options...
waitingandsaving Posted May 21, 2007 Share Posted May 21, 2007 Welcome Norfolk Whinger! We don't all bite! I'm in Norwich, and have seen lots of properties sticking on the market for a long time, including New Builds. There's been a lot of speculation about the HIPs effect - maybe the big influx of houses on the market is just starting? Are the 2 identical houses on the same street? £60k is a BIG difference! If they're both still on the market, then they're both still overpriced... Check out the House Prices in Your Area section - there's a thread on Norwich/Norfolk, and one on Cambridge, which, if you're West Norfolk, might be more relevant, but they're worth a snoop if you haven't already! Quote Link to comment Share on other sites More sharing options...
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