Gel Posted June 20, 2008 Share Posted June 20, 2008 Anecdotal maybe, but I've spotted a huge number of price drops in Ashford, Kent today. Last two weeks not a lot has happened then a 4 bedder turned up from being sold to available for the second time in two months and is 4 beds for under 100k in Ashford. The house is in a dive of an area but the psychological impact this must of had this week is remarkable, I've spotted 5 10k price reduction on the first 3 pages of rightmove alone. Panic phase could well be on its way. Quote Link to comment Share on other sites More sharing options...
Paddles Posted June 20, 2008 Share Posted June 20, 2008 Patience, this isn't quite the capitulation phase. It's worth the delayed pleasure to wait for that stage. Late Spring 2009, I reckon. A realisation that there will be no Spring bounce and then the realisation finally sinks in. Quote Link to comment Share on other sites More sharing options...
Guest Winnie Posted June 20, 2008 Share Posted June 20, 2008 Anecdotal maybe, but I've spotted a huge number of price drops in Ashford, Kent today.Last two weeks not a lot has happened then a 4 bedder turned up from being sold to available for the second time in two months and is 4 beds for under 100k in Ashford. The house is in a dive of an area but the psychological impact this must of had this week is remarkable, I've spotted 5 10k price reduction on the first 3 pages of rightmove alone. Panic phase could well be on its way. Could it be The Wilsons? Wouldn't it be great?! Quote Link to comment Share on other sites More sharing options...
headmelter Posted June 20, 2008 Share Posted June 20, 2008 Could it be The Wilsons? Wouldn't it be great?! No it would be feckin' FANTASTIC. Quote Link to comment Share on other sites More sharing options...
Paddles Posted June 20, 2008 Share Posted June 20, 2008 (edited) Could it be The Wilsons? Wouldn't it be great?! The thing is, it doesn't matter does it? These properties will appear on the Land Registry as being sold at much lower prices than the Wilson's bought similar places for and AbbaCadaver! that's the going rate in the area and ergo, how much the Wilson's places have just dropped down to. [edit; I don't explain anymore. No apologies, no explanations] Edited June 20, 2008 by Paddles Quote Link to comment Share on other sites More sharing options...
sbn Posted June 20, 2008 Share Posted June 20, 2008 (edited) AVAST YE! SCURVY DOG! Let us Aaaarl enjoy an eyeful o' th twitchin' cAAarcassss! You have a WOMANS anecdotal! I'll wager that anecdotal has never be THRUST twix'd 2 estate agents tie knots to seperate them from a cash offer for 40% below aaaraskin'!! Aaaarghg Anyways..... the bubble philosophy aint so much rulez thems more what you'd call guidelinezzzzzz Do you believe in house price ghost stories missy?? You'd better YOU'RE IN ONE!!!! Edited June 20, 2008 by sbn Quote Link to comment Share on other sites More sharing options...
appletizzy Posted June 20, 2008 Share Posted June 20, 2008 A bloke at work today was talking about how he was going to put his house up for sale and take a loss on it, rather than trying to soldier on with mortgage payments that are now too high to afford. Quote Link to comment Share on other sites More sharing options...
dances with sheeple Posted June 20, 2008 Share Posted June 20, 2008 A bloke at work today was talking about how he was going to put his house up for sale and take a loss on it,rather than trying to soldier on with mortgage payments that are now too high to afford. How much of a loss does he think he will take? 5% or so perchance? Quote Link to comment Share on other sites More sharing options...
Guest DissipatedYouthIsValuable Posted June 20, 2008 Share Posted June 20, 2008 Quote Link to comment Share on other sites More sharing options...
Guest absolutezero Posted June 20, 2008 Share Posted June 20, 2008 Got to love Blackadder! Quote Link to comment Share on other sites More sharing options...
jammo Posted June 20, 2008 Share Posted June 20, 2008 Could it be The Wilsons? Wouldn't it be great?! As long as it's not Wilson - the fire-faced football of the Tom Hanks film Castaway, and true hero of the movie - enacting his revenge on suberbia for his torment. Arrrr, that'd be bad. Quote Link to comment Share on other sites More sharing options...
BandWagon Posted June 21, 2008 Share Posted June 21, 2008 AVAST YE! SCURVY DOG!Let us Aaaarl enjoy an eyeful o' th twitchin' cAAarcassss! You have a WOMANS anecdotal! Very good! Quote Link to comment Share on other sites More sharing options...
tinecu Posted June 21, 2008 Share Posted June 21, 2008 Anecdotal maybe, but I've spotted a huge number of price drops in Ashford, Kent today.Last two weeks not a lot has happened then a 4 bedder turned up from being sold to available for the second time in two months and is 4 beds for under 100k in Ashford. The house is in a dive of an area but the psychological impact this must of had this week is remarkable, I've spotted 5 10k price reduction on the first 3 pages of rightmove alone. Panic phase could well be on its way. Not loads of reductions but they are growing in number. e.g. http://www.home.co.uk/search/price_info.ht...perty=359581532 IMO they will have to cut deeper soon enough. Quote Link to comment Share on other sites More sharing options...
Elizabeth Posted June 21, 2008 Share Posted June 21, 2008 Patience, this isn't quite the capitulation phase. It's worth the delayed pleasure to wait for that stage.Late Spring 2009, I reckon. A realisation that there will be no Spring bounce and then the realisation finally sinks in. Bump. Paddles that is a really nice prediction. People are pressed now but they are still in la la land. missing one spring bounce is one thing. Missing two and people are going to wonder whether something has fundamentally shifted in the weather. Quote Link to comment Share on other sites More sharing options...
piece of paper Posted June 21, 2008 Share Posted June 21, 2008 Bump. Paddles that is a really nice prediction. People are pressed now but they are still in la la land. Missing one spring bounce is one thing. Missing two and people are going to wonder whether something has fundamentally shifted in the weather. A dead swallow event!! p-o-p Quote Link to comment Share on other sites More sharing options...
Elizabeth Posted June 21, 2008 Share Posted June 21, 2008 A dead swallow event!! p-o-p Quote Link to comment Share on other sites More sharing options...
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