Thursday, August 27, 2009

It’s a stand off

Third 'refuse to drop home price'

35% of sellers won't accept less than the full asking price. Only 12% of househunters are prepared to offer it.

Posted by tenyearstogetmymoneyback @ 08:06 AM (3142 views)
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2 thoughts on “It’s a stand off

  • The sellers have been reading the property ramping articles in the Times and BBC online. Given that sellers think prices will continue to rise (Nationwide survey is up again) would you drop the price?

    My thoughts are that after the “spring bounce” is over in October, interest rate rises and unemployment will dampen sentiment considerably. However, that could be manipulated a little bit by NuLab – depends when they call the election.

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  • there will be a HPC within the next 20 years, only a fool would wager when.

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