In the news over here they are saying it really is a "crash" in the housing market back home.....we all know the media bull it up out of proportion but for those back home is it really this bad
In the news over here they are saying it really is a "crash" in the housing market back home.....we all know the media bull it up out of proportion but for those back home is it really this bad
I know quite a few people have emailed me recently and are really struggling to sell houses. A friend has had hers on the market for over a year and nothing happening. I remember being almost caught by the negative equity in the 90's, don't know if it's a similar thing that's happening at the moment.
Will you be buying or renting Earslwood when you go back?
well.... I think its being blown out of proportion, there was thred about this a couiple of days ago.
I get emails form a company called mouseprice, which is linked to the land registry, so the figures are the official house prices that go to the land registry and in the last month prices rose by 1.8%, so although there are not as many houses being sold it seems that the prices arent dropping as bad as people are saying.
It could get worse though....!
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Five little kittens have arrived Amethyst, Topaz, Sapphire, Ruby and Emerald, but still no sign of Oli!TRA passed June 08 (woop woop) Now saving to pay all them there visa fees! Brisbane Aug 09 please!
There was a muppet on the BBC claiming that prices had fallen 25% in some places since last Sept (from housepricecrash.com what a surprise!). He was also comparing the UK market to US / Spain where there has been rampant supply for years where as in the UK there has been a chronic under supply.
Prices have fallen 6.9% in the last 12 months, hardly a crash more like an inevitable 'slow down'.
There was a muppet on the BBC claiming that prices had fallen 25% in some places since last Sept (from housepricecrash.com what a surprise!). He was also comparing the UK market to US / Spain where there has been rampant supply for years where as in the UK there has been a chronic under supply.
Prices have fallen 6.9% in the last 12 months, hardly a crash more like an inevitable 'slow down'.
Hmmm....don't know about that to be honest....My house was valued when we applied for our TRA last May and we had it revalued a few weeks ago and its 30 thousand less!!
I work as a building surveyor and therefore i can see what the market is like in this area as it affects myself and the company i work for. Its grim to say the least!! Only last week i spoke to another surveyor for quite a large company in Cardiff and they've just laid off 15 surveyors out of 45.
Some of the major players in the house building markets have implemented plans to stop building new houses and altho' it may have started of as 'Media Hype', its never long before the public start believing the speculation thats spread around.
There was a muppet on the BBC claiming that prices had fallen 25% in some places since last Sept (from housepricecrash.com what a surprise!). He was also comparing the UK market to US / Spain where there has been rampant supply for years where as in the UK there has been a chronic under supply. Prices have fallen 6.9% in the last 12 months, hardly a crash more like an inevitable 'slow down'.
It will be if it carries on for the next few years.
And Pinhead...get rid of your avator...it scares the kids and makes you look rather silly.
