jo b
14th June 2005, 10:21 AM
I can't blo88y believe it.
For years and I mean years not 1 house was up for sale in my street yet another across the road from me has gone up for sale. It seems there is a conspiracy there is now 6 up for sale in our small housing development. :wah :wah :wah :wah One road which splits off into 4 cul-de-sacs.
We have just dropped our price by £10k :wah :wah :wah
It's on more website than you can shake a stick at and still no viewers let alone buyers. Does anyone know what's happening with the housing market??
Jo
StevieD
14th June 2005, 11:34 AM
Oh dear, sorry to hear it Jo :( :( :( Stick at it, sure you'll be o.k.
Steve
jubjub
14th June 2005, 12:07 PM
Jo, exact same situation happened to us, including a house almost identical, but we stuck it out and got a sale, not quite as high as we had anticipated, but was high enough for us to move on, the house like ours has only just sold, 6 months later, we sold in 6 weeks. If you have got a good house at the right price, it WILL sell. (may not feel like that at the moment to you though).
Good luck.
Diny
14th June 2005, 12:26 PM
Hang in there little buddy. Although it doesn't seem like it at the moment, it WILL sell.
Like Elaine said to me the other day:
IT ALL COMES TO THOSE WHO WAIT.
Fingers crossed for you ..... believe me, I know exactly what you're going through.
Diny
Rimbo
14th June 2005, 10:25 PM
Just like buses Jo, in all senses i suppose :( . Don't dspair, me and susan have still got our chins up and we're several months down the line.
Why don't you send Ian out and you can stay there. Don't worry, i'll keep him company :cheers :cheers
seriously, my hopes are with you,
John :cool
jo b
14th June 2005, 10:30 PM
John
that certainly is an option believe me.
We have a target month of September.
jo
Carol
14th June 2005, 10:37 PM
Got everything crossed for you Jo......
I love that expression BTW......"more than you can shake a stick at"
Billy Connollly memories!!
Paul and Linda
14th June 2005, 10:54 PM
Hi Jo, were in a similar situation. Our house has been on the market for over 7 weeks. That doesn't seem a lot but we got our PR in Feb so I need to make sure that even if we have a buyer pull out or delays in a chain, then we would still have time to get to NZ before our visas run out.
We don't have the capability to go without selling the house and every day at work seems like a lifetime (I manage shift people, so every 2 days a new set come in and say....sold your house yet Paul?....argghhh!)
To add oil to the flames I would not have stayed in this job if we were not going to NZ, I have done my work here and need new challenges.
I am desperate for a sound offer on our house, we have dropped the price by 7K, got 5 more sets of people in to look at it, none found it suitable (its terraced with limited parking at the front and there are so many semis with drives and garages that I feel that we are fighting a losing battle). It's annoying because our house is beautiful the garden is large and well landscaped and there is off road parking from the lane at the rear.....but so many 2 car families would find it slightly awkward to get parking for their other car. Ho hum, just need that one person for whom the parking is acceptable and any offer within 10K of our current asking price would be snapped up.
We're thinking about dropping the price still further to get a few more viewings because it's all so slow and we don't want to be left on the shelf at the end of the year (apparently it has been estimated that only 0.7million houses will sell this year, compared to 1.1 million at the worse part of the 90's housing slump).
It's a bitter pill to swallow to have to do what we are doing just to get viewings on a perfectly good house but there is so much choice and the market is falling (not massively according to the press, but just look in the estate agents windows....everything is reduced!).
I am currently in a very aggresive mood i.e I am taking drastic steps to pull viewers in to actively sell our house, I don't feel able to wait and see what happens.
Plus I keep having these dreams....If you drop it they will come.
I can only presume the voice means our house price, otherwise I am starting to get a little worried!
Ho hum, can't say I believe in luck, but chance favours the prepared!
All the best
Paul
Daffy
15th June 2005, 01:14 AM
I've been looking at buy in the south east since Nov 2004, and many houses aren't moving, enough ones I looked at back in Nov Dec. Sellers aren't dropping and buyers aren't willing to pay.
I bought last month 10k below the asking price with kitchen white good thrown in.
A mixture of estate agents over valuing property and the market stagnating.
It depends on how quick you want a sale whether you should drop, but it look like prices a gonna drop.
Checkout rightmove.co.uk, they do month property reports.
kiwidebs
15th June 2005, 02:14 AM
Hi Jo
I really feel for you guys at the mo. We're about to put ours on the market and realise there is three other identical properties on in our immediate vaccinity (sp?). We all have done slightly different things to the properties - our garden is fabulous (we had it landscaped two years ago) and bigger than alot of the other houses have, one house has converted the integral garage into a room, another has moved the kitchen to the ground floor (ours is on the first floor)......but they're all asking about what we think we will ask. I guess it will come down to what people want!! We were talking last night about how low we are willing to go - I guess we won't really know till we put it out there and see what happens.
Good luck
Debs
wayne
15th June 2005, 03:54 AM
Its best not to get too down as there is nothing you can do about it we put our house on the market in december 04 and didnt get a viewing until march 05, we have a buyer now and it all looks set for us to go the first week in august :clap its just that the market is in the doldrums at the moment the good thing is so is NZ's housing market
Kim39
15th June 2005, 03:55 AM
Hang on in there Jo. You know our story and what we have been through,so there's no point in repeating it. Just to say that after close on 12 months it happened.
I have to say though that quite a few around our area have been taken off the market solely because the market is dead. I know you have dropped the price by a chunk,but it could mean another drop just to keep ahead of that competition.
Good Luck Lass
Kim
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