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| Thread ID: 109369 | 2010-05-05 10:09:00 | Is now a good time to .... | beetle (243) | PC World Chat |
| Post ID | Timestamp | Content | User | ||
| 882479 | 2010-05-05 10:09:00 | Is now a good time to be in the property market? :waughh: To buy or to sell? im getting major differing opinions........... house's close to me in my street have moved fast............. but a friends house has been on the market 18 months and nothing is happening? beetle :) |
beetle (243) | ||
| 882480 | 2010-05-05 10:11:00 | It's always a good time to be in the property market, beetle. For one of the parties to the sale, anyway (excluding the agent and the lawyers). | johcar (6283) | ||
| 882481 | 2010-05-05 10:14:00 | If you can get the house you want at the price you want it's a good time to buy. If you can sell the house you don't want at the price you want, it is a great time to sell. In either case, it is probably the wrong time for the other person. For the land agent and the lawyers, it is all grist to the mill and big dough for little real effort. Tuesday is a good time to sell, Wednesday is a good time to buy (except when it isn't). [Err. snap.] |
R2x1 (4628) | ||
| 882482 | 2010-05-05 22:39:00 | well i see theres a lot of input on this one.......................:p ok different tack............. who out there is buying or selling there house? thanks guys for the input so far! :D beetle |
beetle (243) | ||
| 882483 | 2010-05-05 22:58:00 | From my experience, it doesn't matter when you sell, as long as you are buying on the same market straight away. Ken |
kenj (9738) | ||
| 882484 | 2010-05-05 23:30:00 | Whats it say about the price your friend is asking for her house? Neigbour here same took a year to sell house but was probaly stalling because it was a divorce jobby. |
prefect (6291) | ||
| 882485 | 2010-05-05 23:40:00 | In todays market if you recently bought, say in last 2-5 years........... can you expect it to be in a similar price range as you bought it? or is the market still high or gone real low?? considering options......... the people who own house's say yes sell the ones that rent say no way you will get ripped off..... beetle :stare: |
beetle (243) | ||
| 882486 | 2010-05-06 00:32:00 | We have recently sold our house. Three weekends of open homes and then sold at auction. We had to drop our reserve by $8000 which was not too bad. There are other houses in our street that were for sale before we put our house on the market and they are still for sale some months later. From what we have seen and heard when looking for another place to lay our heads, prices have not increased all that much of the past five years or so. We bought our place 34 years ago so there was a nice profit. I don't think that the prices have decreased all that much but they have not increased as much as many people expected them to. There are so many variables in real estate that it may be difficult to predict where prices will go. If you are not desperate to sell then it may be prudent to wait for a year or two until prices pick up again. |
Roscoe (6288) | ||
| 882487 | 2010-05-06 00:59:00 | In todays market if you recently bought, say in last 2-5 years........... can you expect it to be in a similar price range as you bought it? or is the market still high or gone real low?? Every house and area is different. We got our current new built house just before the housing market went crazy, even now coming out of a *recession* and the slowing of the market, our house is, at least on paper, worth about 300% more than what we bought at, according to the QV site while our local council has valued us for rates a little lower than QV. My sisters house was gone in 3 days without even being listed in the middle of the the recession while my brother waited several months and had reduce his asking price by $5000 but was still a good sale for them just a month ago. Everyone has a opinion as to whether it is a good time to sell or buy, depends on which side of the fence you are on. |
PinoyKiw (9675) | ||
| 882488 | 2010-05-06 01:20:00 | house's close to me in my street have moved fast............. but a friends house has been on the market 18 months and nothing is happening? That suggests your friend's house is priced too high. I've been searching, some houses have sold within days of the first open home, where the offers have been placed before the first open home. In all of these instances, the vendors were wanting a sale. Its the houses that are asking ridiculously high prices which are in the realtor's magazines every week for months. I've known of a couple which have been on the market for over a year. If there was a time to sell, it would have been the end of 2009 when prices picked up. Based on what i have seen recently, houses are selling for noticeably lower now. |
utopian201 (6245) | ||
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