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Boomed!
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Originally posted by oracleslave View Post
It must be true. It's in the FT too.
http://www.ft.com/cms/s/0/f4e013ea-e...0779fd2ac.html -
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Its all the shoe shine boys getting in the on act.
Doomed I say. Doomed.
Went to a house auction last week. The house I was looking at didn't sell. No offers. None.
Most houses went 25% below the guide price which were fair valuations (well fiar ish).. The only things that went for over the guide price was land.Comment
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Originally posted by Sockpuppet View PostIts all the shoe shine boys getting in the on act.
Doomed I say. Doomed.
Went to a house auction last week. The house I was looking at didn't sell. No offers. None.
Most houses went 25% below the guide price which were fair valuations (well fiar ish).. The only things that went for over the guide price was land.Comment
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Originally posted by Sockpuppet View PostMost houses went 25% below the guide price which were fair valuations (well fiar ish).. The only things that went for over the guide price was land.The Mods stole my post count!Comment
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Originally posted by oracleslave View PostIs an auction a fair reflection though? Never been to a house auction but aren't those mostly reposessions and hence they always go for much less than the asking price?Comment
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Originally posted by rootsnall View PostThere has been that much BTL/investor money out there that the prices at auctions have been similar to negotiated sale stuff. Infact on some of the lower end terrace property you might even of paid more !Comment
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Originally posted by DimPrawn View PostUK property cannot go down. It's different this time.Comment
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