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    #11
    thanks for the useful comments. i've been advising someone looking to return from abroad to wait but this had me worried that they should wait no more.

    june 30 is the bottom of the housing market btw according to cramer.

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      #12
      Originally posted by BigTime View Post
      thanks for the useful comments. i've been advising someone looking to return from abroad to wait but this had me worried that they should wait no more.

      june 30 is the bottom of the housing market btw according to cramer.
      I assume they mean June 30 in 2011.

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        #13
        Originally posted by Doggy Styles View Post
        No.

        Houses are still overpriced by the historical trend, and unemployment is now rising faster than a rat up a drainpipe.

        Ignore one-off rogue stats - you have a long wait before they "take off" again.
        Agree - it is just that some people have not yet come to terms that prices are still over inflated.
        "The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instead of living on public assistance." Cicero

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          #14
          Guide prices are being set crazily low to get the punters through the door at present. A recent one that sticks in the mind was a biggish flat in Park Crescent (top of Portland Place W1) - guide price £220k, sold for about £450k

          Or have you been tracking for a few years?

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