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allsops auction

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    allsops auction

    reviewing sale vs guide price, house prices look like they're taking off. anyone agree?

    #2
    Yes, you have to move fast fast fast.

    Offer asking price x 2. House prices only ever go up.

    Yours,

    Kirsty and Phil (bankrupt).

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      #3
      Like the new avatar DP - a great improvement on the last one.
      I'm sorry, but I'll make no apologies for this

      Pogle is awarded +5 Xeno Geek Points.
      CUK University Challenge Champions 2010
      CUK University Challenge Champions 2012

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        #4
        We were at an auction the other day in manchester and very few lots managed to met the reserve.

        I would think a reserve in an auction is going to be very low and would likely be met - hence why it's in an auction.

        Can only see the market going down this year.

        Comment


          #5
          Originally posted by BigTime View Post
          house prices look like they're taking off.
          What fooking planet are you on then? Its brain dead market ramping morons like your good self that got us in this mess.
          The Mods stole my post count!

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            #6
            Originally posted by BigTime View Post
            reviewing sale vs guide price, house prices look like they're taking off. anyone agree?
            Where were these houses? Seems to be alot of regional variations (stating the obvious!).

            Comment


              #7
              Originally posted by BigTime View Post
              reviewing sale vs guide price, house prices look like they're taking off. anyone agree?
              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.

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                #8
                Originally posted by BigTime View Post
                reviewing sale vs guide price, house prices look like they're taking off. anyone agree?
                I kinda know what you mean as no one seems to have told people inLondon and the South East there is a credit crunch.

                Numpties will learn the hard way.

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                  #9
                  Originally posted by Doggy Styles View Post
                  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.
                  Aye, 'fraid so.
                  How did this happen? Who's to blame? Well certainly there are those more responsible than others, and they will be held accountable, but again truth be told, if you're looking for the guilty, you need only look into a mirror.

                  Follow me on Twitter - LinkedIn Profile - The HAB blog - New Blog: Mad Cameron
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                  "We hang the petty thieves and appoint the great ones to high office" - Aesop

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                    #10
                    Originally posted by BigTime View Post
                    reviewing sale vs guide price, house prices look like they're taking off. anyone agree?
                    If you look at previous results many lots are withdrawn, unsold or sold prior (withdran before the sale) I have been told even 40% - 50% of the "sold" did not go through. I have seen some lots that were posted as "sold", listed in other auctions.

                    I don't think we will see bottom until next year or the year after. People are not ready for reality yet!
                    Fiscal nomad it's legal.

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