spanish house prices

[alreadypacked]

Also, aren't NAMA sitting on rather a lot of properties both north and south?

Spoke to an agent who had NAMA properties to sell, problem was he didn't have the paperwork.

Builders gone bust, builder guarantee not worth the paper it's written on. Banks will not lend on property without builder guarantee.

Could be a long time before NAMA finally get rid of all the property they have on their books.

[The_Equalizer]

Not much for sale/selling in Ireland, so stats may not be reliable.

It will take 1-2 years for people to save up the deposit now require to get a mortgage in Ireland. House prices will not be stable until then.

Buyers market at the moment, if people don't at the low price you have offered, you have gone in too high.

HTH

Also, aren't NAMA sitting on rather a lot of properties both north and south?

[alreadypacked]

There's always a turning point (unless war breaks out)

Looks like it may have arrived in Ireland..

Irish house prices rise for first month in five years | Business | guardian.co.uk

Not much for sale/selling in Ireland, so stats may not be reliable.

It will take 1-2 years for people to save up the deposit now require to get a mortgage in Ireland. House prices will not be stable until then.

Buyers market at the moment, if people don't at the low price you have offered, you have gone in too high.

HTH

[MrMark]

This story will keep repeating itself ad infinitum

There's always a turning point (unless war breaks out)

Looks like it may have arrived in Ireland..

Irish house prices rise for first month in five years | Business | guardian.co.uk

[DodgyAgent]

Open Europe warns that Spanish house prices may drop another 35pc, and that the country's banking sector could need an immediate €110bn capital injection to withstand potential losses.

This story will keep repeating itself ad infinitum

[mrdonuts]

Open Europe warns that Spanish house prices may drop another 35pc, and that the country's banking sector could need an immediate €110bn capital injection to withstand potential losses.