House prices to fall another 30pc as glut keeps growing

[Doggy Styles]

Yup.

You knew where you were with that nice Franco chappie.

I've heard of him. He used to blank out the Sun page 3 girls' tits with crude drawings of bikini tops.

[Troll]

Not sure that Europe is through the trough yet - 13 European countries with bubbles

[BrilloPad]

So when is a good time to buy?

At the trough.

HTH

[Old Hack]

I fancy a nice Spanish villa too. But sometimes its like buying a computer, you wait and a faster one is always around the corner. But at some point you have to jump in otherwise you never have the pleasure of owning one. Life is finite.

This is quite a good website to find out whats available

Kyero Mobile

Couldn't be closer to the truth if you tried! We bought in France after procrastinating for about 5 years. We eventually thought if we wait for the house prices to settle, we'll never buy, as we'd always think a better deal is around the corner. We bought in 2010 and I know the prices have dropped a little since, and will probably drop some more. But it's not an investment per se, as it's for the family for as long as they want it, and we didn't pay Corp tax to get the money out of the business to pay for it either, so I guess as that saved 20%, we're still up on the deal.

Hollande will ensure the prices plummet some more though the clown.

[escapeUK]

So when is a good time to buy?

I fancy a nice Spanish villa too. But sometimes its like buying a computer, you wait and a faster one is always around the corner. But at some point you have to jump in otherwise you never have the pleasure of owning one. Life is finite.

This is quite a good website to find out whats available

http://www.kyero.com

[VectraMan]

So when is a good time to buy?

1974.

[Ketchup]

So when is a good time to buy?

This is what i am wondering

[MarillionFan]

So when is a good time to buy?

[AtW]

In Spain where Govt can't print money to prop up the real estate bubble.

" RR de Acuña & Asociados expects home prices in Madrid, Barcelona and other major cities to fall a further 30pc in a relentless slide until 2018, but it may be even worse in sunbelt regions where 400,000 Britons either live or own homes.

Fresh losses could reach 50pc and drag on for 10 to 15 years in those places where construction ran wild during the bubble, bringing the total decline from peak to trough towards 75pc.

"The market is broken," said Fernando Rodríguez de Acuña, the group's vice-president. "We calculate that there are almost 2m properties waiting to be sold. We have made no progress at all over the past five years in clearing the stock," he said.

"There are 800,000 used homes on the market. Developers are sitting on a further 700,00 completed units. Another 300,000 have been foreclosed and 150,000 are in foreclosure proceedings, and there are another 250,000 still under construction. It's crazy."

The overhang is vast for a country with 48m inhabitants and annual demand near 200,000. It is coupled with an outflow of workers and the start of an aging population crisis. "

Spain's house prices to fall another 30pc as glut keeps growing - Telegraph