Anecdotal indicators - house price blip.

[johnfm]

I've sold a £650k house in less than 2 weeks. Hearing many experiences of friend's houses selling, people buying houses and, most recently, properties in Florida (where the bottom has surely been called)lasting less than a day and having to pay 15%+ over asking - is this a bear trap or was the news of our demise slightly premature?

[NoelWatson]

johnfm said:

I've sold a £650k house in less than 2 weeks. Hearing many experiences of friend's houses selling, people buying houses and, most recently, properties in Florida (where the bottom has surely been called)lasting less than a day and having to pay 15%+ over asking - is this a bear trap or was the news of our demise slightly premature?

Are you saying that Florida has reached a bottom?

[Dave_ST220]

Anyone who sells on here has either given it away or was lucky, obviously

[anonymous-user]

Dave_ST220 said:

Anyone who sells on here has either given it away or was lucky, obviously

Or priced according to the market! Anything will sell at the right price, special stuff will sell at a higher price.

[ofcorsa]

we've recently bought a house, It had been on sale 12 months at a higher price, its now fallen to a price we belive is sensible,

I can afford the mortgage and im not interested in how much it is worth for the next 10 years or so.

This is UK BTW

[HRG]

NoelWatson said:

johnfm said:

I've sold a £650k house in less than 2 weeks. Hearing many experiences of friend's houses selling, people buying houses and, most recently, properties in Florida (where the bottom has surely been called)lasting less than a day and having to pay 15%+ over asking - is this a bear trap or was the news of our demise slightly premature?

Are you saying that Florida has reached a bottom?

[johnfm]

NoelWatson said:

johnfm said:

I've sold a £650k house in less than 2 weeks. Hearing many experiences of friend's houses selling, people buying houses and, most recently, properties in Florida (where the bottom has surely been called)lasting less than a day and having to pay 15%+ over asking - is this a bear trap or was the news of our demise slightly premature?

Are you saying that Florida has reached a bottom?

From the limited anecdotal I have, it would anecdotally seem that way

[NoelWatson]

HRG said:

NoelWatson said:

johnfm said:

I've sold a £650k house in less than 2 weeks. Hearing many experiences of friend's houses selling, people buying houses and, most recently, properties in Florida (where the bottom has surely been called)lasting less than a day and having to pay 15%+ over asking - is this a bear trap or was the news of our demise slightly premature?

Are you saying that Florida has reached a bottom?

Let me guess. You were working when the Halifax numbers came out this morning?

[HRG]

Under the car, but I'm still optimistic Bart will be there to haunt you come late summer