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04:30pm, 30th Jan 2008

House prices data

Smooth_stallion

[Profile - Diary]

Credit crunch, over valued pound and weak US $, over valued house prices, lack of affordable houses, slowing housing sector, decreasing mortgage approvals down to levels on par with 1995...)

There's talks of a significant drop in house prices this year... If one had the capital, and this drop does hapen, would it be a wise idea to acquire a few properties? it si a cycle afterall, and what comes up must come down as what goes down must come up (in this matter anyway)

So, who thinks there really is gona be a downward spike in house prices this yeare? WHo will capitalise on the credit situation and invest large sums of money for the future?

who wants to buy a cheap bank? uiet a few going around atm... once in a generation opportunity i must say... Can someone lend me a few billion? I#'d like to buy Northen Rock
lol

04:37pm, 30th Jan 2008	House prices data
Smooth_stallion [Profile - Diary] Msg no: 877550	just something that i was thinking aobut, added in with a couple fo extra things got it from reuters anyway, what of the over valued poundddddd better takle advantage of the pound now guys, gona be a dropppp in the later months of thisnyear

10:14pm, 17th Mar 2008

House prices data

rikshawalla

[Profile - Diary]
Msg no: 877889

Things will get VERY interesting come the end of the summer.

A lot of people whose fixed rate mortgages are coming to an end are now looking for new deals only to find themselves paying 30/40% more per month.

Banks like Halifax (largest mortgage lender in the uk) are now offering 6%+ on one year savings certificates so its not unreasonable to expect mortgage rates going up to the 7% mark.

People who purchased places pre 2004 should be ok but anyone who bought in the last few years will no doubt have a few sleepless nights ahead.

10:36am, 19th Mar 2008	House prices data
Smooth_stallion [Profile - Diary] Msg no: 877890	prices are gona have to come down. unsustainable and unaffordable. people are earning less basic goods and services are becoming more expensive people need homes but these migrants offering cheap labour have really helped screw the system up coupled with the real economy shakey banks closing reposessions at peak.. something has got to give.

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