An entertaining and sometimes informative look at the market. The Sunday Times.
Ouch, I would not like to be trying to sell a house in Meath right now, of course if you are you are probably quids in already and just have to get used to the idea that you missed the top.Only a matter of time before EA start copping on and advertise aggressive discounts
Maybe the increase in selling is due to the Autumn selling season. Summer is always quiet.
Daft is the fastest growing website in the country. In my midlands town only one auctioneer was on there last January and now about 10 are on there. Your suggestion that unsold inventory is building up may well be true but it is not backed up by the data you present.
Meath inventory is at 913 now (7 November). Keep up the reports, askaboutmoney chickened out and irishpropertybubble.blogspot isn't sure whether it's worth the trouble of keeping a blog up to date. Those who don't already see what is happening won't be convinced by something they read on the internet.
It just goes to show how IT literate I am. I switched on comment moderation some time ago and didn't know I had to approve comments before they appeared on this blog. I've published all comments btw, in the interests of free speech don't you know (;
looks like the reversal is here, anyone thats not tied into property at the moment are the lucky ones, they'll be the knight in shining amour to the banks in the years to come. How much do you reckon an ex-council house in tallaght is worth at the minute there asking as high as 400k, i'd say it's actual value is more in the region of 200k. Anyone agree?
As a general rule of thumb which can applied globally the value of a house is 200 times its monthy rent!
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