Now that Houses are selling ...
10 March 2009, 08:27 PM
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Now that Houses are selling ...
When will the new cars start selling again .... or, has it picked up allready?
Those (including myself) who waited too long for the housing market to fall further, are now seeing houses selling and more than one buyer bidding - and have been too slow for the real bargains (which were last November, as it turns out).
Of course, the market may receive another knock ..... we shall see.
Anyway, there have been amazing deals on new cars and lots of pre-registered cars sitting around for months and months. These cars seem to be selling now - to the point where Dealers are short of stock and the new deal bargains seem to be disappearing!!
Is it also too late for car bargains?
I think the market in both Houses and Cars is picking up hugely, due to some very low prices ................. but I think the bargains have gone!
What do you reckon?
Those (including myself) who waited too long for the housing market to fall further, are now seeing houses selling and more than one buyer bidding - and have been too slow for the real bargains (which were last November, as it turns out).
Of course, the market may receive another knock ..... we shall see.
Anyway, there have been amazing deals on new cars and lots of pre-registered cars sitting around for months and months. These cars seem to be selling now - to the point where Dealers are short of stock and the new deal bargains seem to be disappearing!!
Is it also too late for car bargains?
I think the market in both Houses and Cars is picking up hugely, due to some very low prices ................. but I think the bargains have gone!
What do you reckon?
10 March 2009, 08:40 PM
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Well i work for a big ford main dealer were pushing on average 130 cars a week thru our pdi centre so far to date we have registered about 400 new cars the majority being the new fiesta so yes sales have picked not sure about other manufactures by the way weve got 8 focus rs ,s on order comming in soon so someone has got money to play with
Last edited by scooby jay; 10 March 2009 at 08:42 PM.
10 March 2009, 08:42 PM
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New cars are still selling but way down on last years figures, used car prices seem to be firming up.
House prices however are still falling, not quite sure why you think they've bottomed out?
House prices however are still falling, not quite sure why you think they've bottomed out?
10 March 2009, 08:47 PM
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Being in the market for 9 months I have seen what has been happening - nothing, and I mean nothing, was selling in October to December 2008 ..... now, every single house I was tracking has been sold!! (yes, they were the best ... clearly, or I wouldn't have been watching them) but, they have all sold within the last 2 weeks! (while I waited for the prices to fall further).
The next logically stop for money, after houses, is a car ..... I was wondering if that market is picking up in the same way as house sales are?
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10 March 2009, 08:55 PM
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By this time next year we may all be wondering what all the fuss was about!
10 March 2009, 08:57 PM
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Better offers at the mo though, along with good finance deals (if you can get the finance)
10 March 2009, 09:11 PM
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When will the new cars start selling again .... or, has it picked up allready?
Those (including myself) who waited too long for the housing market to fall further, are now seeing houses selling and more than one buyer bidding - and have been too slow for the real bargains (which were last November, as it turns out).
Of course, the market may receive another knock ..... we shall see.
Anyway, there have been amazing deals on new cars and lots of pre-registered cars sitting around for months and months. These cars seem to be selling now - to the point where Dealers are short of stock and the new deal bargains seem to be disappearing!!
Is it also too late for car bargains?
I think the market in both Houses and Cars is picking up hugely, due to some very low prices ................. but I think the bargains have gone!
What do you reckon?
Those (including myself) who waited too long for the housing market to fall further, are now seeing houses selling and more than one buyer bidding - and have been too slow for the real bargains (which were last November, as it turns out).
Of course, the market may receive another knock ..... we shall see.
Anyway, there have been amazing deals on new cars and lots of pre-registered cars sitting around for months and months. These cars seem to be selling now - to the point where Dealers are short of stock and the new deal bargains seem to be disappearing!!
Is it also too late for car bargains?
I think the market in both Houses and Cars is picking up hugely, due to some very low prices ................. but I think the bargains have gone!
What do you reckon?
10 March 2009, 09:14 PM
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LOL! 
Yeah demand must be well up now, as rapidly rising unemployment, a further deteriorating economic outlook, and very strict lending is always a firm basis for making people feel comfortable about major purchases!... 
House prices down 20% during 2009 and a further 15-20% in 2010 followed by smaller falls/stagnation.
Yeah demand must be well up now, as rapidly rising unemployment, a further deteriorating economic outlook, and very strict lending is always a firm basis for making people feel comfortable about major purchases!... House prices down 20% during 2009 and a further 15-20% in 2010 followed by smaller falls/stagnation.
10 March 2009, 09:22 PM
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BTW i'm renting and also waiting for the mega deals on houses/mortgages to appear
10 March 2009, 09:49 PM
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Taken a break from watching Liverpool kicking @rse.
With economic data showing we're in a financial storm of biblical proportions, Bernanke saying this is the worse........
Ah stuff that, it's 3 nil now! Wahoo!!!!!!!!!!!!
With economic data showing we're in a financial storm of biblical proportions, Bernanke saying this is the worse........
Ah stuff that, it's 3 nil now! Wahoo!!!!!!!!!!!!
11 March 2009, 08:41 AM
#21
most people havent lost there jobs, so this "crisis" has dropped alot of peoples tracker morgages, meaning they have more money to pay with every month.
I did tell people on here about the book rising on used cars, and you can see it out there, some cars have atually increased in price, theres a massive lack of used cars everywhere!, and the deals on new ones are staggering!,
I did tell people on here about the book rising on used cars, and you can see it out there, some cars have atually increased in price, theres a massive lack of used cars everywhere!, and the deals on new ones are staggering!,
11 March 2009, 10:20 AM
#22
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a lovely "grand designs" style bungalow sold in the village yesterday, was up at 399k last summer, which it would have reached easily a few years ago, I think (desperate sellers too) it has gone for about 345k, which is an absolute bargain
this is another "do the bears **** in the woods" thread, bottom feeders are out and buying and indeed "dipping bread", as they will make a killing medium term
we are talking two different markets here -- "the turds", that get an artificial polishing by cheap money and a booming econmomy
and real value properties with a long transactional history in good locations etc -- these as SSUP as found out will stabilise and sell – because even with 5% unemployment lots of people have jobs and few people want to live long term in turds
i will say it again for the hard of hearing and deluded who think we are going to see, "turds" excepted maybe, property crash to 1972 levels -- IT WONT HAPPEN
this is another "do the bears **** in the woods" thread, bottom feeders are out and buying and indeed "dipping bread", as they will make a killing medium term
we are talking two different markets here -- "the turds", that get an artificial polishing by cheap money and a booming econmomy
and real value properties with a long transactional history in good locations etc -- these as SSUP as found out will stabilise and sell – because even with 5% unemployment lots of people have jobs and few people want to live long term in turds
i will say it again for the hard of hearing and deluded who think we are going to see, "turds" excepted maybe, property crash to 1972 levels -- IT WONT HAPPEN
Last edited by hodgy0_2; 11 March 2009 at 10:22 AM.
11 March 2009, 10:38 AM
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LOL! Yeah demand must be well up now, as rapidly rising unemployment, a further deteriorating economic outlook, and very strict lending is always a firm basis for making people feel comfortable about major purchases!...
House prices down 20% during 2009 and a further 15-20% in 2010 followed by smaller falls/stagnation.
Yeah demand must be well up now, as rapidly rising unemployment, a further deteriorating economic outlook, and very strict lending is always a firm basis for making people feel comfortable about major purchases!... House prices down 20% during 2009 and a further 15-20% in 2010 followed by smaller falls/stagnation.
They are higher priced now than what they were in December. Your guess of 20% down by the end of the year only has 10 months left to manifest itself
Considering it has taken 18mths for the current 19.5% fall in house prices, you reckon another 20% in around half that time
QE has just been announced, £75bn going into the banks as we speak followed by another £75bn in a few months time.
I do not think they will fall anywhere near 20% this year, i suspect more like 10 as we will have a few months of ups and downs wiping each other out, i.e like Januarys gains, Februarys drops.
Wishful and very hopeful thinking, but Pete does have a point, buying has definitely picked up.
11 March 2009, 10:53 AM
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Pete , its a excuse many here (Mainly mods) use . All you do is start a debate., if people want to join in then fine. The rest should stick to posts about cats and women's problems etc. "Trolling" is used by people who call others they do not know "Fella", they think its cool !. People need to take a long good look in the mirror if they cannot handle a PSL thread!
11 March 2009, 11:34 AM
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The people who keep insisting that house prices are going to lose another 40%, are the ones who have most to gain for saying such things. They don't want you or I to start buying again until house prices drop to a level that 'they' can afford. 
What they fail to realise is that if everyone keeps the 'b&llsh&t' up, there really will be a **** storm.
What they fail to realise is that if everyone keeps the 'b&llsh&t' up, there really will be a **** storm.
11 March 2009, 11:36 AM
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Pete , its a excuse many here (Mainly mods) use . All you do is start a debate., if people want to join in then fine. The rest should stick to posts about cats and women's problems etc. "Trolling" is used by people who call others they do not know "Fella", they think its cool !. People need to take a long good look in the mirror if they cannot handle a PSL thread!
11 March 2009, 11:47 AM
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11 March 2009, 11:52 AM
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I somehow think that there is a very long way to go before we can really see a recovery from the parlous state this bunch of plonkers have dropped us into.
The amount of debt this country has now is mindboggling including all the PFI debts and I cannot see a way out of it yet. The apparent boom years were fuelled by overborrowing with nothing to back it up, an look at the state we are in now! We have even lost over half our gold reserves, at the lowest possible price!
Les
The amount of debt this country has now is mindboggling including all the PFI debts and I cannot see a way out of it yet. The apparent boom years were fuelled by overborrowing with nothing to back it up, an look at the state we are in now! We have even lost over half our gold reserves, at the lowest possible price!
Les