UK / Oz Housing Market
Hi All
I was wondering if anyone out there is in a similar position to us ? We have taken the decision to migrate some while ago now and we have a visa. However, a real sense of frustration is creeping in as it seems to be taking forever to sell the house. We have had our place on the market since May now but despite dropping the asking price significantly, there is still no sign of an offer, I know this may be partly seasonal but I think that there is now real nervousness amongst buyers to commit. I know its not the house itself, most of the properties in our area (Essex) have been for sale for months too. We will consider reducing the price to attract buyers but it would be comforting to know that we may be able to recoup some of the losses if we could take advantage of a soft housing market in the Sunshine coast, but from what I can gather there is no sign of a slow down in Oz. I would asume that things in Oz begin to cool down too at some point, but I was wondering if someone out there can give us any insight into the current property climate. Cheers The Woodys |
Re: UK / Oz Housing Market
Originally Posted by the woodys
(Post 5735566)
...but from what I can gather there is no sign of a slow down in Oz.
I would asume that things in Oz begin to cool down too at some point, but I was wondering if someone out there can give us any insight into the current property climate. Bloomberg report: Australian 2008 House Affordability to Worsen on Rising Rates Brisbane Courier Mail: Brisbane house prices jump 20% The Briefing: Property: Prices will rise in 2008 I would say that's a mixed bag :unsure: |
Re: UK / Oz Housing Market
Originally Posted by the woodys
(Post 5735566)
Hi All
I was wondering if anyone out there is in a similar position to us ? We have taken the decision to migrate some while ago now and we have a visa. However, a real sense of frustration is creeping in as it seems to be taking forever to sell the house. We have had our place on the market since May now but despite dropping the asking price significantly, there is still no sign of an offer, I know this may be partly seasonal but I think that there is now real nervousness amongst buyers to commit. I know its not the house itself, most of the properties in our area (Essex) have been for sale for months too. We will consider reducing the price to attract buyers but it would be comforting to know that we may be able to recoup some of the losses if we could take advantage of a soft housing market in the Sunshine coast, but from what I can gather there is no sign of a slow down in Oz. I would asume that things in Oz begin to cool down too at some point, but I was wondering if someone out there can give us any insight into the current property climate. Cheers The Woodys I have attached a couple of web sites http://www.sell-quick.co.uk/?gclid=C...FQYWEAodHxr5Nw http://www.nationalhomebuyers.co.uk/ http://www.a-quick-sale.co.uk/getsta...FRdJEgodXSxCWQ There are lots more, just put "buy my house" in google |
Re: UK / Oz Housing Market
Originally Posted by verystormy
(Post 5738832)
I have attached a couple of web sites
http://www.sell-quick.co.uk/?gclid=C...FQYWEAodHxr5Nw http://www.nationalhomebuyers.co.uk/ http://www.a-quick-sale.co.uk/getsta...FRdJEgodXSxCWQ There are lots more, just put "buy my house" in google Both of those links came from a thread from 2005 on MoneySavingExpert with varying opinions (some good, some bad). It looks like the main gamble is whether it's worth paying the upfront survey fee, since if their offer isn't acceptable you won't get that money back. |
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