Some honesty re: house prices please
#1
Some honesty re: house prices please
I just can't fathom it. I have been reading expat forums, spanish newspapers and even a spanish tv channel and the impression I get is that house prices are definitely falling to the same or similar degree as here in the UK (where our asking price has now dropped by almost £20 000). The problem is that any house price falls don't seem to be reflected on spanish estate agents internet sites ... most are still on at the same price as 2 or more years ago ... all very confusing To that end I've contacted 3 different estate agents in Competa and they all tell me that house prices aren't falling. I would really appreciate some honest appraisions of the market as it will seriously affect the price we could accept for ours here in the UK. Thanks.
#2
Re: Some honesty re: house prices please
I just can't fathom it. I have been reading expat forums, spanish newspapers and even a spanish tv channel and the impression I get is that house prices are definitely falling to the same or similar degree as here in the UK (where our asking price has now dropped by almost £20 000). The problem is that any house price falls don't seem to be reflected on spanish estate agents internet sites ... most are still on at the same price as 2 or more years ago ... all very confusing To that end I've contacted 3 different estate agents in Competa and they all tell me that house prices aren't falling. I would really appreciate some honest appraisions of the market as it will seriously affect the price we could accept for ours here in the UK. Thanks.
If people can afford not to reduce the price of their house thats probably why they are the same price as 2 years ago or it could be that as estate agents dont follow up clients who are selling, properties just sit on their websites for month and months and months......even after being sold by another agent.
The agents only contact you when /if they have a viewing)
Its ddefinitelya buyers market, so when you do come to buy, my advice would be to go in with a cheeky offer, you never know !!!
#3
Banned
Joined: Apr 2008
Posts: 3,081
Re: Some honesty re: house prices please
I just can't fathom it. I have been reading expat forums, spanish newspapers and even a spanish tv channel and the impression I get is that house prices are definitely falling to the same or similar degree as here in the UK (where our asking price has now dropped by almost £20 000). The problem is that any house price falls don't seem to be reflected on spanish estate agents internet sites ... most are still on at the same price as 2 or more years ago ... all very confusing To that end I've contacted 3 different estate agents in Competa and they all tell me that house prices aren't falling. I would really appreciate some honest appraisions of the market as it will seriously affect the price we could accept for ours here in the UK. Thanks.
#4
Re: Some honesty re: house prices please
what makes me laugh with these agents, they often suggest reducing the price but they wont consider reducing their 5% commission !!!
#5
Re: Some honesty re: house prices please
Thanks for the replies, much appreciated. I don't know what it is about estate agents and the parallel universe they seem to live in
#6
Banned
Joined: Mar 2008
Posts: 1,030
Re: Some honesty re: house prices please
price are down in spain but due some estate agents ( not all ) thay wont bing price down .... think off making a fast one behind you back
try some off the Spanish estate agents and you see the real prices
try some off the Spanish estate agents and you see the real prices
#12
Re: Some honesty re: house prices please
Some houses near us have been for sale for over 6 years and the prices have been going up and up, but never down.
I think you can guess why they haven`t sold ?
I think you can guess why they haven`t sold ?