Boards Index General discussion Getting serious Would you buy a house now?

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  • #317580

    anabananna69…. I’m not an expert – but a look on the net or in the financial press will show that a lot of houses on sale are having prices reduced and the general belief seems to be that house prices will fall – possibly by quite a large amount.

    What are the two worst-case scenarios?

    1 – You don’t buy now and house prices continue to rise beyond your reach.
    2 – You buy now and house prices go down, meaning you could have got a much cheaper place if you’d waited.

    I think only you can decide after doing some research – what you feel in your bones about where prices are heading. Certainly, if you do want to buy now – make a low first offer, at least 10% below asking price!

    #317581

    Since my original post the property slump has gone mainstream and the only way now looks to be down, down down.

Viewing 2 posts - 11 through 12 (of 12 total)

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