Are houses selling in Donegal?

Siobhan1 · 08-02-2011 9:09pm #1

In letterkenny to be more specific . . . Ballymacool to be very specific

Senna · 08-02-2011 9:15pm

Any house will sell if its prices correctly. If its not selling, its too expensive.

Siobhan1 · 08-02-2011 9:20pm

Senna wrote: »

Any house will sell if its prices correctly. If its not selling, its too expensive.

So are you saying that houses in Ballymacool are selling? Are there buyers for them?

Senna · 08-02-2011 9:32pm

Siobhan1 wrote: »

So are you saying that houses in Ballymacool are selling? Are there buyers for them?

What i mean is there are always buyers for houses, no mater how bad things are, just a lot less than even a year or two ago.
But just because one house sells in Ballymacool today, doesn't mean there are people looking for houses in Ballymacool. People are looking at the price first and everything else second. No one in the market is saying i want a house in "X" estate. They'll buy if they see value.

Westwood · 09-02-2011 1:09pm

Is the holiday home market the worst off then around the coast?

TICKLE_ME_ELMO · 09-02-2011 11:28pm

Westwood wrote: »

Is the holiday home market the worst off then around the coast?

On the holiday rental sites you see a lot of houses in the coastal areas being added the past 6 months to a year that are clearly peoples homes that they can't sell so they're renting them to get a bit of cash. Even some of the ones that look like new builds look like they were designed for living in rather than to rent out. So I'd again assume that people borrowed, couldn't afford to repay, couldn't sell at the price they wanted, and have to try to rent them out to make money back.

That's all assumption, but it seems logical.

Are houses selling in Donegal?

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