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This has just caught my attention

Comments

  • #2
    girl24
    Closed Accounts Posts: 118 ✭✭girl24


    matt-dublin wrote: »
    Strong sale for an apartment, very interesting to see the price up so high....

    https://www.propertypriceregister.ie/website/npsra/PPR/npsra-ppr.nsf/eStampUNID/UNID-B26726EFBF4E7CFD80257C99004CFB63?OpenDocument

    Also know of a duplex gone sale agreed for 240k, last year highest offer was around 170k for same unit so big increase.


  • #3
    Robertr
    Registered Users, Registered Users 2 Posts: 747 ✭✭✭Robertr


    Yeah, I know people will argue this point with me but I always maintained that the prices we were seeing over the last few years did not really reflect the actual value of the properties. You could have advertised something at 130 and still not sold it. Everyone was just waiting for the bottom regardless of the asking prices. Now that they buyers are back we are seeing what the real value is.

    I wouldn't necessarily call it an increase, just a true reflection of the value. Prices will continue to go up but only slightly.

    Have been talking to some real estate agents about selling my own place and they are suggesting your only looking at 6-8 weeks to make a sale in current market and there are queues of people looking to buy, trying to get in at the bottom but the flip side if that now the market has turned people are reluctant to sell as they want to hold out for more!!! The 'greed' is back!


  • #4
    Shazerina
    Registered Users, Registered Users 2 Posts: 245 ✭✭Shazerina


    Robertr wrote: »
    Yeah, I know people will argue this point with me but I always maintained that the prices we were seeing over the last few years did not really reflect the actual value of the properties. You could have advertised something at 130 and still not sold it. Everyone was just waiting for the bottom regardless of the asking prices. Now that they buyers are back we are seeing what the real value is.

    I wouldn't necessarily call it an increase, just a true reflection of the value. Prices will continue to go up but only slightly.

    Have been talking to some real estate agents about selling my own place and they are suggesting your only looking at 6-8 weeks to make a sale in current market and there are queues of people looking to buy, trying to get in at the bottom but the flip side if that now the market has turned people are reluctant to sell as they want to hold out for more!!! The 'greed' is back!

    Our 3bed mid terrace went online on a Monday, 7 viewers booked in for the Tuesday evening, offer made over asking price at viewing, bettered on Wednesday morning. Sale agreed Wednesday lunchtime, deposit paid Thursday morning. This was last July in dublin 12. Priced our house realistically. Decided on a figure we wanted and got more in the end. Enabled us to go sale agreed on our new house in Greystones.


  • #5
    cuddlycavies
    Registered Users, Registered Users 2 Posts: 970 ✭✭✭cuddlycavies


    Robertr wrote: »
    Yeah, I know people will argue this point with me but I always maintained that the prices we were seeing over the last few years did not really reflect the actual value of the properties. You could have advertised something at 130 and still not sold it. Everyone was just waiting for the bottom regardless of the asking prices. Now that they buyers are back we are seeing what the real value is.

    I wouldn't necessarily call it an increase, just a true reflection of the value. Prices will continue to go up but only slightly.

    Have been talking to some real estate agents about selling my own place and they are suggesting your only looking at 6-8 weeks to make a sale in current market and there are queues of people looking to buy, trying to get in at the bottom but the flip side if that now the market has turned people are reluctant to sell as they want to hold out for more!!! The 'greed' is back!
    Bang on really! When properties reach near or below their build cost! Then it's bottomed!


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