brisan wrote: » Dublin 1 has seen 9 price changes over the last 3 months 2 increases 7 decreases Overall decrease of -4% Dublin 2 has seen 14 price changes over the last 3 months 3 increases 11 decreases Overall decrease of -2% Dublin 3 has seen 37 price changes over the last 3 months 12 increases 25 decreases Overall decrease of -1% Dublin 4 has seen 36 price changes over the last 3 months 16 increases 20 decreases Overall increase of 1% Dublin 5 has seen 19 price changes over the last 3 months 3 increases 16 decreases Overall decrease of -3% Dublin 6 has seen 46 price changes over the last 3 months 13 increases 33 decreases Overall decrease of -5% Dublin 6W has seen 31 price changes over the last 3 months 13 increases 18 decreases Overall decrease of -1% Dublin 7 has seen 25 price changes over the last 3 months 3 increases 22 decreases Overall decrease of -5% Dublin 8 has seen 2 price changes over the last 3 months 0 increases 2 decreases Overall decrease of -4% Dublin has seen 662 price changes over the last 3 months 209 increases 453 decreases Overall decrease of -2%
Iceman29 wrote: » No, i'm not involved but several of my friends have managed to negotiate a cheaper price than the one that's been advertised. Maybe your friend was bidding against themselves through a sneaky EA who managed to drip a few more quid out of them? who knows
GreeBo wrote: » "huge mortgage rates"? What are you paying and on what scale or in what context is it considered huge?
Canyon86 wrote: » I applied for a LTI exemption earlier in the week, Luckily my job is secure and i have been working through Covid, I am a first time buyer Has anybody experiences with getting an exemption lately? I was looking at this link https://www.irishtimes.com/life-and-style/homes-and-property/mortgage-exemptions-could-dry-up-as-soon-as-april-1.3432517
fliball123 wrote: » Asking prices seem to be going down on myhome but have you actually been involved in trying to buy I know of 3 people who are currently looking and all 3 have been outbid I know its a small sample set but it cant be a coincidence
Mr Hindley wrote: » That's my own experience - a number of places I've expressed an interest in, to be told that bids have already gone significantly over asking.
Iceman29 wrote: » nonsense....do you have proof of this? because someone in here just showed proof of the decline in prices in here just yesterday/or day before i believe....
MrMusician18 wrote: » 6 months.
Iceman29 wrote: » I cant believe what I'm reading here to be honest. Firstly people in here are effectively condoning people who buy houses/ mortgages knowing full well that their jobs are on the line. How irresponsible is that????
The_Brood wrote: » Prices rising, here in Dublin at least legions outbidding each other for every livable house. No hope for anyone not very rich to buy property. Things getting worse, not better.
JimmyVik wrote: » I didnt buy even when I could have afforded to in 2007. I still havent bought since. I am 40 now and will not get more than a 25 year mortgage even today. If a recession comes and keeps me out of the market for another 10 years, i'll only ever be buying for cash because I wont get a mortgage at 50 years of age. I think I sat of the fence for far too long. Im a career fence sitter at this stage
Iceman29 wrote: » I cant believe what I'm reading here to be honest. Firstly people in here are effectively condoning people who buy houses/ mortgages knowing full well that their jobs are on the line. How irresponsible is that???? Secondly people complaining that the banks wont loan to certain people.... This is just ridiculous in my opinion. At first i thought these rules brought in by the bank were to prevent another bail out but the more i read in here i can see that its also to protect stupid people from themselves. There's going to be a whopper recession for some time to come and it's going to affect the whole world. if you think that everything's going to be rosy well i don't know what to say to you other than good luck
Springy Turf wrote: » Out of interest - why didn't you buy during 2010-2015? Coming from a new fence sitter who doesn't want to overstay on the fence.
JimmyVik wrote: » Because I still thought property prices were going to fall again
awec wrote: » It is pretty important to point out that the people who bought around ~2012, and therefore bought at the bottom, had no idea that they were buying at the bottom, it was coincidental and only became clear in retrospect. You can be sure there were people saying that prices were still crazy, buying a house was nuts, just wait a few more years for all the repossessions to really floor the market etc etc.
MrMusician18 wrote: » In 2013 the country had started to turn the corner and by 2014 the arrow was pointing very much upwards. You may have missed max value but there was good value to be had in those years.
Marius34 wrote: » Someone looking to buy property in Dublin in 2014 Spring/Summer and completing sale 2-3 months later would have paid around 40% more then the ones in 2012, meaning missing bottom by large margin.
MrMusician18 wrote: » Indeed they would have but they're was no indication at that point that price growth would stall. 40% above bottom isn't the cheapest it could be but it is cheaper than every point after that year. Holding out in 2014 for the hope of a better price was a poor decision. Holding out on 2019 for a market correction in 2020 was not - all the signs were pointing to the market stalling before Covid was ever a headline.
