bubblypop wrote: » I'm looking in various areas around Dublin 7. I saw 2 properties in the list above, in particular 7 kinvara ave, asking 495k. I only remember it asking 450k. Had an asking price offer on the first day..... Must have fallen through.... Maybe covid related.
wassie wrote: » All buyers want the market to drop, until the day they become homeowners. Funny that.
brisan wrote: » I dont see what price your home falls to rises to makes any difference its your home not a disposable asset It only becomes an issue if you are selling.
brisan wrote: » I dont see what price your home falls to rises to makes any difference its your home not a disposable asset It only becomes an issue if you are selling. Then any property you are buying will have risen or fallen basically in line with your home. EG Your house is worth 300k You want to buy a house for 400k 100k loan needed Both drop 10% Your house is now worth 270k New house worth 360k Loan needed 90k if you trade down you will have less cash in your pocket 90k instead of 100k. Granted if you have multiple properties you will be affected. But like the ads on TV say The value of your investment may rise or fall. No one has a right to make a profit( via rent ) on an ever increasing asset Life does not work that way Unless you want to sit in the Pub telling your friends that my house is worth a million ,I honestly don't see what difference it makes. Once you can afford the Mortgage ,and its your home why worry.
Mr Hindley wrote: » Well, I'm someone with a low post count who has posted purely anecdotal evidence stating that where I was looking, most places seemed to be going over asking, and quite quickly - and I do solemnly swear that I'm not an estate agent. I'm just an ordinary joe trying to move back to Ireland from London, and constrained to the south Dublin / north Wicklow area for family reasons. I was having a quite unscientific nosey through the PPR for my preferred areas (Dun Laoghaire and Shankill) earlier in the week and that seemed to bear out my sense that most places are going for over-asking, sometimes by large amounts; but there were a few that went for under. My - again unscientific assessment - was that the good places are going like hotcakes, but the only-OK places are acting more normally. I'm not offering the above as any kind of formal proof of anything; but I do find anecdotal stories from other posters very useful, they just need to be taken as that - anecdotal.
goingagain wrote: » Low post count not an estate agent. Actually i do a lot of business on boards so I switched to my second profile as I didn’t want any clients who might look up my posts to see me talking about a 1.2 million house budget. We’re looking in a very small area, like 6:7 roads in an area. Spent all night tossing and turning trying to decide if we want to bid again on a house or wait until next year. Like I said we are sale agreed so that would mean pulling our sale
shatners bassoon wrote: » Low post count, not an estate agent and would be very happy for prices to drop a bit but everything I'm looking at in D7/8/9 is flying.
boars wrote: » Low post count, not an estate agent. Looking to buy in Navan area. It's really frustrating ringin up estate agents enquiring about a house on daft/ myhome.ie only to find it's sold. All of them have been on the market for the last 9 months
JimmyVik wrote: Age matters here. If you were 35 at the time and sat out the last recession until now, you would be 47 or so. You are looking at a max mortgage term of 18 years at this stage. Sit out this coming recession and you may never be buying a house.
Smouse156 wrote: You are 100% correct in that nearly all the HTB is for the builder but it does help those with no deposit saved since the new rules came in (300k new build requires no deposit now).
wassie wrote: Sure it will impact certain sectors, but I don't see how Brexit will impact heavily on the Irish property market. If anything the commercial sector has gained from this over the last couple of years with firms choosing to relocate to Ireland. We will still trade with UK after Brexit and a trade deal will be done at some point.
Assetbacked wrote: Waiting for Brexit fallout is like waiting for Godot. 4 years later and nothing has happened, now the pandemic provides a good excuse to kick the can down the road further. It's starting to get to the point where another vote on Brexit is not out of the question considering a generation of politics as passed by.
MacronvFrugals wrote: 1150 a month is an awful lot nicer than 2150, that was his rational even with office rumors suggesting layoffs incoming.
Graham wrote: It's a feeling/sentiment thing. When property prices go up, homeowners 'feel' wealthier regardless of the fact the value is locked up.
lomb wrote: » Well realistically yes there is but any kind of reasonably large say 2k sq foot somewhat private house in Dublin with a garden is a minimum of 575k. And that's Clondalkin probably the second worst area in Dublin. My folks paid 60k punts in 1990 for such a house, they watched it climb to 800k and then likely 575-600 today. Even the inheritance tax on it would be more than 3 times the purchase price. House prices are barmy in general. At least the house I bought I know the productive cost is more than what I paid for it (3000sq foot=551 rebuild +100site cost+time/hassle 50k=700k),so how much could it depreciate by at 460, probably not a lot. I doubt I would part with 600k for my parents house and I couldn't even afford to if I wanted.
goingagain wrote: » We’re in the south Dublin market, max budget 1.2. Houses are going mad money with lots of bidders. One was up for 850 closed well over a million and needed total renovation. We’re eager to move on with our lives, but we just can’t find anything. I thought with our budget we’d have our pick. Not the case. Currently mortgage free in a 4 bed semi next to our desired area, so I think we might stay out for a while longer. We’re sale agreed on our house, but we think we’ll have to pull out.
GreeBo wrote: » What are you expecting for your 1.2 and in what sort of locations? You can get a 5-bed semi-d with a large south facing garden in rathfarnham for 50K more.https://www.myhome.ie/residential/brochure/10-crannagh-road-rathfarnham-dublin-14/4429783 Now it obv needs refurb, hence asking what you are expecting to find for that money? For 995K you can get a larger 4bed just down the road, again large south facing garden and walk in condition.https://www.myhome.ie/residential/brochure/4-rathfarnham-park-rathfarnham-dublin-14/4422745
TheSheriff wrote: » Popped into my notification as listed as a "Detached house"........https://www.myhome.ie/residential/brochure/tir-na-nog-egans-field-donabate-dublin/4441772
GreeBo wrote: » What are you expecting for your 1.2 and in what sort of locations? You can get a 5-bed semi-d with a large south facing garden in rathfarnham for 50K more.https://www.myhome.ie/residential/brochure/10-crannagh-road-rathfarnham-dublin-14/4429783 Now it obv needs refurb, hence asking what you are expecting to find for that money? [/url]
Cyrus wrote: » is that really 'worth' 1.25m? cant say im that familiar with rathfarnham but thats blackrock pricing, at least.
fliball123 wrote: » This is where the market is broken up into different areas. Location being one, you take that house and slap it in Foxrock or on the cliff in Howth and its easily worth this. Slap in Leitrim and take a zero of the 1.25m. I think this is way over priced and I cannot see it selling
wassie wrote: » Ad states 'Cash buyers only'.... ...My spidey-sense is tingling.
MacronvFrugals wrote: » Excuse the naivety but why would anyone want cash buyers unless to avoid tax?
Deub wrote: » Because there may be some issues and the banks wouldn’t lend you the money to buy it.
MacronvFrugals wrote: » Depressing
Iceman29 wrote: » I find it strange that so many of the people with stories of how busy and competitive things are have such low "post" counts. noticed this the other day...... they wouldn't be EA's or sellers by any chance?
awec wrote: » Cause it’s basically a caravan and banks don’t give mortgages on those
Cyrus wrote: » Yeah I get that , but I didn’t think a tired semi d in rathfarnham would make that , even in Blackrock for example that looks overpriced and I’d assume Blackrock is more desirable . Maybe I’m wrong on that front .
