MacronvFrugals wrote: » Excuse the naivety but why would anyone want cash buyers unless to avoid tax?
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?
MacronvFrugals wrote: » Depressing
Deub wrote: » Because there may be some issues and the banks wouldn’t lend you the money to buy it.
wassie wrote: » Ad states 'Cash buyers only'.... ...My spidey-sense is tingling.
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
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
Cyrus wrote: » is that really 'worth' 1.25m? cant say im that familiar with rathfarnham but thats blackrock pricing, at least.
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]
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
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.
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.
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.
wassie wrote: » All buyers want the market to drop, until the day they become homeowners. Funny that.
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.
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.
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.
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.
Browney7 wrote: » The only stats worth looking at are the CSO price index stats and changes which are a few months in arrears and these are showing the property market has been flat for a number of months now.
Cyrus wrote: » since you asked what this shows is that if you strip out the 1m + houses (where prices have been stagnating for more than 2 years now) then you see a 5% delta between asking prices and achieved prices. Of 18 properties 12 sold for unde asking and 6 sold for asking or higher. and all that tells you is very little, as has been pointed out and explained a dozen times now.
Iceman29 wrote: » 101 AUGHAVANAGH RD asking 265 sold 265 11 FRANKFORT PARK asking 1.15 sold 1.1 6 CASTLEGATE COURT asking 295k sold 275K 10 BLACK ST asking 295 sold 260 15 ST ENDAS DR asking 515 sold 496 162 THE OVAL asking 300 sold 310 37 GLASILAWN ROAD asking 360 sold 315 5 AVOCA PARK asking 1.35 sold 1.16 6 LATCHFORD SQ asking 300 sold 310 19 BROOKFORD PARK asking 260 sold 255 57 BRIDGEWATER QUAY asking 395 sold 415 87 BUSHY PARK ROAD asking 1.395 sold 1.050 99 VILLA PARK GARDENS asking 499 sold 435 63 NEWMARKET SQ asking 300 (2016) sold 285 195 TEMPLE COURT asking 250 sold 240 4 CARYSFORT ROAD asking 419 sold 370 17 KILLESTER PARK asking 470 sold 397 18 MARLFIELD GREEN asking 249 sold 245 54 DERRAVARAGH RD asking 475 Sold 485 7 KINVARA AVE asking 495 sold 418 128 CAPTAINS RD asking 285 sold 310 Read into this whatever way you want.......
