YORK'S housing market is buoyant and is continuing to buck the national trend.
That's according to a North Yorkshire estate agent which has held a meeting of its staff in the city to discuss how to drive home to people that their homes can be sold - if they priced them realistically.
They say ominous warnings of house-price crashes and owners falling into the negative equity trap are unfounded and that the situation in York is not as bad as many people think.
Peter Illingworth, a partner in Illingworth Wood and Beanland Illingworth, said: "The stories which have been appearing in the national media are destroying people's confidence.
"We understand the market in York is challenging, but what is beginning to happen is that people who see stories about house price problems in London think the same thing is happening in York, when we are in a totally different market situation.
"It needs to be looked at context. In York, the housing market is holding up reasonably well. What we're concerned about is the damage which is being done to our customers and we would ask them to think twice about the national messages which are being put out."
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Denise Howard, managing director of York estate agency SmilesAllRound, agrees York is holding its own in the house-price battle - but sellers need to make sure they put their properties up for sale at the right price.
"Compared to the rest of the country, York is doing reasonably well, but many of the stories which have come out nationally mean it becomes a self-fulfilling prophecy. It's a confidence issue," she said.
"People in the York area still want to move and we are finding there are locations in this area which people will want to move to, but properties have to be priced for the market today.
"We are all affected by things which are happening nationally and confidence is one of the key things which is affected.
"The message we are trying to send out is that if you are thinking of buying a house in York, get a decent agent'."
the market is bouyant......houses need to be priced realistically....
The truth is, prices down 6% in the last quarter and i can't wait until you are out of business....you lot just try to talk the prices up to get more of a percentage when they are sold... just get real!
the market is bouyant......houses need to be priced realistically....
The truth is, prices down 6% in the last quarter and i can't wait until you are out of business....you lot just try to talk the prices up to get more of a percentage when they are sold... just get real!
Posted by: wildthing666, york on 7:32pm Fri 9 May 08
the only way I can see most people moving is if they have money and are not reliant on the banks for the money. It is now a buyers market, if you have the money, not the sellers
the only way I can see most people moving is if they have money and are not reliant on the banks for the money. It is now a buyers market, if you have the money, not the sellers
Ah. I see it's the weekly advert for estate agents, who are desperately trying to talk things up in the face of a slump.
Perhaps they could explain why they have the same properties advertised week after week after week?
Ah. I see it's the weekly advert for estate agents, who are desperately trying to talk things up in the face of a slump.
Perhaps they could explain why they have the same properties advertised week after week after week?
This article is nonsense. All the houses for sale on our estate haven't sold for months. Estate Agents are bound to say all sorts of rubbish in the belief that someone on here will believe them.
This article is nonsense. All the houses for sale on our estate haven't sold for months. Estate Agents are bound to say all sorts of rubbish in the belief that someone on here will believe them.
[quote]"We are all affected by things which are happening nationally and confidence is one of the key things which is affected.[/quote]
Things happening nationally... like mortgages becoming more expensive, like lenders actually requiring substantial deposits, like mortgage fraud no loger being accepted practice, like house prices falling [italic]nationally[/italic].
This is more spin, like the last story we had about Yorks/Humber prices "flatlining" when the RICS survey, when read in full, in fact showed prices in the region falling faster than anywhere else in the country.
Pitiful.
"We are all affected by things which are happening nationally and confidence is one of the key things which is affected.
Things happening nationally... like mortgages becoming more expensive, like lenders actually requiring substantial deposits, like mortgage fraud no loger being accepted practice, like house prices falling nationally.
This is more spin, like the last story we had about Yorks/Humber prices "flatlining" when the RICS survey, when read in full, in fact showed prices in the region falling faster than anywhere else in the country.
It took me months to shift my house when the market was much more "buoyant" than it allegedly is now. Lots of people on my estate had trouble selling their houses. Many were overpriced, but I thought mine was priced very reasonably. Even so, I didn't get the asking price and felt extremely lucky to have sold it at all.
It took me months to shift my house when the market was much more "buoyant" than it allegedly is now. Lots of people on my estate had trouble selling their houses. Many were overpriced, but I thought mine was priced very reasonably. Even so, I didn't get the asking price and felt extremely lucky to have sold it at all.
Posted by: my opinion, york on 8:38pm Fri 9 May 08
[quote]"The message we are trying to send out is that if you are thinking of buying a house in York, get a decent agent'."
quote[/quote]
WTF is that supposed to mean avoid rentons,lol
"The message we are trying to send out is that if you are thinking of buying a house in York, get a decent agent'."
[quote][bold]my opinion[/bold] wrote:
[quote]"The message we are trying to send out is that if you are thinking of buying a house in York, get a decent agent'." quote[/quote] WTF is that supposed to mean avoid rentons,lol [/quote] Rentons were the ones who got my house sold after months of lies and rubbish from Otisdale and Hunters. They're OK in my book.
my opinion wrote:
"The message we are trying to send out is that if you are thinking of buying a house in York, get a decent agent'." quote
WTF is that supposed to mean avoid rentons,lol
Rentons were the ones who got my house sold after months of lies and rubbish from Otisdale and Hunters. They're OK in my book.
Agree with the reality of the comments as opposed to the attempt to hype - well they would. Three agents closed in York recently - others scattering to cheaper rents. Tells you something. My partner works p/t in one and they have never had it so slow. Trouble is sellers don't get real till they are desperate to and than have to take a lower offer than they might have had to in the first place.
Agree with the reality of the comments as opposed to the attempt to hype - well they would. Three agents closed in York recently - others scattering to cheaper rents. Tells you something. My partner works p/t in one and they have never had it so slow. Trouble is sellers don't get real till they are desperate to and than have to take a lower offer than they might have had to in the first place.
So, after all these posts, every single one of them suggests that the housing market in York is far from bouyant. I think it is safe to conclude that house prices are falling and it is generally getting more and more difficult to sell property in this area. I hope the YEP editor takes note and listens to local views rather than the biased comments from Estate Agent managers.
So, after all these posts, every single one of them suggests that the housing market in York is far from bouyant. I think it is safe to conclude that house prices are falling and it is generally getting more and more difficult to sell property in this area. I hope the YEP editor takes note and listens to local views rather than the biased comments from Estate Agent managers.
Posted by: Rob Marley, Haxby on 10:50pm Fri 9 May 08
[quote]"The message we are trying to send out is that if you are thinking of buying a house in York, get a decent agent'."[/quote]
Denise Howard after a bit of business then? What better way to do it then present yourself as 'capable' in the Press!
The housing market was overinflated by money that didn't exist. Something (reality) has hit the fan and the worlds banks have cottoned on to the fact that the money doesn't exist. There's nowhere to go for house prices except down - probably to the levels of 10 years ago before all this uber-hyping of house prices started.
We shall see Denise, we shall see!
"The message we are trying to send out is that if you are thinking of buying a house in York, get a decent agent'."
Denise Howard after a bit of business then? What better way to do it then present yourself as 'capable' in the Press!
The housing market was overinflated by money that didn't exist. Something (reality) has hit the fan and the worlds banks have cottoned on to the fact that the money doesn't exist. There's nowhere to go for house prices except down - probably to the levels of 10 years ago before all this uber-hyping of house prices started.
Posted by: the exile, York on 10:54pm Fri 9 May 08
Maybe Denise would like to offer some evidence for her statement like a quick peep at info from the land registry figures! Funny how she now tells people they must be realistic having spent the last few years how saying they can get great prices for their houses (not forgetting she get's her slice of those price increases)..if the markets so good maybe she'd like to back that up with some figures to prove the markets so buoyant such as an indication about turnover etc at her company! Does the press actaully uunderstand she's got a vested interest in this? Maybe they'd like to talk to those others with a vested interest .....like those trying to sell!
Maybe Denise would like to offer some evidence for her statement like a quick peep at info from the land registry figures! Funny how she now tells people they must be realistic having spent the last few years how saying they can get great prices for their houses (not forgetting she get's her slice of those price increases)..if the markets so good maybe she'd like to back that up with some figures to prove the markets so buoyant such as an indication about turnover etc at her company! Does the press actaully uunderstand she's got a vested interest in this? Maybe they'd like to talk to those others with a vested interest .....like those trying to sell!
Posted by: my opinion, york on 10:58pm Fri 9 May 08
[quote][bold]exYorkist[/bold] wrote:
[quote][bold]my opinion[/bold] wrote: [quote]"The message we are trying to send out is that if you are thinking of buying a house in York, get a decent agent'." quote[/quote] WTF is that supposed to mean avoid rentons,lol [/quote] Rentons were the ones who got my house sold after months of lies and rubbish from Otisdale and Hunters. They're OK in my book.[/quote] well u struck lucky then, cos they are the biggest bull sh1ters out there what % did they charge you, u do know all the decent proper agents call em b@stard eves still,
exYorkist wrote:
my opinion wrote:
"The message we are trying to send out is that if you are thinking of buying a house in York, get a decent agent'." quote
WTF is that supposed to mean avoid rentons,lol
Rentons were the ones who got my house sold after months of lies and rubbish from Otisdale and Hunters. They're OK in my book.
well u struck lucky then, cos they are the biggest bull sh1ters out there what % did they charge you, u do know all the decent proper agents call em b@stard eves still,
Posted by: my opinion, york on 10:59pm Fri 9 May 08
[quote][bold]exYorkist[/bold] wrote:
[quote][bold]my opinion[/bold] wrote: [quote]"The message we are trying to send out is that if you are thinking of buying a house in York, get a decent agent'." quote[/quote] WTF is that supposed to mean avoid rentons,lol [/quote] Rentons were the ones who got my house sold after months of lies and rubbish from Otisdale and Hunters. They're OK in my book.[/quote] well u struck lucky then, cos they are the biggest bull sh1ters out there what % did they charge you, u do know all the decent proper agents call em b@stard eves still,
exYorkist wrote:
my opinion wrote:
"The message we are trying to send out is that if you are thinking of buying a house in York, get a decent agent'." quote
WTF is that supposed to mean avoid rentons,lol
Rentons were the ones who got my house sold after months of lies and rubbish from Otisdale and Hunters. They're OK in my book.
well u struck lucky then, cos they are the biggest bull sh1ters out there what % did they charge you, u do know all the decent proper agents call em b@stard eves still,
Posted by: yorkieboy, HongKong on 1:21am Sat 10 May 08
It has taken me over a year to shift mine in Rawcliffe.Down 20000 on the original asking price to get rid of it.
So if York is 'Bucking the trend' it certainly didn't show in my sale.
What can I say about estate agents that has not already been stated..
Good luck to any body buying or selling,it can be quite stressfull at times.
It has taken me over a year to shift mine in Rawcliffe.Down 20000 on the original asking price to get rid of it.
So if York is 'Bucking the trend' it certainly didn't show in my sale.
What can I say about estate agents that has not already been stated..
Good luck to any body buying or selling,it can be quite stressfull at times.
These stories always make me laugh. There are no facts or figures only opinion from the people who would benefit if the market doesn't fall. Get the information to back up the story otherwise it is just a free advert!
These stories always make me laugh. There are no facts or figures only opinion from the people who would benefit if the market doesn't fall. Get the information to back up the story otherwise it is just a free advert!
Posted by: I remember Tommy Forgan, Lancashire on 4:05pm Sat 10 May 08
If the claims in the article are true it will probably drive even more potential first-time buyers suicidal. Why is it always considered to be wonderful news when it's reported that house prices are rising? Oh, yes, I know, it's because estate agents will make even fatter profits than before. Just remind me again, who was this article generated by?
If the claims in the article are true it will probably drive even more potential first-time buyers suicidal. Why is it always considered to be wonderful news when it's reported that house prices are rising? Oh, yes, I know, it's because estate agents will make even fatter profits than before. Just remind me again, who was this article generated by?
[quote][bold]Cruddass is a muppett[/bold] wrote:
The house market is great for Denise, who has her house up at £750000. [/quote] she prob bought it for 90k from some poor unsuspecting little old lady, sold before the sign went up. Huge profit, when will we go to the auction process of buying and selling, without having to have agents checking out all the new property, before adding it to their own portfolio. this time next year houses will be 25% cheaper...
Cruddass is a muppett wrote:
The house market is great for Denise, who has her house up at £750000.
she prob bought it for 90k from some poor unsuspecting little old lady, sold before the sign went up. Huge profit, when will we go to the auction process of buying and selling, without having to have agents checking out all the new property, before adding it to their own portfolio. this time next year houses will be 25% cheaper...
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