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House price hike

  • 30-01-2007 12:27am
    #1
    steeo
    Closed Accounts Posts: 42 ✭


    I was looking at a house in Kildare there before Christmas (november) which was for sale, went for 2 viewings and put in a bid but it went over the max i wanted to pay after 2 weeks, AFAIK it sold for 435K now less than 2 months later it is back up for sale with a different auctioneer and a starting of 475K.
    Do these auctioneers/sellers think we are all stupid by hiking the price by 40K ???


Comments

  • #2
    seamus
    Registered Users, Registered Users 2 Posts: 68,317 ✭✭✭✭seamus


    Yes, yes they do. People are copping on though. Instead of panicking, they're holding off now and seeing if the house actually does sell. If it's still there in a month's time, people are coming back and offering less than advertised.


  • #3
    dame
    Closed Accounts Posts: 1,623 ✭✭✭dame


    We viewed a brand new house in Co.Kildare with an asking price of 750k early last summer. It had been on the market for a couple of months at that stage. It was still for sale at Christmas but has been "withdrawn" in last couple of weeks. It was a fine once-off house, built to be sold, and had 8 loose boxes and couple of acres with it, 15 mins from Curragh Racecourse. I'd say it was a bit of a shock to them when that didn't sell! :D Wonder how soon they'll try again....


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