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The bubble is back!

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  • 16-10-2009 11:27am
    #1
    Registered Users Posts: 1,586 ✭✭✭


    Why would the seller or EA of a house that has been on the market for 18 months decide to raise the price by 70grand ??

    http://www.daft.ie/searchsale.daft?id=238294

    Price history from irishpropertywatch >>

    27th April 2008 - 520000
    13th July 2008 - 500000
    21st Dec 2008 - 420000
    9th Aug 2009 - 350000
    26th Sept 2009 - 420000

    Some very deluded people out there.


Comments

  • Registered Users Posts: 3,663 ✭✭✭JoeyJJ


    26th Dec 2009 hasn't happened yet, plus the link has been removed from Daft.


  • Closed Accounts Posts: 179 ✭✭gdael


    Gaz wrote: »
    Why would the seller or EA of a house that has been on the market for 18 months decide to raise the price by 70grand ??

    http://www.daft.ie/searchsale.daft?id=238294

    Price history from irishpropertywatch >>

    27th April 2008 - 520000
    13th July 2008 - 500000
    21st Dec 2008 - 420000
    9th Aug 2009 - 350000
    26th Dec 2009 - 420000

    Some very deluded people out there.


    You cant trust irishproperty watch for accurate info. I stopped using it when i found some doozies on it too.


  • Registered Users Posts: 1,586 ✭✭✭Gaz


    Here is the house on myhome.ie http://www.myhome.ie/residential/search/brochure/13-killester-park-killester-dublin-co&-city/NXLML351945

    I remember seeing this when it was at 350, crazy that its now at 420


  • Registered Users Posts: 2,934 ✭✭✭egan007


    1 house is not very good research.
    My apartment is for sale for 500 Million if anyone wants it.


  • Registered Users Posts: 1,586 ✭✭✭Gaz


    The title was light hearted, I dont actually believe we have another property bubble on our hands :rolleyes:

    I was just showing that some people, really, really dont want to admit the property has gone down in value.


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  • Registered Users Posts: 78,387 ✭✭✭✭Victor


    egan007 wrote: »
    My apartment is for sale for 500 Million if anyone wants it.
    Zimbabwean Dollars? Deal!


  • Moderators, Society & Culture Moderators Posts: 32,285 Mod ✭✭✭✭The_Conductor


    Victor wrote: »
    Zimbabwean Dollars? Deal!

    Old Reichsmarks would be handier- you'd need a wheelbarrow for the Zimbabwean dollars...... :)


  • Registered Users Posts: 8,800 ✭✭✭Senna


    Just seen this today.
    Same EA puts two new adverts up on daft.
    Different houses, but beside each other, build identical, build by the same builder.

    1. House is fully finished, and looks quite nice. €265k. House was sold and now being sold by new owners.
    www.daft.ie/1449065

    2. House unfinished, Small PC sum. €315k
    www.daft.ie/1384495
    The Builder has it for sale with another EA for €290k for months.

    What is the EA thinking? he even uses the same outside pic for both houses (pic is of house 1), I doubt the EA has even been in contact with the builder for months. Is he incompetent or just lazy?


  • Closed Accounts Posts: 634 ✭✭✭Euroland


    Victor wrote: »
    Zimbabwean Dollars? Deal!

    Zimbabvean Dollars are the thing from the past now.


  • Registered Users Posts: 4,097 ✭✭✭johndaman66


    Gaz wrote: »
    Here is the house on myhome.ie http://www.myhome.ie/residential/search/brochure/13-killester-park-killester-dublin-co&-city/NXLML351945

    I remember seeing this when it was at 350, crazy that its now at 420

    Its on at 315k now Gaz with "REDUCED FOR A QUICK SALE" mentioned in the ad so be quick before its gone:D


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