The bubble is back!

Gaz · 16-10-2009 10:27am #1

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.

JoeyJJ · 16-10-2009 10:29am

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

gdael · 16-10-2009 10:35am

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.

Gaz · 16-10-2009 10:38am

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

egan007 · 16-10-2009 10:40am

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

Gaz · 16-10-2009 10:43am

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.

Victor · 16-10-2009 5:34pm

egan007 wrote: »

My apartment is for sale for 500 Million if anyone wants it.

Zimbabwean Dollars? Deal!

The_Conductor · 16-10-2009 7:48pm

Victor wrote: »

Zimbabwean Dollars? Deal!

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

Senna · 16-10-2009 11:51pm

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?

Euroland · 17-10-2009 1:27am

Victor wrote: »

Zimbabwean Dollars? Deal!

Zimbabvean Dollars are the thing from the past now.

johndaman66 · 25-10-2009 7:26pm

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

The bubble is back!

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