Quizzes & Puzzles3 mins ago
property values hardly changed for 5+ beds...why??
Hi, I've been waiting for the last 3 or 4 years for a 'crash' in the market and seemingly it's upon us, however, I live in a 3 bed at the moment but now need a 5 bed and, looking at 1,2 and 3 bed propertys, they all seem to have dropped a lot in price over the last year or so but 5+beds have hardly seemed to change ie: 5 beds that were on at 400,000 2 yrs ago are now up at �380,000 etc........just for example. I've been looking at the market for a couple of years now and the 'crash' doesn't seem to have affected the larger (but that's not to say 'classier' lolol) houses. Why???????? Ok, not as many people want 5+ beds etc so supply and demand is a big factor but even so why is the downturn so little, comparatively? Your thoughts appreciated (nice ones though obviously lol) as i'm about to put an offer in on a 5 bed as I can't wait for the 'crash' any longer and would just like to know that i'm not alone in thinking that the 5+ bed market isn't going to fall much more now......can't say that for the 1,2 + 3 beds though unfortunately, I think. Kind Regards Andrea :0)
Answers
Best Answer
No best answer has yet been selected by andrea1. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.Related Questions
Sorry, we can't find any related questions. Try using the search bar at the top of the page to search for some keywords, or choose a topic and submit your own question.