Sold House Prices Knowledge Base
How do I understand the house prices in an area if too few houses are sold there recently? It's said that asimple way to find out whether property prices are on the up is to visit websites such as mouseprice.co.uk, or nethomeprices.co.uk, which show the prices of properties that have been sold recently. The problem with the road I'm looking at is few houses have been sold since 2007. The prices prior to 2006 were lower than what I'm being asked to pay now. And I'm not sure if I will overpay or not. Friends of mine who know about this area said it is very good, and the simple reason people don't sell is they enjoy living there. I myself think this road is very beautiful, near the station, local amenities and local schools . But I still want to know about the selling potential of this area, and there are too few statistics. What should I do?
Prices of houses sold,on web sites? Why do some "house sold prices" not come up or come up at about half price? This is on the "free sites". Would more information be shown on the Land Registry site [but this has to be paid for at about £4/house request]. I see that in a new house Development, all occupied, that one house shows at half the price of a next door house and one does not come up at all.
is there going to be a big drop in house prices in northern ireland? i live in fermanagh and there are hundreds of new builds lying empty unable to sell even with the asking prices lowered.the council house we live in was £85,000 3years ago,but we were unable to buy then.last year it had jumped up to £140,000.if the houses are not selling ,they will have to drop in price.the council sells the house at the avarage price of a 3bedroom house in the area.
house prices in 1991? I have reason to believe my council tax band is higher than similar properties on the street. However it is extremely difficult to find a website that gives sold house prices in 1991. May websites give data from 1995 onward any suggestions
Are Nashville house prices steady or falling? Nashville's house prices didn't go way up like lots of other places and people are moving here. I can't tell if prices are falling. Houses are selling in normal times in my neighborhood most of the time and there aren't many on the market. The slow selling houses are on the high traffic streets. So I don't know what to think. Are house prices falling in Nashville?
What would you do: sell the house or try and fix it or wait for prices to go up? Foolishly, about a month ago, I bought a house at full price that turns out to need major renovations. It probably needs to be totally gutted. The previous owners did their best to hide the problems and fooled me. Basically, the house is covered in cat urine. A male cat likes to spray high to mark his territory and he never went outside. As soon as you walk in you smell it. It's on the doors, closet doors, kitchen countertops, carpets, cupboard doors, walls, on the tiles and glass door in the shower. You can only see it with uv light. I am using natures miracle and plan to seal in the smell as best as I can with Kilz Original on the floors, doors and walls. But I am short of money to pay for the renovations. So I am thinking of selling and losing money on it. The prices of houses here have dropped a little so I won't get as much and there are plenty on the market. I could sit it out and wait for house prices to go up over time. But it's not a pleasant place to be right now
What happens to everything in a house once sold? I doubt if my mom will live in her house much more than a year. I doubt if I could afford to keep the house so it will be sold. We have so much stuff in the house that I will not need.I realize a yard sale is one way. If something like a washer and dryer isn't sold can it be sold with the house price? Since I will not keep the house how will I sell or get rid of everything?
Are house prices going to drop in Canada? I've recently bought a house which will be done by October of 2012, and I was planning on selling mine and moving into the new one. But i've heard of rumors that house prices will drop by 20%. Im from Brampton, Ontario to be specific. Im worried that I might not get any profit from selling the house, or even losing some money. Is this true? And if it is, when will it happen?
How accurate are the "Sold" prices listed on MLS for real estate? How accurate are the "Sold" prices listed on MLS for real estate? I called the escrow company for a closed house and the price the escrow agent gave me was higher than that reported to te MLS as the "Sold Price." Does this happen all the time? Is this intentional game playing by the reporting agent? Or is it just a harmless typo? The MLS price was lower than that the price told to me by escrow. Thanks in advance...
I'm considering selling our house and renting instead as I think prices are peaking. Is this a sensible move? We have equity gained from a repayment mortgage, deposit plus the rise in prices since we bought our flat in SW London 3 years ago. We want to move to a bigger property but I'm concerned that we will be buying at the very top of the market, and that interest rates are not too favourable right now. Rents have been pretty stable for the last few years, and it seems a cheaper short-term option to rent until house prices drop. Is this advisable?
house prices in your area? Have house prices actually dropped in your area? I hear all the time the press are saying that there has been a 10% drop in my area, but i see no evidence of it on any sold prices or any houses that are on the market. I have been watching the market in my area for about 2 years now and nothing has changed. How about the area you live in?
how to remove price of house sold from property sites? Bought my house around 3 years ago and just found out from a friend that you can find out the price that someone has bought a house for by searching "Rightmove" eg... on the internet.. I don't remember agreeing that this information can be shown online... How do I go about removing how much I bought my house for as I don't want everyone to know my business Can anyone help??
Several newspapers are reporting the good news that house prices are rising at last? Errr, remind me exactly how did the credit crunch start? Wasn't it a housing bubble created by the overpricing of houses, and credit sold to speculators. The only good news in this is for speculators and people who buy a house as an investment not a home. Should this not be reported as a Bad news story, it is for those who were hoping that they could at last afford a home? Elliott, so where exactly do you live when you 'Take the money'? Elliott, my mortgage is the same as your original one but the time scale is probably longer. I have no Idea how much my house is worth, it has never occured to me to find out. If I wanted I could have moved up the ladder, but I am happy where I am and frankly I had much better things to do with my time. The problem as I see it is that too many people are buying houses as a means to get rich. This is an attitude unique to the UK, throughout Europe people either rent or buy a home for their family. Unless this attitude of having to make money out of a house changes we are only ever heading back to the same postion. I presume you have a car. Why do you have this attitude to property, that it has to go up in price, yet buy a car, and are happy to see it depreciate every day it is sitting outside your house?
Why panic when house prices are low? When house prices go down, why is there a panic? Isn't this a good thing, meaning cheaper homes? Why are people forced to sell there homes when house prices go down? I cannot understand why.
Will the floods affect house prices? Will it remain feasable for those houses in regions susceptible to floods to be insured against flood damage? Or will the insurance premiums go up so much the home owners might find it difficult to find buyers to sell their houses to? Would that eventually affect house prices? Cheers.
Will house prices in Australia drop in the next 12months? There has been a large number of investors who purchased mulitple rental properties. With increasing interest rates and a plateau of capital gains, will we see houses prices drop considerably as investors sell off their rental properties? On the otherside of the coin, with the share market 'wobbly' will investors hold on to their houses as a relatively stable investment - and continue to help keep demand high? Your thoughts and opinions?
Are house prices going to continue to drop this year 2009? I am thinking of selling then renting somewhere whilst prices keep falling. Then in a year or so buying a house that I wouldn't otherwise be able to afford if the prices are still coming down. Does anyone know if prices are still expected to fall this year and by how much?
Will house prices in Australia fall in the next 12months? There has been a large number of investors who purchased mulitple rental properties. With increasing interest rates and a plateau of capital gains, will we see houses prices drop considerably as investors sell off their rental properties? On the otherside of the coin, with the share market 'wobbly' will investors hold on to their houses as a relatively stable investment - and continue to help keep demand high? Your thoughts and opinions?
When will the house prices go down in California? I live in southern California and the house prices are insane. In my city the average home is about $550,000-$650,000 That is for a older home with about 1500 sqaure feet and without a large backyard. I wanted to buy another home, or sell my home and buy another one, but at these prices I will be paying too much for a loan. Will the prices go down or level off? Isn't this how the market works? High prices then low?
When selling a house does everything have to work? My mom may have to sell her house soon and she told me that everything has to be in good working order or it should be replaced. My mothers dishwasher got bad and she said to me that it would have to be replaced if we sold the house. I felt if something is getting bad on the house like windows or a roof that they would take that into consideration from the selling price of the house. Is my mom right that you need to shell out money to fix everything up in a house before selling it or can the new homeowner worry about that?
when are house prices going to come down? We have been shopping for a house for three years now. We are seeing the same houses on the market over and over and over. They are not lowering the prices so they sell. There also are a lot of abandoned houses around that aren't listed yet. Rumor has it the banks don't want to "flood" the market. When are these houses going to be priced more agressively so they will sell? We're tired of renting.
What is included in a house's selling price? I'm a first time home buyer, and looking to pay cash. What is included in the selling price of the house? Who pays for things like the inspection, transaction fees, and what other expenses can I expect? Suppose the selling price is $69,000, how much do I have to come up with out of my pocket to buy the house?
How to negotiate house selling price? We put our house on the market at $144,900 which is very fair for the market considering the number of extras (finished basement, security system, sprinkling system, etc.). We got an offer last night at $125,000. I was sort of insulted, really. Where should we go with this? I think $140,900 is the absolute lowest we'd consider going. How do you proceed?
What is the purpose of raising the selling price of house? What if the house is $50,000Y Say we get the seller to raise the price to $51,000, then we could get the seller to pay the closing price. WHY raise the price?? What does the closing price cover and how exactly does this work? Would I, the buyer, end up paying more or less?? How does this benefit me and the seller?? The lender is the one who suggested raising the price so that the seller will pay the closing cost!!
what do you think of house prices in the UK? are they gonna keep climbing up or are they more likely to fall? we're deciding to sell our house, would like to see what the market picture is like.. thanks for your opinion.
Tax on house sold with no profit no loss? I now have More detail. I was working on my taxes online, and it asked me for the original purchase price, price sold and closing cost. Problem is, I didn't pay any of the closing. Should I just leave it out? I don't itemize.
What was the last selling price of my house? I want to find the latest selling price of a house that I'm buying. I know there is a website, but I can't find it. Anyone know? It's a website that tells you what date and the final selling price of a house.
Do you know of a way to get out of a contract on buying a new house? We signed a contact to build a new house 18 months ago. Now that it's almost ready, the housing market has crashed and we can't sell our current house which has been on the market for months. We need the money from this house to buy our new house. In addition, the housing prices have come down dramatically and it doesn't look like we're going to get the original price we were looking to get from selling house #1 which puts us in more jeopardy in our abiity to afford house #2. The builders do not seem to care about finance rates going up and people no longer being qualified. Any suggestions?
real estate question? (trying to find prices of sold homes)? I'm looking for data on the selling prices of homes. Not what price a house is up for sale but rather the price that the home was ACTUALY SOLD FOR. I saw some websites that offered this but it costs money to join. Where and how can I find a relatively large amount of this data for free? Thanks in advance.
How far do you think house prices will crash? I predict around 50% on average, but for 60% or even more for certain areas of the countries, and upto 70% for new build flats in these areas. that's if they aren't sold off the the council.
Falling house prices - should we sell sell sell?!? We keep hearing warnings of falling house prices, at first it was the odd comment now it seems pretty certain that house prices are finally going to crash in the UK next year, here in Wales they already fell this year. I have a few friends who are selling now before they lose a fortune, going travelling or renting then buying again in a year or two when the prices are lower - is this a good idea??
How much over the selling price of a house can I borrow? I am interested in purchasing a home, possibly to renovate and sell. I don't have a large down payment, but I am attracted to getting into real estate, and taking the excess money and putting it into the house. How much over the selling price can I borrow? Is this a smart move?
A realtor receives a commission of $1O,120 for selling a house. What is the selling price? Real Estate commission. The following is a typical real estate commission on the selling price of a house: 7% for the first $100,000 and 4% for the amount that exceeds $100,000. A realtor receives a commission of $10,120 for selling a house. What was the selling price? I am not just looking for an answer here, I would like an explanation as how to figure out a math word problem like this. I know the answer is $178,000 but I'm not sure of the steps or formula to use to get there. I have struggled to do this problem a few ways, with no success, any help or suggestions?
Will house prices continue going down? Specifically, I'm in the New Jersey area (central to be exact). Will house prices continue falling? We've been selling our house for a few months now.. NO LUCK. We lowered it considerably so far, still no luck. some people have come close, but no one closed the deal. one person said next year "for tax purposes" but thats too late for us. so now we're thinking about renting it out till next summer. so my question is.. if we rent it out till next summer.. will the value go up or down... generally speaking, what is expected to be the trend? i heard the bubble already burst?
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