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Archive for October, 2008

Friday Fun!

Gordon Brown, Alistair Darling and Peter Mandelson are flying to a world economic summit. Peter looks at Alistair and chuckles: ‘You know, I could throw a £50 note out of the window right now and make one person very happy.’ Alistair shrugs his shoulders and says: ‘Well, I could throw five £10 notes out of [...]

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Global Edge   have just broken the story below, if confirmed this could see the end to them as we know!!  They did consider this for the whole market some time ago, if that’s the case now and overseas is just the start then they will play into the hands of the better priced portals, [...]

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House price falls almost doubled year-on-year to 8% as the average property lost £5,700 in September, according to the Land Registry. The average home fell by 2.2% in September, which led to the annual rate of decline accelerating rapidly from 4.6% in August. An average property now costs £168,814, according to the Land Registry, with [...]

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Rightmove petition

Just found this online http://www.petitionspot.com/petitions/rightmoveboycott Well worth a look and comment!

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The housing market slump could be over as soon as next year if the cost of home loans falls by a further half-point, a leading housing market expert told MPs yesterday. David Miles, chief UK economist at Morgan Stanley, said that if mortgage rates stayed at present levels, house prices would fall by another 5 [...]

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Following a meeting recently with Gill Markham of the Digital property Group. She states that the combined portals of primelocation.com and findaproperty.com have considerably closed the gap on rightmove. Rightmove figures now sit at 40% of the market compared with 63% this time last year. DPG now have 27% and this figure is growing month [...]

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Just been treading about the below, that’s all our agents need is the BBC turning the knife as well! A new BBC show is to be screened early next year called ‘Axe the Agent?’ The programme looks at how consumers can sell their homes without the help of an estate agent. The presenter will be [...]

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Friday’s joke.

I had a cheque returned earlier. “Insufficient Funds” Mine or the banks?

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Just read this on the EAT, seems that the rigtmove boat is a rocking…. here’s hoping! Rightmove is to make enormous changes across its business in an effort to slash costs and has launched a consultation which could lead to 20% of its 300-plus staff being made redundant. The redundancies would be across the business [...]

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The average property price is now £172,108, down from about £200,000 in September last year. This 13.4 per cent annual fall is the largest decline since Halifax’s series began in 1983. Prices in the three months to September were 12.4 per cent lower than in the same period last year, which is another record low. [...]

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