Property Market To Bounce Back - House Prices Predicted To Rise For First Time In 2 Years

Property Market To Bounce Back - House Prices Predicted To Rise For First Time In 2 Years

In this video, we explore the exciting news that the property market is set to bounce back, with house prices predicted to rise for the first time in two years! Discover the factors driving this resurgence, what it means for buyers, sellers, and investors, and how you can take advantage of this positive trend. Our expert analysis will provide you with the insights you need to make informed decisions in this evolving market. Don’t forget to like, subscribe, and hit the notification bell to stay updated with the latest property market trends and investment advice!

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[DowntownR]

Often after a rate hiking cycle when interest rates are cut markets go down. I suspect worse is to come especially if loads of pensioners rush to sell, downsize or leave the uk following the inevitable labour tax hikes in September. A few cuts in interest rates is not going to change the fact house prices are over valued.

[youssefjam]

The properties in UK are for temporary or emergency housing or, for those who are stuck, for longer time. The properties in the UK are overvalued. The Home Builders Federation has found that English housing is the worst in Europe for those seeking a home, with the lowest rates of available properties compared to its population of all OECD members, the benchmark for developed nations worldwide.
The existing English homes are also in the worst condition of all European countries, with 15% failing required quality standards – significantly worse than poorer Eastern European nations such as Lithuania, where 11% of homes are substandard, and Poland, where only 6% do not reach the required standard.

[imrang]

Nah People are skint we will see a crash like whats started in USA property is already been marked down by 20-30%in certain states already. People are delusional if they are thinking property prices and they keep on rising.

[TasmanianDevil]

These mortgage rates you speak of a teaser rate to get business. When the base rate drops, it is not given that bank rates drop more than these 4% rates. Some say that it is priced in already.

[John-ourm]

In the areas I'm in (South West) they've definitely risen over the last 2 years and Rightmove confirms it. Maybe London and SE hasn't, but it looks like places like Manchester have increased.

[curvetrcalinga]

If you buy your house in San Jose CA around yr 2000 for 800K and it is now north of $2 million.. is it gonna go below $800K when the housing market collapse??? Not!!!! The only way the house in the Bay Area is going to collapse is if some drops a nuclear bomb. If you live in a city that is not desirable and house prices are really pumped, yes it will collapse when real estate correction comes. But this is not the Bay Area so anything is possible.

[kongmanchen]

Your analysis seems quite basic and lacks depth.Is this the best approach ? It could use a more detailed and thorough examination.

[kckillakrack]

People can't even buy groceries and pay bills this guy talking about houses lol

[queensberryrulez]

Transactions are down 25% in comparison to what? Year on year, not the case. Compared to the boom? not really comparable IMO. I am a RICS Building Surveyor and Valuer btw. The election and euros definitely had an effect, they do every time.

In terms of “down valuations” people need to start taking our advice😂. You can’t on the one hand complain that house prices are out of control but also state that surveyors “down value” what we actually do is provide an evidence based realistic valuation. We follow evidence we have no ability to move the market it does that on its own by providing said evidence in the form of sales data, people don’t listen anyway.

[Kent-gdgm]

A price increase will only be good for people who plan to sell or leverage their asset. What good is a value increase unless you plan on using that increase for leverage to by other assets that will perfom better. Otherwise that increased value only becomes a bragging statement. For all those people who refied when rates where at 3% and used that money to by other assests, a big thumbs up. Example, Michael Saylor borrowed at 1 or 2% and purchased bitcoin that has sinced doubled. A brave and smart move.

[TasmanianDevil]

How dare the RICs' servayers be honest and value your property's properly in these market conditions. You can't have your cake and eat it all of the time.

Without these servayers the rip offs would continue and vulnerable FTB's or financially illiterate people would end up being screwed over. We need some impartiality to the system to keep it in check.

[gerryvan]

Dudes smoking some good shit, he couldn't more wrong 😅

[dimitryriz]

Agreed price 392k for a house in London

Bank valuation came back 402k
🤔

[graemejones]

Fewer houses selling, millions of immigrants piling in. Where is everybody going to live?

[weewurri]

This bloke hasn’t got a clue what he is talking about!