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This is insanity. I expected prices in London to drop a little as WFH became the new norm... but I guess not?
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I'm really confused about what's happening.
Is everyone in total denial that we are entering a massive recession with minimal fiscal or economic firepower to fight it?
Or is it just some kind of suspended animation and the crash will kick in at Christmas?
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I don't want to jinx myself but we got a cash offer of asking (which is what EA valued it at) on our place within a week of going live.
Great because its ultimately what we wanted, but it makes me wonder if it was undervalued.
Here's hoping nothing goes belly up between now and completion!
chrisbmx116
ChasnotRobert
Colm89
@Howard
Agent yesterday let slip that a place on in Ealing for 1050,000 was valued at 950000 in March before lockdown
They've had three offers at asking
Literally every house, if it goes for asking, makes it the most expensive house in the street, but these are way off the best house in the street
I want to die