[daveyboy1964]

Anyone know if house prices in Sheffield are on the up, stablising or maybe going down. Would hate to sell and then find myself outpriced.

[Randy Savage]

I suppose it depend where you are buying / selling. I know most places are generally on the up...

[the_rudeboy]

I was told last week that this area is still one of the thriving areas in the country. I hope so anyway as mine is going on the market soon.

[ukdavvy]

Oh dear

Read www.housepricecrash.co.uk

When a nursing sister with 20 years experience can only afford to buy on the Manor you have to wonder if things have got an itsy bit out of control.

Yes I know money is cheap etc etc and all the other arguements but as soon as the herd mentality to "get on the ladder" settles there has to be a sense of the Emporers New clothes.

Doesnt there?

If not then how much does a "starter home" (a term I hate) have to reach before it is completely unaffordable?
Not much I reckon, people I know who are buying them are mortgaging scary multiples, interest only at that, and taking on loans from parents.

And all cos every fat badly dressed woman and her posh well dressed chum on the telly are telling them to.

And if the first rung of the ladder becomes totally unaffordable then everything else falls down around it.

I dont think we are heading for a crash.
Well actually I did 2 years ago but it never happened.

A period of stagnation, as is going on in London for the last 2 years, is probably whats going to happen here.

But of course that doesnt legislate for greedy people selling and the fantastic moral values of the local agents

cheers

d

[Elphi 24]

well i had mine surveyed back i August 2005 when I was going to change my mortgage, things changed and never went through with the change. However last month had it surveyed (definitely changing mortgage this time!) and it had gone up £8k since August! I was talking to the surveyor and he said that house prices in gleadless, and sheffield in general were continuing to rise!