Carla'

[A_Random_Walk]

[Carlow Nationa(Carlow Nationalist — Storytelling competition encourages kids to get creative | Carlow Nationalist)

HOUSE prices in one of Carlow’s most sought-after estates have been dramatically slashed by almost €70,000.

Local first-time buyers who are trying to get their foot on the property ladder will be watering at the mouth with this week’s revelation that the cost of a four-bed semi in The Paddocks on the Browneshill Road has dropped by up to 20%, going from €325,000 to €260,000.

This staggering fall in price is set to have house hunters racing to secure one of the remaining 14 units that are up for grabs in the estate.

James McDermott of selling agents Sherry Fitz erald McDermott on Barrack Street told The Nationalist that this is a “fantastic opportunity” for those either attempting to enter the market, or for seasoned investors.

Always look on the bright side lads eh?

The rest of the article is too funny.

Acting on behalf of developer Seán McLoughlin, Mr McDermott added that he does not believe this price cut indicates a downward spiral in the housing sector.

“It is true that prices are softer but I see it more as the market balancing itself out than anything else.

And obviously the prices are at the discretion of the individual developer,” he said.

Yes, the market in general had no impact on this, the price was cut out of the goodness of his heart.

According to Marcus McCormack of DNG McCormack Properties on Tullow Street, the market is poised to make a recovery again.

“I am very surprised to hear of such a high level of a drop in the asking price,” Mr McCormack said. “In our opinion the market is on track to recover from any recent falls. But it will certainly be very interesting to see how it goes. Anyone with an interest in the property game will be watching with interest.”

[jost]

Have these houses been on sale since 2003? It makes the title of this article rather unfortunate…

House prices still on the rise despite the gloomy forecasts
…
The final phase of The Paddocks, Browneshill Road, were launched recently, featuring 36 houses in an exclusive development, where prospective purchasers will have a choice of two and three bedroom semi-detached and detached houses.

Carlow Nationalist 2003/06/11

[provost]

Good few price drops in carlow too:
google.ie/search?q=%2Bcarlow … m&filter=0

[The_Unwelcome_Guest]

I was hoping this would be a thread about Carla Bruni…

[A_Random_Walk]

Carla loves the new Pin logo

[The_Unwelcome_Guest]

@A Random Walk

Carla loves the new Pin logo

https://img.dailymail.co.uk/i/pix/2008/01_01/sarkozyAP3112_468x786.jpg

Is that a pyramid in Sarko’s pocket or is he just pleased to see Carla… There’s something very odd about that relationship, fair enough he is the President but methinks he did a deal with the devil or somewhat…

[2Pack]

So the final phase of 36 houses was launched in **June 2003 **and **14 are still available in March 2008, almost 5 years later

WTF

[BertieBasher]

@A Random Walk

[Carlow Nationa(Carlow Nationalist — Storytelling competition encourages kids to get creative | Carlow Nationalist)

HOUSE prices in one of Carlow’s most sought-after estates have been dramatically slashed by almost €70,000.

Local first-time buyers who are trying to get their foot on the property ladder will be watering at the mouth with this week’s revelation that the cost of a four-bed semi in The Paddocks on the Browneshill Road has dropped by up to 20%, going from €325,000 to €260,000.

This staggering fall in price is set to have house hunters racing to secure one of the remaining 14 units that are up for grabs in the estate.

James McDermott of selling agents Sherry Fitz erald McDermott on Barrack Street told The Nationalist that this is a “fantastic opportunity” for those either attempting to enter the market, or for seasoned investors.

Always look on the bright side lads eh?

The rest of the article is too funny.

Acting on behalf of developer Seán McLoughlin, Mr McDermott added that he does not believe this price cut indicates a downward spiral in the housing sector.

“It is true that prices are softer but I see it more as the market balancing itself out than anything else.

And obviously the prices are at the discretion of the individual developer,” he said.

Yes, the market in general had no impact on this, the price was cut out of the goodness of his heart.

According to Marcus McCormack of DNG McCormack Properties on Tullow Street, the market is poised to make a recovery again.

“I am very surprised to hear of such a high level of a drop in the asking price,” Mr McCormack said. “In our opinion the market is on track to recover from any recent falls. But it will certainly be very interesting to see how it goes. Anyone with an interest in the property game will be watching with interest.”

That rubbish reminds me of the childish gypsy tricksters who play the “ball under one of the three cups” game in Barcelona. Five or six stand around a member of their familly (who all look very similar) who has a table three cups and a ball. The game is played and a familly member wins copious amounts of money. All the while the six of them are throwing their hands in the air and gasping at how easy it is to win. The exadurated movements and facial expressions are comical. You stand there and look on similing wondering why they bother. They couldn’t possible get anyone stupid enough to take part.
Then it is my turn to gasp in shock. They get plenty of idiots to take part. So many I’m left wondering if I should give up my job and start doing this.
Just cause you’re smart, doesn’t mean the guy standing next to you is.

[jdf]

@jost

Have these houses been on sale since 2003?

That must be what passes for being

one of Carlow’s most sought-after estates

around those parts.

Whatever about the national media outlets the local press are a total disgrace when it comes to any type of coverage around housing. Reading the papers given away free or bought around me you would swear that the boom was still in full flight. One prominant EA (who has been given much recent coverage on here) didn’t appear to get any bad press locally at all. Only one paper carried the story and it was more a puff piece really

[lobby]

And, the houses had already been reduced in price for about 6 months. So the reduction of 70K is only a reduction of 40K on the previous price, not 70K. Those 3 beds have been 299/295K for quite a while now.

[solatic]

Followup articles:

**Homeowner’s anger as house prices continue to fall **

PLUMMETING property prices in a second Carlow housing estate will be warmly welcomed by local first-time buyers, but not everyone is rejoicing.

Well-known business woman Lynda Maher this week told The Nationalist she is disgusted with the local developer who continues to wipe thousands of euros off the price of his houses.

Living in The Paddocks on the Browneshill Road, Lynda has described last week’s staggering €65,000 fall in the cost of a four-bedroom semi in her estate as “very unfair”.

carlow-nationalist.ie/news/s … mhmhididsn

**Dramatic house price cuts leave lone parent in negative equity **

“I work six days a week, often 11 hours a day to try and cover my bills but if I could have got my house at €65,000 less I wouldn’t have to be working so hard to make ends meet,” she said.

As eager house-hunters race for one of the remaining bargain properties up for grabs, residents in The Paddocks are seething that their future neighbours will be paying close to €200 less a month in mortgage repayments.

“I found it very hard in the first place to even get a mortgage because I’m a lone parent and I’m also self-employed, like a lot of people out there, and now a couple bringing home two good wages can get a house in the same estate for a fraction of the cost. It is extremely annoying,” said Lynda.

carlow-nationalist.ie/news/s … mhmhididoj

[A_Random_Walk]

Unbelievable

[Poacher]

I remember one of the first threads I came across on The Pin about this time last year related a similar tale from a housing development in Florida. It seems we truly are about 12 months behind the States as per some of the regular posters oft-repeated iterations.

Twilight Zone Pinsters strike again.

[jrar42]

@solatic

Followup articles:

Did Ms. Maher divulge the name of the person or persons who marched her at gunpoint into the selling agent’s office and made her sign for one of these houses in the first place ?

[Stingy_Buyer]

@solatic

“I work six days a week, often 11 hours a day to try and cover my bills but if I could have got my house at €65,000 less I wouldn’t have to be working so hard to make ends meet,” she said.

As eager house-hunters race for one of the remaining bargain properties up for grabs, residents in The Paddocks are seething that their future neighbours will be paying close to €200 less a month in mortgage repayments.

“I found it very hard in the first place to even get a mortgage because I’m a lone parent and I’m also self-employed, like a lot of people out there, and now a couple bringing home two good wages can get a house in the same estate for a fraction of the cost. It is extremely annoying,” said Lynda.

carlow-nationalist.ie/news/s … mhmhididoj

Can she not sue the selling agent for mis-selling?
Did any of the documents from the selling agent contain the words, “house prices may fall as well as rise” or “your house may be worth less in the future, than what you paid for it”?

Theres going to be a lot of people like her emerging in the next couple of years. Id like to see Sherry Fitz and the rest of them get sued out of business. Wipe the smirk off Marian Finnegans smarmy face.

[gaius]

@Stingy Buyer

@solatic

“I work six days a week, often 11 hours a day to try and cover my bills but if I could have got my house at €65,000 less I wouldn’t have to be working so hard to make ends meet,” she said.

As eager house-hunters race for one of the remaining bargain properties up for grabs, residents in The Paddocks are seething that their future neighbours will be paying close to €200 less a month in mortgage repayments.

“I found it very hard in the first place to even get a mortgage because I’m a lone parent and I’m also self-employed, like a lot of people out there, and now a couple bringing home two good wages can get a house in the same estate for a fraction of the cost. It is extremely annoying,” said Lynda.

It’s depressing that so few people put so little thought into the most important financial decision of their lives but still refuse to accept any blame themselves.

carlow-nationalist.ie/news/s … mhmhididoj

Can she not sue the selling agent for mis-selling?
Did any of the documents from the selling agent contain the words, “house prices may fall as well as rise” or “your house may be worth less in the future, than what you paid for it”?

Theres going to be a lot of people like her emerging in the next couple of years. Id like to see Sherry Fitz and the rest of them get sued out of business. Wipe the smirk off Marian Finnegans smarmy face.