Seems to be a much better house exactly the same distance from the train station for 10k less
Only a 3% drop in prices over the last 3 months.
I personally think it will be later in the year ,early next year before we see any significant drop in prices.
The lack of credit may however hasten this along.
Banks refusing mortgages to people on PUP and TWSS will see the value and volume of mortgage approval fall
As we saw last time, prices are very sticky on the way down. Especially this time round where people will be hoping that Vaccine + V-shaped recovery turns the last six months into a bad dream. People who don’t have to sell will be holding out. Capitulation could be a long way off.
Thats a nicer house but only 2 bedrooms. Large potential to expand the 3 bed one into the side garden as well but the house needs a lot of work and is still quite overpriced imo.
Ive been watching the commuter belt as I think the move to working from home means Im likely not going to need to be in Dublin more than twice or three times per fortnight and commute is doable on that basis, especially if similar scenario across the board means less traffic on the road.
Theres no comparison in terms of what youll get compared to whats on offer in Dublin. This place in Avoca for example
Id have a preference for Wicklow above Kikdare Meath or Louth as I like hill walking and general outdoors stuff. Agree that theres probably not much going to happen until after Christmas but as per the example in the OP there are quite a few drops recorded on the Myhome price drops function already, mainly in the region of 5 % to 8% or so. So lets see.
In terms of locations such as Arklow, Wicklow Town or indeed anywhere else in the county (see Avoca above), anyone have any knowledge of how they compare in terms of facilities and general quality of life? Im a Dub and have spent a lot of time abroad over the past decade so not too clued in to these places.