Are Agents/sellers inflating prices at the moment?
A house on this street was bought 05 at 475k; was marketed in 10 at 745k, withdrawn having failed to sell and is now back on the market at 875k. It has not been improved or extended. Using a land registry calculator I can't see any justification for this asking price. Having watched the market I observe that there are houses languishing on the market for months and months because asking price is mightly ambitious. Why do agents bother marketing a property that is going to take ages to sell if ever because it is over priced?
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