Thursday, December 28, 2006

Dec 28th Bubble News Update

Dec 28th IrishTimes: How the housing corner stones of our economy could go into a rapid freefall (Subsc. req., full text here and gang of bears lapping it up)...."falls in real house prices of the order of 40-50" !!!!!!

Dec 28th Indo: Caution means house prices rising at slowest rate in almost five years

Dec 21st Examiner: ESRI issues debt warning...."International banks concerned about our credit rating might be forced to raise the cost of borrowing to Irish financial institutions. In effect that would see Irish interest rates going higher than the benchmark rates laid down by the European Central Bank, which would be unprecedented, he said. "

3 Comments:

At 10:34 am, Anonymous Anonymous said...

4 Greenmount Square Harolds Cross:
Was: "Excess EUR410" www.daft.ie/146376

Now: "Region EUR395"
www.daft.ie/119325

 
At 4:25 pm, Anonymous Anonymous said...

Garrynisk Square, Belgard.
New development of 12 townhouses with p.p. as 3 bedrooms with study. Can search for detailed plans on www.sdcc.ie
Launched in Sept 2006.

http://tinyurl.com/yh3ogn

Advertised as 4 beds in Sept 2006,
End of terrace 645k,
Mid terrace 595k.
(no link available to original advert)
------------
In Oct/Nov, prices dropped to

4 bed end of terrace 585k
www.daft.ie/151160

4 bed mid terrace 550k
(no link available).
Still can see these prices on myhome.ie - search by map. Old advert is south of Belgard luas stop, new one is north of it.
------------
6 houses still available now
advertised by new EA as 2 No. 3 bed end terrace 520k
www.daft.ie/184882
and
4 No. mid terrace houses (3 bed) 500k
www.daft.ie/184881

 
At 2:58 pm, Anonymous Anonymous said...

some further info re Garrynisk Square.

Some houses advertised for rent or "let agreed" at 1400 to 1650 euro per month.

http://tinyurl.com/yalwrp

http://tinyurl.com/yeqpb7

http://tinyurl.com/yfy2yw (no. 2 in list)

 

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