Property Report: Prices continue to decline The latest property report by MyHome.ie shows the downward trend in asking prices has continued into 2011. With consumers focusing on reducing their debt levels and faced with the prospect of higher mortgage rates, further house price reductions are likely in 2011.
MyHome.ie Property Report Summary
MyHome.ie Property Report Q1 2011 County-by-County Analysis
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Should mortgage debt be written off? New figures released last week revealed that there are now more than 80,000 mortgages in trouble with €6.2 billion now owed on mortgages that are more than 180 days in arrears. Some believe that debt forgiveness is the only solution to our ever-growing mortgage arrears problem.
Should mortgage debt be written off?
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Around the Country: 3 Bed Semi
€199,950, 7 Oliver Plunkett Ave, Monkstown, Co. Dublin €199,000, 47 Craddockstown Way, Naas, Co. Kildare €199,000, 25 Chandlers View, Rushbrooke Links, Cobh, Co. Cork €139,500, 31 Coole Haven, Gort, Co. Galway €170,000, 10 Bayview Drive, Newport, Co. Mayo €85,000, 68 Abhainn Glas, Edgeworthstown, Co. Longford
New Developments From €229,000 Elderpark, Tallaght, Dublin 24 From €165,000 Castlegrange, Clonsilla, Dublin 15 Somerton, Castleknock, Dublin 15
Around the Country: Rental Properties €1,450/Mth 2 Bed Apt, Old Quay, Strand Road, Sutton, Dublin 13 €3,000/Mth 5 Bed Detached, Ballytrain, Foxrock, Dublin 18 €2,000/Mth 6 Bed Semi, Greenlawns, Newtown Commons, Dublin €560/Mth 3 Bed Bungalow, The Gap, Enniscorthy, Co. Wexford €700/Mth 3 Bed Detached, Youghal, Co. Cork 2 Bed Apt Moyhaven, Foxford, Co. Mayo |
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Published by MyHome.ie Copyright © 2011 MyHome Ltd. All rights reserved. My Home Limited accepts no responsibility and makes no representation for goods or services supplied by advertisers.
MyHome Limited Directors | L. Kavanagh, P. Callan Registered Office Address | Prospect House, 2-3 Prospect Road, Glasnevin, Dublin 9 Registered in Ireland | Registration Number 330920 |
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Mortgages Finance your home for €451* p/m per €100,000 borrowed *Based on a mortgage for 35 years at 1 year Fixed Rate for new Owner Occupiers. APR 3.36%. Reverts to AIB's prevailing Standard Variable Rate for the remaining term. For illustrative purposes, does not constitute a contract. WARNING: Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it..
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