Re: Re: Developments in Cork
It was reported on the Pat Kenny Show last week, 80% sale failures at auction in Dublin, 65-70% and rising in the country.
I do of course accept that auctions in Dublin are much more common than in Cork, but given that â€œnormalâ€ buyers (first timers etc) use private treaty sales rather than auction I think it follows that those in the know i.e. auction buyers are deserting the market.
Thanks for elaborating. There certainly seems to be a wind of change in the property market of late. I just hope it all stays rational.