Housing market it crazy in Cardiff

[SwissJonese]

Wow the housing market is getting a little bit crazy this year. We have been looking for around 6 months and are ready to go (currently in rental). Either properties are complete do'er uppers or really nice houses that are getting asking price or above and all going within days - argggg. The prices are rising and people are expecting silly money for some properties but are not willing to budge on price.

Also notice quite a lot are coming back on the market after being sold?

[SwissJonese]

wellzee said:

I live in Rhiwbina and it seems like a lot of the more moderately priced homes in the area are listed as sold before they've even really been advertised.

Rhiwbina is a lovely area (great barbers there), but the market is even more mental. Check this 2 bed for 249k like WTF!
http://www.rightmove.co.uk/property-for-sale/prope...

So far we have lost 2 properties, one was a bidding war in Radyr and the second the owner wouldn't sell unless asking price was paid even though it was about 30k above price and needed new kitchen and bathrooms. There was a 3 bedroom place in Lakeside (Roath) up for 295k that has so much interest that it went to sealed bids, even though it needed full renovation.

Hopefully we will get lucky, never thought it would be this hard being in rental so ready to go.