How is the market is shaping up?
Posted on Tuesday, January 20, 2015
The Christmas decorations are all away and we are fast approaching February, how quickly does time disappear? The month also seems to be leaving the market behind somewhat as the stock levels are much lower than we would usually expect at this time of year so sellers do have a monopoly over the market.
We have certainly noticed that buyers are feeling pressured into offering and some excellent prices have been achieved on property in the first 3 weeks of the New Year, the question is how long will this last? At some point sellers will come back to the market in abundance and when this happens there will be more competition, more choice and lastly, it will affect prices!
So if you are considering moving at some point this year then the old saying of "there's no time like the present" could not be more apt!
John Ghent, Sales Manager, West End Office.