What are you waiting for?

The irony is that this is probably the best time in the past 12 months in which to find a buyer for your property, but potential sellers are holding back thereby causing a very real shortage of homes to buy

Much to my surprise, and considerable relief, we have seen sales rise inexorably since the start of the year, culminating in our having achieved our 1st quarter's sales target for the first time since the company was formed in 1992. (as at April 18th we have sold 44 bungalows in just 14 weeks)

I believe that the reasons for this upturn in sales are twofold... firstly, we have improved every aspect of our service, particularly with the introduction of our celebrated new web site which allows us to show 'Video Highlights' of many of our bungalows; this unique facility having proved immensley popular with visitors to web site www.thebungalowcentre.co.uk

Secondly, buyers are returning to the UK housing maket in ever increasing numbers. Last year, it was true to say that the virtually only people who moved were those that had to move, for whatever reason. Whereas this year, people have now accepted that if they sell for perhaps £20,000 less... but then buy for £20,000 less than they had anticpated paying for their new home, they are no worse off. 

In other words there is nothing to be gained by waiting. So they are now out there looking for their ideal home... but guess what, there aren't enough properties coming on to the market to satisfy the demand.

The irony is that now we have more buyers, there is a shortage of properties developing... Spring has arrived and at a time of year when people put their homes on the market in droves, New Instructions have all but dried up.   (the vagueries of the Property Market will eventually be the death of me)

Why, what are you sellers waiting for?

If you want to move, get your home valued, select a good agent and get it on the market at a realsitic price.

You will then be in a position to pick up a bargain.

Be warned though... property prices may have just about 'bottomed out' but they will not rise this year... perhaps next year we will see the start of a slow increase which may return prices to their 2008 high in 5 or 6 years time.

Comments

[flats to rent in london]

When I was MUCH younger, I'd have looked at a place like that. I couldn't have afforded it, but I'd have looked.
I'm a rural chick now, and living large.