Scary I know, but there are only sixteen weeks to go till Xmas. Traditionally this is a popular time of year to move so here’s a round-up of the latest trends in the housing market:
• Sellers – properties on sale in England and Wales have increased by 10.3% in a year, according to home.co.uk, a website specialising in monitoring property transactions. If you are thinking of selling remember to de-clutter, finish off any odd jobs that need doing and be realistic on your asking price.
• Buyers – average UK prices are down 2.3% from July, or so Rightmove estimate. Sellers may be prepared to drop prices as the autumn progresses in order to get a move completed before the end of the year.
• First Time Buyers – there is currently the largest number of first time buyers since 2008. In recent months they have accounted for 51% of all purchases, taking advantage of some good finance deals.
• Downsizers – because they are often cash buyers, they are ever popular with sellers and bargains can be had.
Whatever your situation, it pays you to come and talk to us. We are Gloucestershire’s longest established independent estate agent so you can rest assured we know what we are talking about!
Give us a call today or drop into one of our four offices for a chat.