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The Property In Blog

Archive for the ‘Market News’ Category

Taking Stock

Tuesday, January 19th, 2010

Recent market reports have told of both lower asking prices and offers over the winter period, which has led to speculation that there may be another fall in the market. As it happens, we don’t think this will be the case and in fact, we found the figures quite reassuring. November and December are always a little quiet, so a slight drop is always expected. The market showed a 1.6% decrease over November and December, compared to 2.9% last year and approximately 1% in 2007, so it is well withing the normal parameters of the normal annual trends for this time of year.

We are still expecting recovery between now and February. But we need to tackle the stock issue - which is stock! Now is the time of year that we really need to get as much stock on as possible to boost both the market and prices. If you are thinking of selling, get in touch for a free valuation visit from one of our team. We’d be happy to help you spring into Spring!

A Cold Start

Tuesday, January 5th, 2010

Ok, it’s a cold start to the day, and the year by all means - but not necessarily to the market place. As we all wrap up warm and get ourselves prepared for the cold weather, does it occur to you that the property market may have been doing the same?!

Property prices took their expected drops in November and December, which is a normal trend due to the lack of demand in those months, so don’t be concerned. The great news is that it is now January and things are warming up in the market.

We all know that the market needed to adjust and settle,  or cool down as such. Just consider this the property market putting on its scarf, mittens and warm coat! Now it can adjust to the colder climate without a severe reaction.

Recent reports by some of the leading experts and property portals have suggested that the market will be much more stable by February and we are already beginning to see signs of a significant recovery in house prices in the area.

If you’re curious as to what extent, contact us for a free no-obligation valuation just to see how much things are warming up.

Isn’t it nice to have a hopeful forecast!

Inflation Is Back - In A Good Way!

Friday, August 7th, 2009

Well there does seem to be some balance in the life of PropertyIn.com at the moment. Although it may be a bit gloomy outside, the news that is coming in definitely seems to be on the sunny side. Nationwide have released a report that confirms house prices have risen for the third month in a row. That means year to date, house prices have risen by 1.3% nationally, and locally we think the picture is much brighter!

Combined with a recent report in the Telegraph, from research by the Propertyfinder website, more than 50% of people asked expected  house prices to rise by July 2010. It looks like things are looking stable and positive for the third quarter of 2009. We would be very happy to book in your free valuation and confirm the good news everyone is reporting!

A Break In The Clouds

Tuesday, July 28th, 2009

Ah, the rain has stopped lacing the windows and rays of sunshine are yet again creeping their way across the floor here at the PropertyIn.com office. There even seems to be some sunshine in the market place! The council of mortgage lenders stated that ‘the raft of measures taken by the authorities has stabilised the economy and will sow the seeds of recovery over time, including in the housing market’ in a report today.

What we think is most important about this news is that it reflects what we have felt and thought over the last few months - that there are opportunities to be taken advantage of in any market, even this one! We’ve been here long enough to have seen it all before and we think we can find a deal for anyone who’s looking - put us to the test!

The Property In Blog includes the latest property market news, tips and useful information for buying and selling your property.

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