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!