Thu, 2018-11-01 14:13
It's that time of the month where we like to update you on what has been happening in the property market with particular relevance to the numbers of properties actually selling.
We continue to battle with a perception that the market is really sluggish and that Brexit is having a negative effect along with other economic factors. Combine that with reports about property values dropping and the prospect of interest rate rises and it is a wonder that there is a market at all !
It is absolutely fair to say that the market is not firing on all cylinders but that is the nature of a market place. Things change. As Agents we have to recognise the conditions we face and adjust accordingly in order to strive for results.
Please see attached the Rightmove report for sales agreed throughout October. Well.....it would seem that we do have a market. The results we are achieving are similar to what we would expect in a good market at Spring time, so there is plenty to be positive about.
However, as mentioned it is not all plain sailing and we are working extremely hard to produce results in a market place that is not quite how we would all like it. So to have achieved 50% of all sales agreed in October is an outstanding result and testament to our amazing team.