December Market Comment

By in Blog with 0 Comments

WE PREDICT the busiest December ever, in terms of buyer and seller activity over the coming weeks. There is so much pent-up demand that is just waiting to be unleashed following months of Brexit-related frustration. D-Day will be Friday 13th December – the day when we will wake up to an election result which, whatever the outcome, will put us out of our misery.

 

Most prospective sellers who have taken a “wait and see” attitude will by then be straining at the leash to get moving and will want to ensure their property is on the market in time for what we expect to be a record number of buyers browsing the portals and agents’ websites. Boxing Day is usually the busiest day of the year for property portal activity, but this year could be extraordinary.

 

This is primarily because all the usual economic indicators, such as employment rates, interest rates, inflation etc are looking very favourable, and have been for some time. The only recent dampener has been the election, following months of Brexit confusion. With that behind us, whatever the future for Britain in Europe, life goes on. People are fed up with waiting and many sellers who might otherwise wait until spring (seldom a good idea) are now expected to bring their sale forward to take advantage of the surge. This will also have the effect of putting them in a good buying position themselves, with a greater choice of stock, in the New Year.

 

2019 has been a bumpy ride for us all, whatever your view on Brexit. Nevertheless, we have maintained some remarkably good sales figures as we have knuckled down and focussed on what we do best – help people move.

 

It looks like house prices will hold steady next year, with gentle upward pressure, which is a healthy situation which responsible agents will embrace by focussing on sales rather than simply attracting overpriced stock.

 

If you’d like to take advantage of the opportunities of the moment, then please feel free to call us on 01452 597994 or pop in for a mince pie. You might be pleasantly surprised!

Share This

Blog Post Disclaimer

This is a personal blog. Any views or opinions represented in this blog are personal and belong solely to the blog owner and do not represent those of people, institutions or organizations that the owner may or may not be associated with in professional or personal capacity, unless explicitly stated. Any views or opinions are not intended to malign any religion, ethnic group, club, organization, company, or individual.

All content provided on this blog is for informational purposes only. The owner of this blog makes no representations as to the accuracy or completeness of any information on this site or found by following any link on this site. The owner will not be liable for any errors or omissions in this information nor for the availability of this information. The owner will not be liable for any losses, injuries, or damages from the display or use of this information.

Downloadable Files and Images Any downloadable file, including but not limited to pdfs, docs, jpegs, pngs, is provided at the user’s own risk. The owner will not be liable for any losses, injuries, or damages resulting from a corrupted or damaged file.

Comments Comments are welcome. However, the blog owner reserves the right to edit or delete any comments submitted to this blog without notice due to :

  • Comments deemed to be spam or questionable spam.
  • Comments including profanity.
  • Comments containing language or concepts that could be deemed offensive.
  • Comments containing hate speech, credible threats, or direct attacks on an individual or group.

The blog owner is not responsible for the content in comments.

This blog disclaimer is subject to change at anytime.

If in considering action upon the contents of this blog, one should always seek professional advice.

We Won Banner We Won Banner