Positive start in market for new year
Simpson West have reported an extremely positive start to the new year in the housing market, which has resulted in our best January sales figures for four years.
We are delighted with the activity witnessed in January, which has continued into this month, with the most positive sign being that we have seen more first-time buyers entering the market, and people who have been renting deciding that the time is now right to own their own property.
This has been further added to by clients looking to purchase a property as a long-term investment due to pensions and savings not performing as well as expected.
With more buyers coming in at the bottom end of the market, this has had a springboard effect for second-time buyers moving up the ladder.
Home owners who were frustrated at the lack of interest in their property towards the end of last year have already seen more viewings and sales being agreed on their property.
With more SOLd boards springing up, this will provide home sellers with more confidence that they can expect interest in their property.
Correct pricing of a property remains the crucial element in attracting a buyer and securing a successful sale. Marketing your property at a ‘realistic’ price will generate interest, viewings and sales.
Nobody wants to feel that they are simply giving their house away, but with the right marketing and feedback, home sellers can expect a sale in a timescale that suits their needs.
We have to remember that although the value of your own property will have come down in the last few years, the price of all other properties have also come down in relative terms.
For people looking to sell and buy, it is that relative difference in values that is often the determining factor in agreeing a sale. if the difference in sale and purchase price is affordable, then people will still move house. There are many well-priced properties currently on the market and buyers can potentially get a lot more for their money than maybe they realise.
The housing market is heavily reliant on sellers and buyers alike being kept fully up-to-date with the latest activity. Whether it is being given honest feedback from viewings, or being informed of new properties coming on to the market, dealing with the right estate agent gives you a key advantage.
We accompany all viewings, providing a more personal service in order to obtain more accurate feedback from potential buyers. This feedback is then relayed back to our vendors within 24 hours in order for them to understand what they need to do to achieve a sale.
We pride ourselves in the fact that we open seven days a week and offer the longest opening hours in Corby – until 7pm during the week. Call Simpson West on 01536 202007.