BUYERS STILL WANT TO BE IN FOR CHRISTMAS

Interesting to see the large amount of buyers hoping that a home that suits is released- so they can be in for Christmas.

We have spoken to the vast majority on our register in the last week and there is a strong want to move. This is supported by the great amount of activity in people viewing stock on the internet. Latest reports also show an upturn in activity in the south after a summer lull. Interesting because we had an extremely busy July and August plus a pretty good September. The lull could probably be accounted for on lack of stock generally. We seemed to have good choice and it may have been the difference between being busy and not.

Recent reports also point to the buy to let market coming back with investors emerging again.

There is no change in the ‘Price it Right’ attitude from buyers. Overpricing is a big turn off, with buyers being interested only when they feel the asking price is around where it should be.  It shows how intensely buyers do their homework. They will pay a price that takes into account the market rise but not over and above. Also some of the news coming out from the Brexit fallout means that buyers don’t want to overpay.

The fall in Sterling affected our Spanish homes business for a while as buyers reassessed their spending. After a noticeable step back it is activity as usual. This on the basis of the renegotiating in some areas or slightly streamlining wants where there is great activity. Interesting to see a lot of business being carried in areas we are dealing with from other parts of Europe. Quality new homes with good rental returns is what we are finding.

 

 

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