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Market News August 10th

Property services market news Butfield BreachInteresting July figures showing not as many properties coming to the market as this time last year. This is leading to a high demand for homes from waiting buyers. So we still had a great sales month!

Buyers are willing to pay a premium for the right home but there is a limit as salaries are not matching the rise in prices. It is important that asking prices are not over the top.

August so far has been very good. Although people are on holiday they seem to disappear or two weeks then come back really hunting for the right home. It is important that we do not slip into that holiday mentality.

 

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