The Market Reopens

It has been a surprise quite how little activity there has been over the summer in many quarters.  Buyers have sat on their hands, vendors have stayed put and agents gone on holiday.

To catch breath after a fairly frantic late Spring market is no bad thing, and a further settling of the market allows further confusion to dissipate because, basically, things are much the same as they were a quarter or so ago.  The market has been massively corrected.  Mortgages are hard for some to get hold of (but not others).  The economic outlook is uncertain, and job security poor.  But for factors to remain unchanged for several months is a rare treat after the heady turbulence over 2007 and 2008.

And our advice remains the same.  There is both demand and a market.  If you want to sell, talk to your agent.  If you are thinking of buying, speak to us.

People should not be fearful a market which is relatively stable, and looks likely to remain that way for some time.