Property Reporter, 27/02/2023 | Stacks Property Search and Acquisition

How to navigate the housing market in 2023

Quoting James Greenwood, Clare Coode, Bill Spreckley, and Nick Cunningham of Stacks Property Finders

James Greenwood of Stacks Property Search, says: “Property is one of the only things that isn’t suffering from inflationary pressure. Prices are no longer going up for the majority, so property is effectively becoming better and better value.

“In some sectors, prices are dropping, but for individual properties at the middle and upper end of the market, there’s no certainty that prices are falling, although they have almost certainly stalled. The froth has evaporated, and the frantic days of competitive bidding with properties selling after a single viewing are, mercifully for buyers, mostly over.”

So does that mean it’s a buyers’ market?

Read the full story here

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