Certainly eventful!
Well, things haven’t really settle down globally for the beginning of 2025, have they??
So what might be relevant for your Property Search. Rachel Johnston from Stacks Property Search has some Market Comment that you may consider relevant to your property plans going forward in Northamptonshire, Buckinghamshire, Bedfordshire and East Oxfordshire.
“2024 didn’t live up to expectations in terms of turnover of stock, but the daffs are now out and activity is picking up. Imminent interest rate falls should give the Spring the kick it needs to get confidence rebuilding and you may now be competing with cash-rich Americans of course!
The disconnect between buyers and sellers last year is still in evidence, with stock that didn’t shift all taking big price drops in the early part of the year, and a good deal of ‘haven’t I seen that before’ stock being brought back to market, not necessarily reduced however. Appropriately priced stock has competing bids which keep the prices met or exceeded, and as each country property is a unique proposition, and the circumstances of vendor and buyer will be likewise a bespoke blend, headlines about national house price fluctuations are next-to-useless in setting your expectations on what you can offer for a property.
As Buying Agents, we’re also being offered a lot of early viewings for properties that are not going to be online but are for sale. If you know you want to be in our areas, it only makes sense to bring us on board to early to help you get your eye in, and know your own mind, supported by our expertise, when ‘the one’ becomes available.
We’re seeing the number of clients downsizing increasing, and we’re ideally positioned to ease the pain of leaving your beloved home of 30years with tailored support and local expertise, helping you work through your options, and take a positive step forwards rather than a gloomy step down!
Desirability stays the same as my last update. Those that control their own view will be prioritised by some, whereas others may be able to capitalise on changes to planning and infrastructure plans and make some of the asset income-producing or benefit from likely growth. Energy-efficiency will become ever-more attractive.
Despite uncertainty, life moves on and you need to be in the right property. All in all, the fundamentals have not changed – do your research, buy best-in-class, and get on with the next phase in your lives.”
Using the services of a Buying Agent like Rachel Johnston is more advisable than ever – learn more about how a Property Search Agent can get you ahead of the competition below.