We are in unprecedented times. Cornwall has now taken over London as the most searched for location on Rightmove. Cornwall has a population of circa 600,000 where as London has circa 9,300,000.
The coastal Regions of Devon have come third in the list.
I have been in the business of buying and selling property for over 20 years and cannot remember a more extraordinary market place as the one we find today. Yet, I just don’t see, demand dampening for the foreseeable future.
I actually feel there is enough demand already in the market place, to keep sellers and Estate Agents with plentiful supplies of buyers, for the next 5 years. Estate Agents have people queuing for property and this waiting list will not clear for many years to come.
We are facing a revelation in terms of where people now want to live and that now can live.
I do hope the market cools down post June 2021, once the stamp duty starts reverting back to normal. But I don’t think there will be a dramatic shift in demand.
As your Search Agent, It is vital to make you as a competitive buyer as possible and to try and see properties before they go “live” on the Portals. I now also have 2 or 3 clients willing to buy without seeing the property in the flesh. This may seem reckless, but in some individual cases, it is the most logical way to secure a property in today’s market. However, it is vitally important you have someone on your side to share with you the negative aspects of any house in a balanced and honest fashion, before you can possible consider taking such bold steps.