Record start to 2015 but sellers will have to work harder this year according to Rightmove
11th February 2015
11th February 2015
Rightmove has reported a record start to 2015, with the most page views ever in a single day (Sunday, January 11) and site visits to date are up over 10% on last year, setting a bullish early tone for 2015.
â– Price of property coming to market are up 1.4% (+£3,798) in a month where prices usually fall
â– Upwards price pressure as the number of properties coming to market (+2%) fails to replenish agents’ historically low stock levels – currently 10% below the same period last year
â– Activity boosted by Stamp Duty savings of up to £1,250 for some first-time buyers – double incentive for early-birds as average property price in this sector is down by £1,132 this month
â– In spite of the above and low mortgage and inflation rates, sellers will have to work harder in 2015 than in 2014: - election jitters and mortgage restrictions suggest a moderate reduction from the high transaction volumes seen in 2014. 2015 will be the ‘Year of the Selective Mover’ - lenders are selecting buyers who are good risks to lend to, and in turn buyers are very selective with the properties they choose.
â– If you want to take advantage of the busy Spring market, why not contact us today. We can give you a free valuation and discuss your options, giving you the time to make any necessary improvements to your home before the property is marketed.
â– It’s worth remembering that Anthony Webb advertise on all major UK property websites, some other local don’t and this could have an impact on the number of people viewing your property online, the time it takes to sell and the price you acheive. Please ask us for more information.
Anthony Webb have a great selection of houses and flats for sale in Palmers Green and Southgate. Marketing is key, please contact us for your FREE valuation.