10. February 2010 14:19
A very hectic start to the year. Following on from a record December, when we agreed sales on 17 properties, January has proved to be very hectic. After a slow start, due to the snow, things picked up a pace with the thaw. Loads of valuation, the highest for two years, which is very encouraging. If more people are thinking of selling, hopefully, there will be more choice.
We have had a good number of offers, never as many as we would like, with some unusual sales taking place. A property that a sale was agreed on in 2007, only for it to fall through when the buyers took fright after Northern Rock, has just re-sold at a price just 10% less than its 2007 price. Two retirement properties have sold after months and months of little interest.
So, has the market turned a corner? We will let you know in a few months time. Hindsight is a great gift!!