Friday, 30th Aug

Ready, Set, Spring.

With everyone waiting eagerly for a huge arrangement of stock to pop up in the next four weeks, I would say don't hold your breath too long.

Agents are reporting that there is very little that looks like coming on the market at the moment, so if you see something you like I say buy it.
With so many transactions occurring over the last four years, agents are starting to wonder if there will be enough stock available in the next four years.
If everyone starts taking a leap of faith, and vendors start putting their properties on the market in the hope of finding a new home to move into, we won't be left in this Catch 22 situation.

Agents are telling me that some people are wanting to sell, but to do so they need to find a replacement home which is proving to be very difficult in this market.
The only thing that is going to lower prices this Spring is a huge amount of property coming on the market which will create a larger supply than buyer demand.
If I had a crystal ball I would say this is not going to happen, so look forward to more price rises in the property market this spring.


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