Market update..
Buyer demand is still up by 4% on the more normal market of 2019, but down by 20% on October last year.
The era of historically low interest rates is over, but there are signs that mortgage rates and availability are now settling down.
As is usual in November, sellers are pricing more competitively to try to find a buyer in the last months of the year.
Many had to rip up the rule-book on valuing properties due to bidding wars, but now they’re back in more familiar territory, and pricing right first time is even more critical to securing a quick sale.
Keep an eye out for the up and coming marketing video with Jack, Conor, Jodie & Ryan and the JP & BRIMELOW (Chorlton & Didsbury) LIMITED marketing team. ????????????
Sourced from @Rightmove
Eddie – Monday 14th November 2022.
