It may be chilly outside, but in the 2012 property market, things seem to be hotting up, with a recent Home Sale Network survey carried out amongst its members indicating an increase in both buyer enquiries and sales instructions.
A staggering 90% of respondents have seen an increase in the number of buyer enquiries and instructions in January 2012 compared to December 2011. In fact, the majority of members surveyed (38%) said that they have seen over 50% more instructions; suggesting, that as we progress into 2012, lots more people are deciding to enter the sales market.
Survey results also indicated that over half (51%) of respondents reported the trade up purchaser as the most common buyer type at the moment. This would appear to indicate that despite the challenges in the mortgage market, stable property prices are attracting those who have the ability to purchase. Also cited by a fifth of member respondents as the most common buyer type was the buy to let purchaser - great news for prospective tenants who are currently outnumbering landlords in the UK rental market.
So whether you’re buying, selling or renting, get in touch with us. As members of Home Sale Network, we’re part of a national network of handpicked, independent estate agents across England, Scotland and Wales and are your Local Expert for buying, selling and renting property in Newton Abbot.
