Autumn has proved to be a better period than many expected with evidence of serious buyers still in the market and encouragingly still making decisions about buying property.
The reason for this is that there is still a lack of supply of property coming to the market which means that those buyers who need, want and intend to move have to make a decision. This does not mean that values are going up; however, we have seen some very good values achieved for homes in good locations that are well presented and correctly priced.
Despite everything that is going on in Europe and UK plc here at Mackenzie Smith we believe that 2012 will be reasonably steady. We don’t see many fundamentals changing in the market and are advised interest rates are likely to remain at current levels until at least 2013.
If you are considering a sale of your home in 2012 then you should be able to plan with confidence. Ensure you maximise the marketing of your home both in terms of on and offline sources. An accurate valuation approach is also essential.
Ed Mackenzie Smith