Posted in: Latest News
The housing market couldn’t be busier right now – there are so many homes coming onto the market and so many people looking to buy. It truly is flying right now and some properties are actually being bought before viewings as people are desperate to buy their perfect new home.
With the property market being as busy as it is, it could be the perfect time to sell if it is something you have been considering. If you are looking to buy, it’s also a great time as so many properties are coming onto the market. Get in contact with us here at NewHome4U if you are looking to sell your property or buy one – we would love to help you with this!
With many first-time buyers trying to take advantage of time-sensitive offers and many people deciding to sell and relocate, properties are flying off the market as quickly as they are going on. Some aren’t even making it to the estate agents’ websites – many estate agents already have potential buyers in mind when a new property is being put up for sale as many potential buyers are being proactive and letting estate agents know what they are looking for. There really couldn’t be a better time to sell if it is something you have been considering for a while.
A Strange Time for The Property Market
It may seem slightly surreal that house buyers are making offers on homes before they have actually viewed them to gain an edge in the market but it is actually true. Estate agents and sellers alike have been left baffled by it but they certainly aren’t complaining! Properties are selling within hours – and sometimes these properties have multiple offers made in that short amount of time!
Wales in particular has been seeing many of its properties being snapped up before viewings and they are also the country in the UK that has seen the biggest house price growth with it up by an average of 11% in the past year! The average price of homes in the UK jumped to a record high in March this year and it seems house price growth is only going to get larger.
It's important to take full advantage of this situation if you have been pondering the thought of a new home for some time. Properties are selling so quickly that sellers do not have much time to find a new property themselves - so if you see a property you like, consider getting the ball rolling by calling us on 01352 837 837 and we'll happily help you in any way we can. The property boom is great news for many however it is sad that some might be missing out, so please help us spread the word by sharing this article with your friends!
Some Potential Problems
Some of the less reputable estate agents have also seen certain practices such as ‘gazumping’ returning. This is where a seller goes back on a verbal agreement and accepts a higher offer. However, this is not a practice we would suggest or condone to those selling their properties with us here at NewHome4U. The temptation is never there when you buy and sell with NewHome4U - because we ensure every agreement is well thought through, supported and agreed upon in a professional way. We work for both our buyers and sellers and would hate to see deals fall through due to stuff like that.
Despite these potential problems for some sellers, the fact that properties are selling so fast is a much-needed boost for an industry that really suffered in the past year due to the pandemic. The housing market has recovered so well and a boost like this is exactly what was needed to get the housing economy kickstarted again.
Get In Touch Today to Buy OR Sell!
If you are looking to sell your property to take advantage of the booming property market, or you are keen to buy whilst there are so many properties arriving on the market, then please do not hesitate to get in contact. We are not called Mold’s friendliest estate agent for nothing and our award wins for exceptional sales in the Best Estate Agent Guide speak for themselves. We are ranked in the top 5% of UK estate agents and customer satisfaction is everything to us.
Whether you are selling or buying, we are happy to help you. We are fun, friendly, and helpful and we will look after you better than anyone. All of our customers love our service and we work with you to achieve your goal, whether that is selling your property for a fantastic price or finding you the perfect home for your family. We also work with an in-house mortgage expert who will help you to get the best mortgage possible – no matter where you buy your home.