Posted in: Latest News
Were you aware that the housing supply is now on the up?
With multiple applicants bidding on every house that comes on the market and many houses going for way over market value, the fact that there are more houses to buy every single day now is a major positive for both sellers and buyers.
It seems like the property market changes every single day right now and it can be hard to keep up with what is going on, but never fear - NewHome4U are here. We'll keep you updated on all the latest property news, and continue to support you in getting the best price and experience from selling your home, to finding a new one.
As we came out of the pandemic, there has been a housing supply issue for quite some time - not just with any single estate agent, but the whole property sector. We've heard horror stories from customers that have swapped to NewHome4U after experiencing many people bidding on multiple properties before finally managing to get one. They have had to fight off other potential buyers multiple times, often getting pipped to the post. Many properties have been sold without viewings as people have been desperate to buy and placed a bid without even seeing the property. With multiple people bidding on every single property, there hasn’t been enough property to go around.
Things are getting betterIt has all been very positive for our sellers and buyers though, as NewHome4U have had a steady supply of properties over recent months, and we're even more excited to see even more people choosing NewHome4U to sell their home.
The supply of homes is finally starting to show signs of improvement and there is the belief that house prices may finally be peaking. With the market potentially peaking, many sellers are realising that now is the time to sell their properties in order to get the best possible price before prices return to a normal level of growth. Properties are generally still selling for higher than the asking price however it is expected that these figures may soon go down. The time really couldn’t be better for selling!
In recent months, there has been a listings increase of 21% as sellers look to get their homes sold before the market slows down. Buyer appetite is still there but this should hopefully reduce some of the pressure the housing market has seen in the past couple of years. As you can imagine, the number of homes being sold had started to decline as they all got snapped up (but buyer demand remained as strong as ever) so this boost has come at a perfect time.
If you are a buyer or seller in and around Mold, then now is the time to take action. As a buyer, you can take advantage of all of the properties coming to the market - click here to follow us on Facebook, where properties can often sell before they even hit Rightmove! As a seller, you can get a great price for your property as buyers flock to buy your home.
NewHome4U are here to help you whether you are looking to buy or sell. Our friendly team will guide you throughout the whole process – helping you to make your home more valuable if you are looking to sell or giving you some top tips for buying a new home.
We are known as Mold’s friendliest estate agent for a reason and we have been award winners in the Best Estate Agent Guide for Exceptional Sales In 2019, 2020, 2021 and 2022! We know what we are talking about when it comes to buying and selling property and you can take advantage of our in-house mortgage team too to ensure you get the best deal for your circumstances. Beth at Love Mortgages is incredibly friendly and approachable and will make sure you get the best mortgage possible. For mortgage advice, feel free to give Beth and her team a call on 01244 90 44 10 or click here to send the Love Mortgages team a message.
Looking at selling your home?
We can visit you and provide a FREE valuation of your property, with no questions asked. We can even help first-time buyers with the process of buying their first home. We know that not everyone has a large deposit so we can even ask the team at Love Mortgages help find a 95% mortgage if that’s what you need! A large percentage of properties being bought right now are by first-time buyers, looking to take advantage of all of the homes coming onto the market.
We might even be able to sell your property before it makes it onto our online gallery – we pride ourselves on knowing the right buyers for the right property and will always cross-reference the two to ensure your home is sold as quickly and efficiently as possible.
If you are looking to buy or sell a property in Mold, the surrounding area or even further afield, then don’t hesitate to get in contact with us here at NewHome4U. We can’t wait to help you to achieve your property or buying selling needs and goals.
Why not get in touch with our award-winning team today? You can get in contact via our contact form here or give us a call on 01352 837837 – we can’t wait to help you!