December 2010

December 2010
With Christmas weeks away, and with most of the country deep in snow or frozen to the core activity has slithered to a virtual standstill. Market trends are hard to forecast but one leading agent states that “ mainstream and prime markets are on the cusp of a second slip in values as buyer sentiment weakens. For many sectors of the market the expected falls will be relatively shallow and short lived, though we expect a two speed recovery with the equity rich prime markets outperforming the mainstream over the next five years”
Locally, at least 2 potential developments with farmhouses and barns with planning consent have attracted good interest but on the whole there is less property coming to the market and fewer buyers willing to commit at this time of year.
With property prices in a state of flux, albeit temporarily, buyers need professional advice more than ever.