The days are getting longer, the weather is getting better and everything looks that little bit more green and pleasant. In keeping with the new growth trend, the property market continues its early year resurgence.
News reports both national and regional confirm a rise in sales activity for the third consecutive month with an expectation for this trend to continue. All of our offices have seen similar activity levels with the number of new properties to the market and sales agreed increasing month on month.
The Royal Institute of Chartered Surveyors has reported a leap in sales activity across the months of December, January and February which is also backed up by Rightmove statistics for all of our offices across the Furness area.
The news that the Bank of England Base Rate has been reduced to 0.25% also means that there will be attractive mortgage deals out there which will further drive the level of sales up. This and the fact that stock levels of available property are low due to the rapid turnover of newly instructed stock means that the average sale price of property has been improving too.
With Easter, traditionally thought to be the time to market your property for best results, fast approaching and all the signs pointing to a healthy and successful property market ahead, now is the time to look at marketing your property.
Why not contact us to take advantage of our no-obligation valuation service or our independent financial advice service.