The housing market has been waiting anxiously for more houses to come on to the market and the start of 2023 has brought all our wishes to life! With that the housing market is moving along much better than some analysts were predicting at the end of last year. The mortgage market has definitely calmed down, albeit with higher interest rates and also rates that we are now likely to see for a while give or take some minor movements throughout the year. Some might even say that this is more representative of a “normal” marketplace, it’s just that we haven’t seen it like this since 2019 and it is very easy to forget how the market usually looks like.
But ultimately it has brought a sense of calm to the market. That calmness shouldn’t be mistaken for a property crash though! Some prices may find themselves readjusting but there isn’t currently any signs of any major changes. It has been a steady start to the year for agents. Even though properties may be taking longer to sell than last year and viewing numbers are down across the board, sales are still being agreed and completions taking place, just Indigo Greens alone are 25% up on the same period last year!
If you are thinking of buying a home this year, it is definitely worth spending time getting to know the agents, get on their radar as being a good and proactive buyer. If they send you an email over of a property, send a quick little reply and maybe some feedback on what your thoughts are to the property. Is there a genuine reason that they’ve sent it to you? The more feedback you are able to provide to the agent then the more it helps them find the right house for you and to help you from missing out on your dream home.
To register to look to buy a home with Indigo Greens just call us or email us with your search criteria and we can start looking at what is suitable and what is not! We look forward to speaking to you soon!”
Written by Simon
