Property News
December Market Update
We predict a very busy December in terms of buyer and seller activity over the coming weeks. There is so much pent-up demand that is just waiting to be unleashed following months of Brexit-related frustration. D-Day will be Friday 13th December – the day when we will wake up to an election result which, whatever the outcome, will put us out of our misery.
Most prospective sellers who have taken a “wait and see” attitude will by then be straining at the leash to get moving and will want to ensure their property is on the market in time for what we expect to be a record number of buyers browsing the portals and agents’ websites. Boxing Day is usually the busiest day of the year for property portal activity, but this year could be extraordinary.
This is primarily because all the usual economic indicators, such as employment rates, interest rates, inflation etc are looking very favourable, and have been for some time. The only recent dampener has been the election, following months of Brexit confusion. With that behind us, whatever the future for Britain in Europe, life goes on. People are fed up with waiting and many sellers who might otherwise wait until spring (seldom a good idea) are now expected to bring their sale forward to take advantage of the surge. This will also have the effect of putting them in a good buying position themselves, with a greater choice of stock, in the New Year.
2019 has been a bumpy ride for us all, whatever your view on Brexit. Nevertheless, we have maintained some remarkably good sales figures as we have knuckled down and focussed on what we do best – help people move.
It looks like house prices will hold steady next year, with gentle upward pressure, which is a healthy situation which responsible agents will embrace by focussing on sales rather than simply attracting overpriced stock.
If you’d like to take advantage of the opportunities of the moment, then please feel free to call us on 03330 430090 or pop into one of our local offices for a chat.
Peter Ryder
Managing Director
Thorntons Property
News Index
- December 2019
- 9 December Market Update
- November 2019
- 18 November Market Comment4 “Timing Your Sale for the Market”
- October 2019
- 21 Lighting Up14 October Market Comment
- September 2019
- 23 September Market Comment9 Showing Buyers Your Property
- August 2019
- 27 “What About The Children?” 12 Is it worth extending?
- July 2019
- 29 Courteous Buyer15 Alarming News!1 Local staff, local knowledge
- June 2019
- 3 “A Feeling of Space”
- May 2019
- 13 Seven Days6 Working with Builders
- April 2019
- 27 “What Does Viewing Feedback Really Mean?”15 The Right People1 “Old Money’s Influence”
- March 2019
- 4 Property Market Update
- February 2019
- 21 Thorntons raise £62,000 for Cash for Kids16 Moving Distance5 A Grand Entrance
- January 2019
- 28 “Home”5 2019 - The Year Ahead.
- December 2018
- 10 “Home”
- November 2018
- 19 Buying on Instinct
- October 2018
- 22 “The Power of Information”3 “Should I, Shouldn’t I?”
- September 2018
- 17 Other Forces11 Act Now for a Xmas Move. 3 Supporting the Fun-Fuelled Club
- August 2018
- 31 Market Comment13 “Plans for a Successful Sale”2 Interest Rate Rise Aug 2018 - Market Comment
- July 2018
- 24 “Ten Branches - Our Secret Weapon”
- June 2018
- 17 “Why Use An Estate Agent At All?”2 The Skilled Agent
- May 2018
- 14 “Waiting in Hope?”7 “A Question of Preference”
- April 2018
- 16 “Buying an Unmodernised Property”
- March 2018
- 19 “Will the Internet Replace Estate Agents?”
- February 2018
- 26 “Quick Tips to Maximise your Sale”5 “Identity Caution When Moving House”
- January 2018
- 22 “How Long Has It Been On The Market?”8 “Valuation Versus Value”
- December 2017
- 28 “How Many Should We See?”4 “Optimising Your Saleability”
- November 2017
- 20 “This year - Don’t wait till Spring!”13 “Defects And Disputes – Should I Disclose Them?”2 The first interest rate rise in a decade
- October 2017
- 16 “Selling Tips for Autumn”1 “Might Sell, Might Not!”
- September 2017
- 25 “Prepare to Paint”16 “Ask the Expert!”
- August 2017
- 13 “Making Moving Easier”
- July 2017
- 31 “Working from Home”24 “Something to Shout About” 16 “The Kitchen is the Heart of the Home”
- June 2017
- 26 “Improvements – Are They Worth It?”21 “Location, Location”10 Agents’ Skills in Demand
- May 2017
- 22 “Deciding on Price” (Part Two)10 “Deciding On Price” (Part One)
- April 2017
- 24 “Advertising for Results” 17 “Should We Accept The Offer?”11 “Put your back into it”1 “Who’s Choosing Your Home?”
- March 2017
- 20 “Hit The Road”13 “Catch 22 –Should I Sell First or Buy?”6 “Working In Partnership with your Estate Agent”
- February 2017
- 27 FEB REPORT - “Slow Growth with Strong Demand”20 “Why Overpricing May Leave You Out Of Pocket”13 “Cupid the Estate Agent?”7 “How Long Has It Been On The Market?”
- January 2017
- 29 Market report – January 201717 “Valuation Versus Value”8 “How Many Should We See?”
- December 2016
- 17 “Should Your House Have Sold By Now?”5 “Removal Planning”
- November 2016
- 27 “A Winter’s Sale?”21 “Distorted Opinions?”14 “The Advertising Myth”7 “A Move by Christmas?”
- October 2016
- 31 “Finding the Right Property”17 “Relative Values”
- September 2016
- 26 “It’s Not Just About Selling”19 A Proactive Approach Essential5 Avoid Virtual Tours
- August 2016
- 29 How Serious is my Buyer?22 Clutter Costs !15 The Feelgood Factor8 The Agent you Prefer - at the Right Price
- July 2016
- 30 First Impressions25 Choosing Your Solicitor18 Should I Sell During the Summer Holidays?1 What does Brexit mean for the Scottish property market
- June 2016
- 17 Top tips for viewing properties like a pro17 5 methods for improving your kerb appeal17 Tips for saving for a deposit
- May 2016
- 30 Property perfect move for Natalie
- January 2016
- 29 Thorntons Top after ESPC Mystery Shop
- December 2015
- 22 Increased buyer demand will drive house prices up during 201620 Property solicitor gives local food bank a boost15 Second home levy will boost Dundee property market
- November 2015
- 11 Unique opportunity to buy a stunning new home in an award-winning development in St Andrews
- September 2015
- 16 Tayside property specialists lead the way in boom time