Will prices go up, down or remain static?
Manning Stainton, says that changes have already begun and adds: “As we enter what is often considered the second busy period of the year for the property market, there is undoubtedly a change in the mood amongst buyers, sellers, landlords and tenants.
“In fact, what we see presently in the numbers of buyers and tenants starting their search is a market that has returned to more normalised levels of interest.“Gone,albeit not all together, are the ferocious bidding wars and huge waiting lists to view property and back instead are buyers taking a more discerning approach to the market.
areas, and says: “In the areas I cover I can’t see there being any major problem with the market, not least because they don’t make period homes anymore and the market for properties over £500,000 is strong with buyers from Yorkshire, London and abroad“Prices are levelling out everywhere but I don’t think they will slip. The message to sellers is to be realistic with asking prices and don’t be tempted by agents who overvalue or you will come unstuck.
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