The days are getting longer, the weather’s warming up, the garden is in full bloom – it’s no surprise that spring is one of the busiest times of the year for the property market. Here’s five reasons why you should make your next property purchase in spring…
Further to last week’s comment that “the timing is right”, there is no question in my mind that spring is a great time to take action. Psychologically we southerners tend to come out of hibernation after winter, embrace the warmer weather and longer days, and begin planning for the summer and holiday season. It is my belief that more than ever Cantabrians are doing everything within their power and ability to reclaim as much normality back into their lifestyles as possible. What better way of doing this than engaging in the buying and selling of real estate? It’s a great way for a fresh start.
Some, of course, have no choice and simply find themselves in a position of having to buy to replace their broken homes, while others clearly just want to move on. The feedback that we are receiving in the marketplace is that there is a real momentum building and buyers are very active. Sales volume is definitely on the increase and understandably there is an upward pressure on property values.
For those with homes in the green zones that have not suffered major damage, the timing is ideal to engage in an active marketing campaign to flush out this positive market interest. The real positive is that it is not unreasonable to expect a favourable result. Frequently we are finding the sold result is above the expectation of those selling, known as the “Harcourts factor”, where we achieve higher sales values through greater competition amongst buyers.
Once again if you are considering your next move, be sure to contact me today – we could have you in that new home in no time!
Enjoy the fervor of spring!