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✅ The price of property coming to market drops by an average of -0.6% (-£2,044) compared to last month đŸ”»
✅ That's the largest monthly fall since January’s -0.9% đŸ”»
✅ In the East Midlands, we are up down -2.2% on last month taking our average asking price £261,311 đŸ”»
✅ December is traditionally the quietest month for buyer activity 😮
✅ However, this softening of prices only expected to last until Christmas, a small window of opportunity for bargain hunters before the traditional Boxing Day buyer resurgence 🏎
✅ The number of people browsing properties on Rightmove on Boxing Day last year was over 50% higher than the previous year 👀
✅ Over 51 million visits to Rightmove between Boxing Day and the first working day of the New Year! 👹‍👹‍👩‍👩👹‍👹‍👧‍👩👹‍👹‍👧‍👧
✅ This increase in buyer activity is likely to push prices higher again ☝
✅ Available stock still at low levels (46 listings per agency compared to 66 this time last year) 🏡
✅ This is expected to rise sharply as home-owners are starting the process of getting their homes ready to sell straight after Christmas 🎄
✅ Nationwide, the average time for property to be marked SOLD is 36 days (East Midlands = 33 days) - which is a whole month faster than in February 2020 before the pandemic hit ⚡

💬 Timothy Bannister from Rightmove: "In the current market, it’s a real advantage to be a “power buyer”, and have already sold your current home when looking for somewhere to buy" đŸ€

How to become a POWER BUYER!! đŸ’Ș

1ïžâƒŁ Factor to bid above asking price 📊
2ïžâƒŁ If you need to sell, make sure you have an offer accepted BEFORE searching your new home đŸ€
3ïžâƒŁ Or better still, be in a position where you don't have to sell to buy 😊
4ïžâƒŁ Have proof of your mortgage offer from DAY ONE 📜

DOWNLOAD FULL REPORT HERE: https://www.rightmove.co.uk/news/content/uploads/2021/11/Rightmove-House-Price-Index-15th-November-FINAL-1.pdf 

đŸ™‹â™€ïž đ—›đ—Œđ˜„ đ—șđ˜‚đ—°đ—” đ˜„đ—Œđ˜‚đ—čđ—± 𝗼 𝗯𝘂𝘆đ—Č𝗿 đ—œđ—źđ˜† đ—łđ—Œđ—ż đ˜†đ—Œđ˜‚đ—ż đ—”đ—Œđ˜‚đ˜€đ—Č đ—¶đ—» đ˜đ—Œđ—±đ—źđ˜†'𝘀 đ—ș𝗼𝗿𝗾đ—Č𝘁❓ Contact our EXPERTS đŸŠč🩾 and we'll let you know 👍


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Cavendish Residential Lettings Agency and Estate Agency in Nottingham

Posted 16 November 2021
by Ali Baylav Managing Director Cavendish Residential

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