đŠ EARLY-BIRD SELLERS benefit from BUSIEST START to NEW YEAR đđŸđ„đđđ DOWNLOAD FULL REPORT BELOW đ©
đ Key findings from Rightmove's latest HPI Report đ:
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Asking prices traditionally see a rise in January, The average price of property coming to market rises by 0.3% this month (+£852), to £341,019 đ
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National average asking prices are now 7.6% higher than this time last year, an annual rate of growth not seen by Rightmove since the 8.3% recorded back in May 2016 â
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The East Midlands is up 10.4% on last year! đ
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The jump in average asking prices is driven by homes in the ”Top of the Ladder” and “First-time Buyer” sectors, with First-time Buyer type homes hitting a new record average asking price of £214,176 đ
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WE NEED MORE STOCK!! The number of homes available for sale per estate agency branch has hit another record low of 12 properties, down by two from last month đ»
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The few homes that are on the market continue to be snapped up at speed by determined buyers, with the average time to find a buyer in December 2021 being more than two weeks quicker than in the same period the previous year đ€
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Buyer competition remains strong with 15% more enquiries than at the same time last year đ
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Overall buyer interest is almost double start of 2021 (which itself was an active market) đđ
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As a result, more than 70% of the properties online have already been sold, leaving less than 30% still available to buy đ€·âïž
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Early signs of of more property choice coming to market soon as first working week was the busiest ever opening to a year for home valuation requests (up 44% compared to same period last year) đž
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And... first working day (4th January) saw fifth-highest number of valuation requests in a single day that Rightmove has ever recorded âĄ
đ© DOWNLOAD FULL REPORT HERE: https://www.rightmove.co.uk/news/content/uploads/2022/01/Rightmove-House-Price-Index-17th-January-FINAL.pdf đ©
TOP TIPS on how to be a POWER BUYER and beat the competition!! đȘ
1ïžâŁ Factor to bid above asking price đ
2ïžâŁ If you need to sell, make sure you have an offer accepted BEFORE searching your new home đ€
3ïžâŁ Or better still, be in a position where you don't have to sell to buy đ
4ïžâŁ Have proof of your mortgage offer from DAY ONE đ
5ïžâŁ Still stuck? CONTACT US for the best advice!
đâïž đđŒđ đșđđ°đ” đđŒđđčđ± đź đŻđđđČđż đœđźđ đłđŒđż đđŒđđż đ”đŒđđđČ đ¶đ» đđŒđ±đźđ'đ đșđźđżđžđČđâ Get i touch with our CAVENDISH EXPERTS đŠč𩾠and we'll let you know đ
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Cavendish Residential Lettings Agency and Estate Agency in Nottingham

Posted 01 February 2022
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