Turning to the Autumn Property Market

Posted 13 August 2000 by Neil Moore

Neil, our Managing Director comments on the current property market:

I think anyone who is predicting what is going to happen in the Autumn property market is shooting in the dark a little.  As I write this riots in our Cities are calming and the stock market is as unpredictable as it has ever been. The Eurozone is pumping money into failing economies and President Obama is wiping his brow from his most recent battle with his government. Yet strangely the Sussex property market seems to be very resilient.

The continued demand for good quality homes is strong, buyers are driving a hard bargain but many of them are in a position to proceed and can move quickly if they find their dream home. I feel that the lack of supply of good quality homes is driving demand but this does not mean that vendors can name their price, far from it, realistic marketing prices attract interest and this then achieves quick sales.

Selling a house today relies on innovative marketing methods, the Autumn market will be challenging, therefore it will be important to attract buyers to the area (no riots here I hope!) by extolling the many selling benefits of a fine property and its’ surroundings. For those people wanting to move if they feel secure in jobs and have the capacity to ‘gear up’ then now is the time to buy with long term low interest rates now on the horizon and property being a safe haven in the long term I think it will make for an exciting Autumn - “Bring it on!”. 

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