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Mid Year Market Report

MID YEAR MARKET REPORT - THE FACTS



Starting with getting 'doom and gloom' and 'speculation' off the agenda for the first time in two years, Robinson-Jackson's 30 branch and department estate agency group report achieving better sales and higher sale prices month on month this year.

'That,' Peter Jackson observes, 'is great news for vendors and a wake up call for first time buyers and vendors wondering whether to move to a bigger, better home.

'We've sold around £280,000,000 worth of property in the first six months of 2009 and that's a really active property market in anyone's eyes.

A landmark for the Group was our Gravesend office making 40 quality sales in June alone. Again, that's great business and puts us right back to where we were two years ago. A big feature of the current market is the re-emergence of the truly quality sale, as it used to be, pre-sub prime mortgages and such nonsense caused by ridiculous 125% mortgages. For any property listed by us we now have a good fully qualified buyer with a mortgage arranged in principle. What we sell proceeds through to completion, largely without a hitch. It really is great news for buyer and seller alike.

With the added clear evidence that most house prices in our area have slowly been rising by around £2,000 month on month for the past four months, we unreservedly conclude we are now well past the bottom of the market,' concludes Jackson.

Alan Robinson adds 'What we are literally crying out for right now is the opportunity to increase the number of free valuations we go to each month. It's a fact, vendors are more than surprised by the up to date mid 2009 value of their home which instils enthusiasm and certainty to find that next and in many cases essential new home'.

'We're great believers in providing the best service in our fantastic high street branches, as we have continually done over the last 40 years all of which are open 9am-7pm, seven days a week.

'We also believe in asking for business and now's the time to ask, with one of the clearest messages we've ever publicised - Robinson-Jackson needs at least 250 properties every week to satisfy current buyer demand. Please call us now for a free valuation', concludes Robinson.

Robinson-Jackson have 30 branches and departments from Lewisham in SE London, throughout North Kent to Sittingbourne. Within the Group Robinson-Jackson handle sales, lettings, mortgages, HIPs, conveyancing and removals, all under their one roof.

Contact your local branch to find out how we can help get you moving!


30th July 2009
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