HOUSING MARKET UPDATE – Spring 2023
Housing Market Confidence Returns – Buyers, it’s time to act!
Last week, there was more good news for aspiring home movers with the announcement that the economy is growing quicker than expected. Combine this with the stable mortgage market reported last month, and positivity is rippling through the residential streets of the Southeast.
Vince Hedges, Senior Partner comments, “As a leading estate agent, experience shows that demand is set to return to normal levels soon, so it’s important to get ahead and seek advice from your local agent asap. We’ve seen time and time again that it doesn’t take much for buyers to return to the market, and the choice of homes is suddenly scarce. So, you need to act now.”
The Robinson Jackson Group witnessed growing activity through February compared to January. Although it's a shorter month, more buyers registered, and more sales were agreed. Indeed, 3,500 viewings were arranged in just 28 days by the sales teams for our customers.
Thanks to an improved mortgage market and the government’s stamp duty holiday still in effect, there’s a renewed drive for people to move forward with their plans. But don’t just take our word for it. The prime minister himself has declared that “confidence is returning”, which can only mean good things for the housing market. It is clear that now is the time to take advantage of the rejuvenating market conditions.
Across the Robinson Jackson Group, we currently have more choice of homes available than we've had for over a decade. We're proud to offer a wide range of over 700 homes across our offices in London & Kent - From starter homes for first-time buyers to larger family properties and even bungalows for empty nesters. Our friendly sales teams are on hand to find your perfect home. With Independent Financial Advisers available at all our offices, we can also secure you the best mortgage deal.
Vince Hedges continues, "Speaking with my customers this week, they are enthused by the number of homes they can choose from and view at their pace. We haven't seen this for a while, as people often feel it's a bunfight amongst buyers. I predict pent-up demand will be released soon. The frustrations kick in because the choice of homes disappears overnight. So get in touch with us, and we can offer the best advice for moving home."
So, what are you waiting for? Take advantage of this fantastic opportunity to secure your new home today. Contact us, and let us help you make your housing dreams a reality! Please find our contact details for all our offices with a simple click.
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