Spring is well known for being a busy time for the property market, and this year looks set to be no different, with the number of homes currently for sale at a decade high, according to findings from Rightmove.
At Braxton, we've certainly seen the effects of this trend in recent weeks, as stock levels have grown considerably, particularly in the higher-end of the market, where coincidentally much of the interest from would-be-buyers is also directed.
Given the benefit of choice this current market is affording, house prices look set to remain relatively stable in the coming months, although we expect that the number of sales being agreed will continue along its current trajectory (up 5% from last year), with positive ripple effects for overall market health.
This shift towards a ‘buyer’s market’ is being spurred, in part, by lower interest rates and average earnings growth, and if further mortgage rate cuts come to fruition (as is being predicted) then the likelihood is that a more balanced market - propped up by heightened buyer sentiment - will set the tone for the summer selling season to come.
Among the properties newly listed this week, is the below five bedroom, detached family home, which is located in the popular River Area of Maidenhead.
This four bedroom detached family home is also new to the market.
This extended and refurbished property, which is within walking distance to the River Thames, is also now available to buy. Click here for more details.
For more details on the above properties, or to register for similar listings, please contact a member of the Braxton team on 01628 674234, or email property@braxtons.co.uk