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 currently 20% higher than the same time last year.
At Braxton, we've certainly seen the effects of this trend in recent weeks as stock levels have grown considerably, and 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, and we can expect that the number of sales being agreed will continue along its current trajectory, 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 three/four bedroom, detached family home, which is located in the Newlands School catchment.
Also new to the market is this three bedroom property on the sought-after Windsor Road.
Also, we have a rare opportunity to acquire this delighful extended three bedroom detached bungalow in a favourable corner plot position.
Last, but not least, we have a brand new end of terrace home built by award winning developer Shanly Homes. in the quiet village of White Waltham.
For more details on any of the above properties, or to register for similar listings, contact Braxton on 01628 674234 or email property@braxtons.co.uk.