Where are all the instructions?

Posted on Friday, May 11, 2018

Houses are selling FAST!  

The current housing market is a strange one.   There are buyers desperate to buy but very little on the market for them to look at.  We have rearely seen a stock shortage like this in recent memory and we don't really know why.

The economy is doing well as far as we can tell and 'Brexit' does not really appear to be having much of a negative impact on peoples thoughts.  So why are home owner so reluctant to put there house on the market ?

Houses when they do come on the market are selling sometimes within hours, let alone days or weeks and this is shooting the prices up.  The biggest market is the three bedroom semi.  The shear numbers of desperate buyers for a property such as a three bedroom Mucklow built semi detached house in an area such as Hasbury or Pedmore is incredible.  When they do come on the asking price is becoming alarmingly high and they are selling quickly with gazumping becoming a real problem for buyers.

The sitaution is great if you are selling but not so good, obviously,  if you are buying and generally speaking most people are doing both so it's a bit of a double edged sword.

People of Great Britain if you are thinking of selling, stop thinking and do it!  The more people say they don't want to put their house on the market because they can't find anything the less houses there will be and the more the prices shoot up.   

The housing market needs more stock....SO PLEASE....... SELL.....SELL...... SELL