3/01/2012

HAPPY NEW YEAR..........

Well, 2011 is over and it's now time to do it all over again!!  I always look upon every year with optimism and, in spite of some gloomy economic predictions, believe that the housing market will continue its steady recovery.

Last year, our completed sales improved by 16%,  this continuing the trend of the previous 2 years. Prices appear to have stabilised although high value homes (over £300K) may still need to be more competitive to attract any interest. The current stock levels are low, however these should improve in the early part of 2012, but I would not expect property to be flooding the market.

Renting may be the only realistic option for many young people; this has meant that our Lettings department remains very busy, with availability been very limited. Most properties under £700 pcm are finding tenants within the first 3-4 weeks,and average tenanacy terms are getting longer. If you are considering renting your home, remember the vast majority of tenants look after the property and pay rent on time; unfortunately we only seem to hear the 'bad news' stories!!

Wishing you all a prosperous 2012.

Any property related queries? Drop us a line at enquiries@robinsonhornsby.co.uk