Market Update

February 25, 2009 2:03 am
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Market Update

On the turn! That’s our view of the market for home sales. We have several key indicators that show that the market is set to recover soon! While the latest statistics say that Mortgage lending in January was its is its lowest level on record buyers are registering in larger numbers than we have seen for over a year and all of our offices are reporting that more sales are being agreed every week than we have seen since the middle of last year. Operations Director Jason Watkin confirmed that we are a long way off returning to the kind of volumes we experienced in 2007 but there is a real buzz within our sales teams at the moment, there are more leads for them to get their teeth into and at last they are encountering serious buyers who are happy to call the bottom of the market before the media. Angie Christie letting manager at the Sale Branch is coming across tenants who are thinking twice about renewing tenancies as they can can buy for less than the rent they are paying and some of them are just getting fed up of living in a property that they can’t call their own!

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