Property searches often spike in January
Having enjoyed time with loved ones, lots of food and drink, films, and festivities, the time to start searching for a new home now begins. January is traditionally an off-peak time for property sales, but perhaps for this reason, more and more potential buyers start searching in the hope of finding a bargain.
Housing markets differ from county to county and from postcode to postcode. Some regions enjoy constant demand. If there is an area you are interested in, there is a chance that January after the lull of Christmas can give you a chance of securing your ideal home before the rush of summer!
There are some good deals to be had
The secret is out, and it’s not just buyers seeking a great deal. Sellers are realising that getting an early start is a good way to get ahead of the competition before the summer rush. Getting an offer accepted for a little less than you anticipated is always a nice feeling, and it will give you a little more budget for decorating or renovations.
Houses re-entering the market in 2023
Many predict that house prices will fall during 2023. With this in mind, many sellers have been busy preparing their homes for the market in 2022, knowing they were too busy relaxing over Christmas.
A considered approach
Though the housing market is still dealing with the hike in interest rates, the low supply of houses on the market compared with the number of buyers means the market remains buoyant. With interest rates stabilising, many buyers are taking the long-term view that house prices will begin to climb again in the next five years. The slowdown also gives buyers and sellers a little more time to take a more considered approach when making their choices. After all, if you are selling, you are most likely moving, which also makes you a buyer.
A nice way to relax
Christmas might be over, but it’s still cold outside. A nice way to spend an evening is to sit by the fire and do a property search online. You have access to everything from simple starter homes to your dream home. So enjoy your property search and make it a pleasant experience for you and your partner. Inspiration may come from all sources in the hunt for your new home, and it will find you as it leaps from the screen as soon as you set eyes upon it!
New homes
There are many new and exciting developments underway and due for completion this year. Buyers have a good choice of options with low deposits and energy-efficient homes, whether a property is finished, or you want to pre-reserve it. As these homes sell, they also help stabilise the market. This is good news for home movers, as it helps reduce surges in demand and rapidly inflated prices.
Don’t forget to get in touch
With so many potential buyers searching for their new home in January, the sooner your property goes online the better, then buyers can start looking. If you have prepared your house well, or even if that is something you have chosen not to do, the more people that view it, the more likely you are to sell.
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