Last year, we saw the property market soar despite the pandemic, but with the expected high demand for homes, projected low mortgage rates and more tenants eager to become homeowners, it isn’t looking likely to slow down.
Demand remains strong as we head into the new year, meaning now could be the ideal time to put your home on the market.
Why is now a good time to sell?
1) Listing your home in January means you are ahead of the competition. As in spring and summer, the market becomes much more competitive.
2) During January, there is typically a low supply of houses, but always plenty of buyers.
3) The new year property market usually consists of two types of keen applicants; first-time buyers and those re-entering the market after the previous year.
4) With many households putting off their plans until after Christmas, homeowners have had plenty of time to re-examine their current living situations and make changes.
If you want to consider a fresh start in 2021 with a new place to call home, start the process now with Ashton Estate Agents, so you can plan your property market strategy and be ready for the expected surge in buyer interest.