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🏡 Moving home?... Here's what to expect in 2022 🔼

➡ First thing's for sure, you can expect more stock to choose from! 👍
➡ Already we are starting to see more available properties 🔍
➡ On Boxing Day, Rightmove recorded the highest number of new sellers EVER! (up 21% compared to Boxing Day the year before) 🎊
➡ PLUS... 30th December saw the busiest day since May 2021 for people requesting Estate Agents to come out and value their home 📋
➡ It was also one of the Top 10 busiest EVER days for these valuation requests on Rightmove đŸ„‡
➡ Buyer demand has also remained high, so the 2022 housing market will continue to be competitive đŸ„Š
➡ See something you like the look of, book a viewing straight away! 🏃‍â™‚ïžđŸƒ‍♀
➡ For 2022, expect average asking prices to rise 📈
➡ Currently, average national price is £342,401 – Rightmove predicts this will rise by 5% this year - an increase of about £17,000 💰
➡ Why? Because there are still more buyers than sellers - the imbalance continues to push prices up đŸ’č
➡ In 2022, we are expecting buyer search areas to expand by an average of 20 miles đŸ—ș
➡ People are now more willing to live further from their workplace and have a longer commute on office days 🌳
➡ Bigger homes and more space have become far more important than a shorter commute â˜ș
➡ Even though search areas are expanding, buyer demand for homes in and around major cities is on the up way faster than many anticipated (enquiries returning towards pre-pandemic levels) 🔍

➡ Expect more rental homes to be available this year 👍
➡ Last year's staycation boom meant some Landlords moved their properties into short-lets đŸœ
➡ And most Tenants chose to renew their lease for another year as rents increased at the fastest rate ever recorded 🛑
➡ We anticipate more certainty with employment rates remaining stable since the end of Furlough, which will give renters more confidence to move this year 🚩

🙋‍♀ If you're looking to move in 2022, contact our EXPERT TEAM for the BEST ADVICE đŸŠč‍â™€ïžđŸŠž‍♂


#cavendishexperts #estateagents #lettingagents #propertymanagement #realestate #landlords #propertyinvestment #lettings #lettingagent #lettingsagency #estateagent #housing #propertyprofessionals #estateagency #propertyportfolio #propertysourcing #landlord #tenant #propertyinvestors #propertymarket #buytolet #letting #propertynews #investinproperty #propertyinvesting Timothy Bannister

Latest from Cavendish Residential Estate Agency and Property Lettings in Nottingham

Posted 18 January 2022
by Ali Baylav Managing Director Cavendish Residential

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