So... How are HOUSE SALES performing? HOLD ON TO YOUR ๐๐๐ฉ๐ค ... Plus... How can I get ahead of all the buyers in the market? Read below for advice on how to beat off the competition ๐โ๏ธ๐โ๏ธ
๐ Key findings from Rightmove's latest HPI Report ๐:
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February picks up where January left off, as the second month of the year proves to be even stronger than the first ๐ช
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Price of property coming to market rises by 2.3% this month (+£7,785) to a record of £348,804, the biggest monthly jump in pounds recorded by Rightmove in more than twenty years! ๐ฏ
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This new record means that average asking prices have now risen by nearly £40,000 in the two years since the pandemic started, compared to just over £9,000 in the previous two years ๐ฒ
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Prices are now 9.5% higher than a year ago, the highest annual rate of growth since September 2014 ๐
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The East Midlands is up 13.3% on last year! ๐ฉ๐
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More potential buyers are sending enquiries to agents, with the number 16% higher than this time last year ๐
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Market is still short of available stock, but valutaion requests and new listings are both up 11% compared to the same period last year ๐ก
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LOOK OUT MARCH! ๐
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Historic data shows March is historically the strongest time to sell, with the highest number of buyer enquiries ๐
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Next month, we are expecting stronger buyer competition resulting in quicker sales at even higher prices ๐ฐ
๐ฉ DOWNLOAD FULL REPORT HERE: https://www.rightmove.co.uk/news/content/uploads/2022/02/Rightmove-House-Price-Index-21st-February-Final.pdf ๐ฉ
AGAGHH always so much buyers... Here are our TOP TIPS on how to be a SUPER BUYER and be Number 1 choice for Agents and sellers๐ช:
1๏ธโฃ Factor to bid above asking price ๐
2๏ธโฃ If you need to sell, make sure you have an offer accepted BEFORE searching your new home ๐ค
3๏ธโฃ Or better still, be in a position where you don't have to sell to buy ๐
4๏ธโฃ Have proof of your mortgage offer from DAY ONE ๐
5๏ธโฃ Still stuck? CONTACT US for the best advice!
๐โ๏ธ ๐๐ผ๐ ๐บ๐๐ฐ๐ต ๐๐ผ๐๐น๐ฑ ๐ฎ ๐ฏ๐๐๐ฒ๐ฟ ๐ฝ๐ฎ๐ ๐ณ๐ผ๐ฟ ๐๐ผ๐๐ฟ ๐ต๐ผ๐๐๐ฒ ๐ถ๐ป ๐๐ผ๐ฑ๐ฎ๐'๐ ๐บ๐ฎ๐ฟ๐ธ๐ฒ๐โ Get in touch with our CAVENDISH EXPERTS ๐ฆน๐ฆธ and we'll let you know ๐
โ๐ง๐จ
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Cavendish Residential - Lettings and Estate Agent in Nottingham City Centre!

Posted 24 February 2022
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