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๐Ÿคท‍โ™‚๏ธ I just don't get it!... Why are properties selling faster than EVER previously recorded?! DOUBLE THE SPEED compared to 'normal' market in 2019 and more than 50% achieving ABOVE ASKING PRICE?! ๐Ÿ˜ฒ

๐Ÿ— Key findings from Rightmove's latest HPI Report ๐Ÿ”:

โœ… April picks up where January, February and March left off, as the fourth month of the year proves to be even stronger than the first three ๐Ÿ’ช
โœ… FULL HOUSE! All regions and all market sectors reach new record price highs, for only the second time since 2007 (the only previous instance was in October last year) ♥♦♠♣๐Ÿƒ
โœ… The price of property coming to market hits a new record high for the THIRD consecutive month, up by 1.6% (+£5,537) to £360,101!! ๐Ÿ’ฐ
โœ… Month on month prices have risen by an average of 1.6% (+£5,537) and over the last three months by a WHOPPING £19,082 ๐Ÿ”
โœ… This figure is the largest three-month price increase that Rightmove has ever recorded ๐Ÿ’ฟ
โœ… Properties selling faster than EVER previously recorded, double the speed compared to this time in 2019 ๐ŸŽ
โœ… In 2019, an average sale took 67 days - it now stands at just 33 days! ๐Ÿšค
โœ… Plus... 53% of properties that sell are now selling at or over their final advertised asking price, the highest percentage EVER measured ๐Ÿš€
โœ… Having said all the above, the pace of price rises this year appears to be tailing off slightly as affordability constraints and economic headwinds combine - however, sustained price falls are unlikely ๐Ÿšซ

๐Ÿ“ฉ DOWNLOAD FULL REPORT HERE: https://www.rightmove.co.uk/news/content/uploads/2022/04/Rightmove-House-Price-Index-April-Final.pdf ๐Ÿ“ฉ


๐Ÿคท‍โ™€๏ธ With not enough property available on the market, there is STRONG buyer competition and therefore sellers are able to find high-paying buyers relatively easily ๐Ÿค

AGAGHH always so many buyers... Here are our TOP TIPS on how to be a SUPER BUYER and be Number 1 choice for Agents and sellers๐Ÿ’ช:

1๏ธโƒฃ Factor to bid above asking price ๐Ÿ“Š
2๏ธโƒฃ If you need to sell, make sure you have an offer accepted BEFORE searching your new home ๐Ÿค
3๏ธโƒฃ Or better still, be in a position where you don't have to sell to buy ๐Ÿ˜Š
4๏ธโƒฃ Have proof of your mortgage offer from DAY ONE ๐Ÿ“œ
5๏ธโƒฃ Still stuck? CONTACT US for the best advice! ๐Ÿ†˜

๐Ÿ™‹โ™€๏ธ ๐—›๐—ผ๐˜„ ๐—บ๐˜‚๐—ฐ๐—ต ๐˜„๐—ผ๐˜‚๐—น๐—ฑ ๐—ฎ ๐—ฏ๐˜‚๐˜†๐—ฒ๐—ฟ ๐—ฝ๐—ฎ๐˜† ๐—ณ๐—ผ๐—ฟ ๐˜†๐—ผ๐˜‚๐—ฟ ๐—ต๐—ผ๐˜‚๐˜€๐—ฒ ๐—ถ๐—ป ๐˜๐—ผ๐—ฑ๐—ฎ๐˜†'๐˜€ ๐—บ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜โ“ Get in touch with our CAVENDISH EXPERTS ๐Ÿฆน๐Ÿฆธ and we'll let you know ๐Ÿ‘

โ˜Ž๐Ÿ“ง๐Ÿ—จ

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Cavendish Residential Lettings Agency and Estate Agency in Nottingham

Posted 26 April 2022
by Ali Baylav Managing Director Cavendish Residential

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