Insights into the current property market

Yesterday I logged on in the morning, not really sure what to expect as with every day comes some more bad news and as we have experienced previously, uncertainty almost always has a negative impact on the property market. The good news is that overall this does not seem to be the case at the moment. There is no doubt that as the weeks progress this may change but for the time being it seems there is life in the market!

The past 24 hours have been so busy– I’ve been having a lot of great conversations with both sellers and buyers –naturally people are worried but after chatting it through they are not only feeling much more reassured but are also encouraged to hear at Gilson Gray we are putting measures in place to keep the market moving such as virtual viewings and valuations.

Since late yesterday afternoon I have agreed offers on five properties, I have set two closing dates for next week and I am hopeful of also setting a closing date in the next few days for a property which only went live two days ago. I also have a lot of buyers registered who are keen to make a move now but are finding there are just not enough properties available so if you are reading this and wondering whether or not people are still looking to buy – they are!

If we stay positive, productive and pro-active and keep having informed conversations with our buyers and sellers we will get through this and continue to help people move home with as little stress as possible.

If you are considering whether or not to list your property or would even just like to discuss the property market as it stands then do please give me a call. Likewise if you are a buyer and you are unsure whether or not now is a good time to buy then again call me – I would be delighted to have this conversation with you.

Finally please take care of yourself and stay safe.

The information and opinions contained in this blog are for information only. They are not intended to constitute advice and should not be relied upon or considered as a replacement for advice. Before acting on any of the information contained in this blog, please seek specific advice from Gilson Gray.

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