Home Sale Network Shows an Increase in Property Sales

The weather may not have been perfect this summer, but at least Home Sale Network – a national estate agency organisation – has found some good news for buyers and sellers. According to a recent survey, property sales and buyer enquiries have increased over the summer months, when compared to the same time last year.

The majority of Network respondents (a staggering 87%) saw up to a 20% increase in property sales and buyer enquiries during this year’s summer months compared to summer 2011. So if you’re looking to enter the market, now may be the right time to do so as activity appears to be increasing.

 However, the market continues to present challenges, with mortgages presenting the two biggest influences according to Home Sale Network. Nearly half (47%) of respondents indicated that a lack of mortgage availability was the biggest challenge in preventing more buyers from entering the market. An additional 40% stated that it was the lack of a mortgage deposit that’s preventing more people from entering the market.

Dan Crawley MNAEA

Director – Residential

 

ALDREDS PROPERTY CONSULTANTS LTD

116a High Street

Gorleston

Great Yarmouth

Norfolk NR31 6RE

Tel:  01493 664600   

Fax: 01493 443688

 

Share
This entry was posted in Norfolk, Suffolk. Bookmark the permalink.

Leave a Reply