The next 6 weeks in the Central Beds property market.
Ever wondered when is the best time to sell your home? With the hopes of a new home to celebrate Christmas the market usually has it's final buzz of excitement over the next 6 weeks. My latest blog is all about capitalising on this expected rush of buyers before the predicted Christmas slowdown.
I feel it is the right time to have a heart-to-heart chat with you about what's been happening in the property market lately, and what lies ahead for the rest of this summer. These past couple of weeks in August have been a bit challenging, to be honest. The buyer activity has been quieter than we'd hoped, with not many folks coming to see properties, and even fewer offers and sales being made across Central Bedfordshire. But you know, as we enter the school holiday season, things can take a bit of a breather.
If you've been noticing the empty roads lately, it's a clear sign that many families have decided to take some time off for a well-deserved holiday. And who can blame them? The allure of sun-soaked destinations is strong, and it's a special time to create cherished memories with loved ones.
But here's the heartening part – a shift is in the air. Have you noticed the change this week? It's like a fresh breeze sweeping through. The roads are gradually becoming busier, friends and family are returning from their holidays and more people are out and about, checking out properties. Some are even returning for a second or third viewing. These little sparks of renewed interest might just be the beginning of something promising. Could it be a sign of better days for the market?
Now, before we get ahead of ourselves, let's take a closer look. My gut feeling tells me that this upswing in interest is partly because the initial weeks of the school break were a bit quiet. You see, those who were basking in the sun somewhere still have their hearts set on moving. After all, a new home is a big dream, and a holiday won't stand in the way of that. However, I want to be honest – this might not signal an abrupt turnaround from the effects of those pesky interest rate hikes and the rising cost of living. But don't lose hope; there's something valuable here.
Let's talk about making the most of this wave of interest. Now's the golden moment to seize the opportunity with both hands. I genuinely believe that August will unfold with increased activity, and this energy will carry through September. If you've been contemplating selling your property and you're not yet on the market, now's your chance to shine. As long as your asking price is in sync with the current market flow, you could attract more attention and discover the perfect buyer who aligns with your timeline.
For those who are already on the market, this is a crucial time for a chat with your agent. Maybe a little makeover for your property's photos can give it that fresh allure – like presenting a new chapter to potential buyers. If viewings haven't been quite up to your expectations, it's a smart move to discuss whether your pricing matches the current vibe of the market. Sometimes a small tweak can make all the difference.
But what about the journey ahead? Let's peek into October and beyond. Traditionally, as October creeps in, some folks start feeling like they've missed the "move before Christmas" window. They put their plans on hold till the New Year, leading to a pre-Christmas slowdown. And guess what? This often leads to a dip in the property market as demand decreases. So, here's where our time to act shines even brighter.
If the thought of selling your property has been lingering in your mind, now's the moment to heed that intuition. Why wait and face the anticipated slump when there's an influx of eager buyers expected in the next 6-8 weeks? Remember, the value of your property is like a paper trail – it goes up and down on the page but only becomes real money when you decide to sell and cash in. Yes, we've seen property values soar in the past, and we've seen them adjust. But that's the nature of the game.
So, whether you're considering a new chapter or are simply curious about your property's worth, I'm here to talk. Feel free to reach out to me at 01525 713111 or drop an email at stuart@lovehomes.uk. Let's chat, let's navigate this together, and let's make informed decisions that fill our lives with new adventures.