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Property market on the up? Where?

15/02/2010

If we hadn’t sold a property only 2 years ago I wouldn’t have any comparison to make but with a sale in a month and a move completed in 3 months I was under the illusion that it would be a walk in the park again this time round. After all, I keep seeing on the BBC news and reading in the national papers that property markets are starting to take off again.

Well, they’re not.

The area we live in is a desirable one. It’s on the commuter link to London, the estate is a quiet, well looked after area with amenities such as shops, local library, doctors surgery and Neighbourhood watch. The houses are all well-kept and the neighbours are friendly. Property here is usually snapped up in a click of the fingers. Five weeks it took my in-laws to sell their property last summer. So I cannot understand the delay this time round.

Admittedly we put our house up for sale in mid October and by the end of November, we knew it would quiten down whilst everyone prepared for Christmas. But we were told by the estate agents that January is one of the best months of the year for selling. So we too got on with organising our Christmas.

And since the beginning of the year it has been so very, very slow. The viewings in dribs and drabs, the offer – only one so far, way to low to be considered.

When I question the agents, they are hasty to reply they’re very busy at the moment. So either my property is awful (and they have assured me plenty of times that it is not the case) or they’re quieter but don’t want to let on.

We also went to have a look at another house over the weekend just in case we lose out on our first choice.

Every single room needs working on and the only thing I did like was the big kitchen with diner attached but you can’t buy a house on that just alone. The 3rd bedroom was off the 2nd, the bathroom suite was avocado (shudder) and there were cheap built wardrobes made out of chipboard in every room, painted to match the walls. A nightmare.

Robinson Michael Jackson, one of our agents, called and on their suggestion our property is now being sold with a price guide from £170 – £180, they hope it will attract more buyers and therefore more offers with hopefully a bidding war.

I see there’s a new moon this week and I hope that will change the current sorry state of affairs. I have more faith in that right now.

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2 Comments leave one →
  1. 16/02/2010 9:54 am

    umm, it’s hard to believe anything they say these days.

  2. 16/02/2010 2:59 pm

    It does make you wonder especially with the Ashley Cole/Vernon Kay/John Terry saga…how much is true and how much is gossip?

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