Nobody likes someone who says “I told you so…” but it is always gratifying from a professional point of view to know that you were right. At the beginning of March in an article in the Argus the team at Cheshire and Co were not only celebrating a first year in business in Pontnewydd but were also quietly confident that there was a very gradual upturn in activity in the property market. Fast forward 6 weeks to an article in the Daily Telegraph on 10 April where it was reported that across the country estate agents were “reporting increases rather than decreases in demand”. A report from the Royal Institute of Chartered Surveyors reported the highest reading of house sales for almost two years with a notable rise in the number of new buyer enquiries. We can bear this out at Cheshire and Co but would still sound a word of warning to those taking a step into the property market. Vendors must not confuse an increase in enquiries with an automatic increase in house prices-just because more people are looking does not mean that your house is worth more-what it does mean is that you have a better chance of selling it.
The team here have noted that more proceedable buyers are registering with us-with the aim of buying a property – but we would urge vendors to be sensible in their expectations of what their house will actually sell for.
Any move in to the property market is fraught with potential pitfalls – even if the market is slowly coming to life again. The team here at Cheshire and Co would be delighted to meet both potential buyers and sellers in order to provide expert advice on any query an individual may have. Buying or selling a house is stressful, but we aim through over 60 years combined experience to minimise the stress. To speak to one of the team please ring 01633 86 90 86