UK market recovery
Seems to me that we still have the same problem that we have experienced for about as long as I can remember…. Huge demand and under supply…. Unfortunately this is now exacerbated by the fact that people believe they can pick up a bargain as it is a ‘buyers market’, therefore prospective sellers are reluctant to place their properties on the market for fear of having to take a hit on the price. And the result is less stock, huge demand and virtually no movement. So if buyers realise that they cannot obtain hugely discounted property, and sellers realise that we are not in a buyers market then we will be well on the way to recovery…. Here’s hoping!