Homes Estate Agents. November 2023 Property Market Update

Whilst buyers continue to adopt a cautious approach to purchasing their first or next home, the good news for them is that there is plenty of choice on the market for sale currently. The increased volume of available properties, coupled with higher mortgage rates and the general cost of living has meant that prices have continued to soften through the second half of 2023.

That said, there are many excellent quality and motivated purchasers out there who would rather secure their own long time financial security through home ownership rather than renting. Naturally, these serious buyers need to be temped by properties that offer good value for money, but the reassuring news is that our overall group year-to-date sales figures are only down by approximately 4% compared to 2022.

Considering the negative view of the housing market that many of the national publications like to portray, the reality is that it is not as bad as we are led to believe.

Our enthusiastic and proactive approach, together with real world experience of succeeding in a tough market is what sets Homes apart from many other agents.