Summer sees buyers and sales increase

Summer sees buyers and sales increase

The weather may not have been perfect this summer, but at least Home Sale Network – a national estate agency organisation – has found some good news for buyers and sellers. According to a recent survey, property sales and buyer enquiries have increased over the summer months, when compared to the same time last year.

The majority of Network respondents (a staggering 87%) saw up to a 20% increase in property sales and buyer enquiries during this year’s summer months compared to summer 2011. So if you’re looking to enter the market, now may be the right time to do so as activity appears to be increasing.

However, the market continues to present challenges, with mortgages presenting the two biggest influences according to Home Sale Network. Nearly half (47%) of respondents indicated that a lack of mortgage availability was the biggest challenge in preventing more buyers from entering the market. An additional 40% stated that it was the lack of a mortgage deposit that’s preventing more people from entering the market.

How We Can Help

We have been handpicked by Home Sale Network to represent them in the Teignbridge area, because – in their opinion – we are your local property market expert. So if you’re thinking of buying or having trouble entering the market, contact us today. If you’re looking to sell, as a Home Sale Network agent, we work with our fellow members across the UK to help relocating families move into the Teignbridge area, which offers our sellers an additional channel of prospective buyer.

Give us a ring on 01626 366966 to find out more about how your local Home Sale Network member can help you.

Home Sale Network is a national network of  handpicked, independent estate agents across England, Scotland and Wales.

Each member is handpicked after thorough checks, which in Home Sale Network’s opinion indentifies them as the Local Expert in their area for buying or selling a property.