February/March 2011 – Buckinghamshire and Northamptonshire Property Market Comment
We reported last month that 2011 had started with a surge of interest from buyers and this theme has continued into February & March. The market remains confused with stock levels continuing to be tight and a good percentage of the houses available being priced optimistically. The good quality homes priced correctly sell well and quickly, often not hitting the ‘open market’. We continue to see ‘privately available’ properties that are snapped up prior to the owner engaging an estate agent as the dearth of stock of the ‘best in breed’ continues. The balance shifted ever so slightly in favour of the buyer during the last quarter of 2010 however with the threat of the increase in interest rates looming nearer, purchasers are keen to secure the low rates while they can and the stock shortage is starting to swing the pendulum back towards the vendor.
BUCKINGHAMSHIRE PROPERTY MARKET OVERVIEW 2011
NORTHAMPTONSHIRE PROPERTY MARKET OVERVIEW 2011
