Is it really as bad as it sounds?

 

Yesterday’s housing news focused on the pessimistic view of 28% of RICS members who expected sales to fall over the next 3 months with the sensational headline that the housing market outlook was the worst for 20 years. So should we all be panicking and ‘running to the hills?’ 

 

Firstly generalised sweeping statements are not helpful when we live in a country where each town has its own ‘micro’ market.

 

Secondly in direct contrast to the report as an agent we are actually experiencing an increase of:

 

- 66%increase on sales instructions

- 9% increase in searching applicants

 

So not all doom and gloom for everyone! 

 

The ‘noise’ from the front line, in real time, from ACTUAL vendors and ACTUAL purchasers is also positive and in contrast to the report. 

 

So, bottom line...everyone needs somewhere to live and we are still a nation that aspires to be home owners. So dont let the sad sacks get you down and get moving!