Property Market Predictions - 2013

Michael Nettleton, Director of Nock Deighton, commented: Despite a great deal of ongoing negative news coverage in the national media concerning the property market, evidence on the ground here in Shropshire paints a much more positive picture. As a firm, we have seen the regional market continue to strengthen year on year since 2008, and are witnessing a real growing confidence amongst house buyers, as well as a steady increase in volumes of sales. For instance, last summer our Telford office reported a 60% increase in sales compared to the same period in 2011.

Shropshire continues to be a particularly sought-after location with a range of high-quality homes available, which ensures that theres no shortage of interested buyers. Wed predict that because of this ongoing demand, prices across the county will remain stable in the months to come, and sellers should be reassured that, as long as their property is realistically priced and with the right agent behind it they are more than likely to attract genuine interest.

One area wed like to see more action being taken in is greater support from the government to encourage first-time buyers to purchase directly from first-time sellers. Such a move would provide buyers with a much wider choice whilst giving second steppers the chance to move up the property ladder. With the green shoots of economic recovery starting to show both here in the UK and throughout Europe, there is certainly cause for cautious optimism for the Shropshire housing market in the coming months.

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