i spoke to two agents and a property analyst to see who is managing to knock off the most off asking prices:
Buyers are achieving price reductions – especially those purchasing in cash – especially as sellers are nervous their mortgage offers will expire. We speak to two agents and a property analyst to see who is managing to knock off the most off asking prices, how they are doing this, and what other impacts they are seeing from the rate rises.: “Buyers are playing a waiting game, which means we’re having more viewings to sell the property.
Going forward, I expect that buyers will be very keen to complete before their mortgage offer expires and their rate becomes a lot more expensive. It will definitely be a point of negotiation in the future: that if the sale can’t be completed before the buyer’s mortgage offer expires, the price will have to be renegotiated – or the buyer simply won’t be able to afford the house”.: “I act for buyers and I’ve noticed that estate agents are much more jumpy.
I haven’t noticed house prices adjusting yet to the rate rise and I don’t see lots of people bidding for houses. There are an awful lot of buyers sitting on their hands, waiting to see what happens. Sellers no longer have the upper hand, as they have done for the last few years. Right now, I think the market is in balance but it’s shifting towards being a buyers’ market, and I expect house prices will fall by around ten per cent.
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
'Boots 'magic' £12 skincare range cleared my painful eczema in 10 days''My eyelids were super swollen, cracking and painful. After 10 days of using this product, this is my skin. I'm obsessed.”
Lire la suite »
Live news: 3M reaches $10.3bn deal to settle ‘forever chemicals’ lawsuits\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
Lire la suite »
Nottinghamshire County Council agrees extra £10.8m for road projectBut inflationary pressures mean part of the A614/A6097 scheme has been scaled back
Lire la suite »
Boy, 10, in hospital after being hit by car outside schoolA Police Scotland spokesperson said: “Around 8.50am on Friday, 23 June, 2023, we received a report of a crash involving a car and a 10-year-old…
Lire la suite »
WASPI women asked to complete simple 10 point task in fight for pension justiceWASPI campaign group want to know if the affected women who lobbied their local MP received a response
Lire la suite »
How 10-Day Semiconductor Training Programs Could Blunt a Possible Worker ShortageAmerica’s semiconductor boom may face a worker shortage. The Biden Administration hopes workforce training programs could help.
Lire la suite »