Aidan J Reed News Article

Market Moving

30th May 2009

Aidan J Reed BSc MRICS FNAEA of Aidan J Reed reports the greatest activity he has seen in the market for 18 months to 2 years with a sustained increase in sales over the last few months. With fewer houses coming to the market it is enabling prices to settle at the lower and middle ends of the market. This will eventually see prices creeping up in certain hot spots between now and Spring 2010. Poorer areas and higher price bands may still see some further settling before prices bottom out. Aidan warns Vendors must still be realistic with prices as buyers and lenders will only look at realistic purchase prices in what is still a changing and unpredictable market. For those trading up market there is still a window of opportunity in which to take advantage but this will be less attractive in 2010 for those looking to move to a bigger home.