September Market Brief: Deal or no deal, life continues
Each way you turn at the moment, it is near impossible to avoid the dreaded ‘B’ word. However, outside of the London centric media and the Westminster bubble, life continues apace and the property market here in York remains busy.
Admittedly, the York market is more sheltered than other parts of the country as property here is in such demand, however I do think people are more concerned about their need to move before the arrival of their new baby or the need to move closer to work and, ultimately, this will stop the housing market grinding to a halt.
We are now entering the traditionally busy Autumn market - a short yet busy window with people looking to make a move before Christmas. With interest rates remaining low, I would suggest now is as good a time to buy as any, and hope that the market will remain buoyant in the run up to December.
New developments here in York are continuing to sell well with Rowntree House, a small development of one bedroom apartments, all selling off plan. Apartments at Hudson Quarter are being reserved at a steady rate and we will soon be bringing the former St Joseph’s Convent development to market which will include 9 one and two bedroomed apartments along with a 2 bedroom house. In addition, the development will include 4 single bedroom new build houses within the grounds.
My advice for now is most definitely to ‘keep calm and carry on’. Take everything the media say with a pinch of salt, and continue to make decisions that are right for you and your family.
If you have any questions about buying or selling your property this Autumn, please don’t hesitate to get in touch.