Thursday, 7 January 2010

Happy New Year

Cobb Property are celebrating the New Year with a re-vamp to our office premises. We are also currently working on re-designing our website and adding numerous new features, adding a new range of designs for our property brochures and are investing heavily in advertising in our local paper which still delivers plenty of leads on the properties advertised there. We wish all our clients a Happy New Year and a successful, prosperous and healthy 2010.

MARKET UPDATE DECEMBER 2009

December was an excellent month for sales completing. Lots of sales would have been adversely affected by delaying completion until January as the Stamp Duty exemption up to £175,000 dropped back down to £125,000. Also with the VAT increasing and wanting to spend the festive period in their new property, it spurred clients on to get moving before Christmas. Viewings and valuations were consistent with December traditionally being the quietest month as people are spending time and effort with family.

MARKET FORECAST - SPRING 2010

Well the weather is stopping people from making unecessary journeys and keeping children off school and parents off work, so viewing numbers are lower than expected and we have been re-arranging some appointments to help accommodate. There are quite a lot of people lined up ready to go onto the market this month and are just in the process of doing all the "tidying up" jobs, organising HIPs and taking down Christmas decorations. Also properties that have been on the market for a little while now are likely to drop their price to compete with the fresh stock.