The first real buying market of the year starts as the weather improves. Easter is traditionally the time that things start to pick up as people are more willing to view properties, the weather turns drier and warmer and the nights get lighter. This works well in tandem with the January moves as the properties taken on by estate agents in January are the properties that sell in and around Easter. This more vibrant market lasts until around late-June or early-July before that market sees a lull during the 6 week school summer holidays.
When the children go back to school, the market starts again for people that are looking to move again. It's similar to January as more properties come back into the market. This is coupled with another period if high demand as people who want to live decide that they want to gerbil with it ang get the sake agreed quickly with one eye on moving in before Christmas. As I've said before, the Spennymoor market beiadly follows the rest of the UK in theses peaks and troughs, these ebbs and flows.
So, we're just starting the second busy seller phase of the market, and it shows. The number of properties available has dwindled since July as there have still been a few sales but very few new properties to the market. That is now starting to change as the children go back to school and the parents start to get back to normality.
This means that my blog will be able to expand again in the run up to Christmas - where the market will drop again as people's minds move onto things other than property. I'll be taking a look at two new properties per week to let you know what is out there and what might make a decent investment return for buyers, plus there will be some ideas in there for owner-occupiers.
Stay tuned and I'll take a look at the Spennymoor property msrket and introduce things such as my Facebook and Twitter feeds for Spennymoor property alerts and other exciting additions to the blog.
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