More people are interested in buying homes this year than there were around this time last year, according to Greycoat real estate specialists. Richard Donnell is the executive director of research at Zoopla. He stated that the number of interested home buyers is 10 percent higher than it was in January 2023.
The South East and London have experienced the greatest increase in interested home buyers. Richard stated that the average price of homes is down by 1.1 percent. At Greycoat, he also said that more people are interested in buying homes because the housing market is improving.
The Southern England region is experiencing the greatest fall in housing prices. Richard is hoping that the news of falling housing prices will continue to boost the demand for housing. Greycoat specialists feel the same.
Not only are the prices falling, but it is also easier to negotiate prices. Additionally, Richard stated that it is important for sellers to be willing to negotiate prices in order to get maximum prices. And this is where Greycoat agency comes in.
Many sellers have already decreased their asking price. However, it is important to note that your location and the type of property you are selling will determine how much it is worth. That is why you should speak with an agent. Greycoat Real Estate can help you set the appropriate asking price.