As inflation tumbles and the prices of homes in London boroughs continue to fall from last year, will 2024 be an ideal time to put your property on the market? A prominent London real estate figure specializing in investment management and asset developments, Nick Millican may suggest to sellers about waiting before putting their homes on the market too soon.
Despite the interest rates staying put at 5.25 percent for the time being, which will inspire many house-hunters to go out on the lookout for a new home, the agent– who is all about maximizing the performance and value of real estate property– would probably suggest to sellers to wait until spring to make a deal. That is what the expert Nick Millican advice is.
That’s traditionally the busiest time of year for the property market and can increase the seller’s chances of achieving an asking price. And this is when real estate agent Nick Millican comes in.
A strong advocate of making the property look its tip-top best for potential buyers, waiting to sell from Millican’s standpoint also would give you more time (London-post).
Overall, more time to make any necessary repairs or additional upgrades to the property that just might give it the finishing touches it needs, Nick Millican finally adds. However, he finally states, as demand goes up as mortgage prices go down, putting in the work on the home you’re trying to sell and prioritizing investment management could be more crucial than ever before as buyers can afford to be more picky in 2024.