Is now a good time to buy or sell a home?

Is now a good time to buy or sell a home?

If you are buying and selling a home, the ideal market is really one which is falling for a short period of time. This means you may sell the property you own for less, but you should save more on the one you purchase, so you benefit financially.

Typically though, for anyone buying or selling, it doesn't really matter too much what's happening market wise. When prices are going up, it's easier to sell your property and although you may have to pay out more for the larger property you are buying, you still get to move and over the long term, will benefit as prices rise. If prices are falling you also do well as you sell your property for 10% less than it was previously worth, for example a £150,000 home sells now for £135,000.


FOLLOW THIS LINK to decide whether now is a good time to buy and sell!

First Time Buyers Market Report and Analysis

First Time Buyers' Market Report and Analysis

The ideal market for a first time buyer is one which is actually gently rising. This means you purchase a property and then watch the value of your home increase year on year. For the full market update, visit the Designs on Property website.

The summary of the current and future market is one where prices are doing the opposite, ie likely to fall over the coming months. There are some areas though, which are hotter spots than the norm especially in inner London, so it is vital to work out what's happening to property prices in your local area. Visit How to check out the local property market and What to ask the agents to better understand the local market for more help.


FOLLOW THIS LINK for the full First Time Buyers Report