Residential Sales
For the second month running, the amount of property available for sale is steadily growing. It is still less than this time last year, but only by 7%. The number of new properties coming to the market is also healthy – not as many as in January, but still 40% more than February 2009 and likewise valuations are up 32% for the same period.
There is still a strong desire to invest in London property with sales applicants remaining at the same high level as January and the number of sales agreed higher than in any of the previous 12 months and 38% more than February 2009.
Why we WON’T all be selling privately in the near future
January 25th, 2010 by Ed MeadThere has been plenty of press over the weekend and Twitter chat about how the Telegraph’s interview with Sarah Beeny points to the demise of the estate agent. To be fair she opines that 50% of all property sales will be done privately by 2015 so that would seem to give half of us a stay of execution at least.
Sarah has obvious charisma and appeal and it’s all too easy to denigrate agents and jump on the bandwagon. I wish her all the best with her site which is well thought out, slick and deserves to carve out a niche for itself. Private sales are not new and have in the past been the preserve of the bargain hunter, either buyer looking to buy without competition, or seller trying to avoid paying an estate agency a fee.
Tags: Central London property, Douglas & Gordon, London Property, Sarah Beeny, Selling privately
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