Market recovery as house hunter numbers rise
Estate agents in Kent say buyer confidence is returning to the
county, with a high number of viewings for the time of year.
Edward Church, partner at Strutt & Parker, Canterbury, said:
"We have seen viewings at levels that match the busiest times of
the year. The new year very often heralds a return to enthusiasm
for buyers and we are not surprised. Buyer confidence is coming
"There is an important 'but', which is that buyers are still
sensitive to price. If the property is on at the wrong price, it
won't attract interest. There is a stark divide and buyers are
voting with their feet. If a property is well priced they will
respond in large numbers."
He said buyers seemed to feel that they would be unlikely to see
a further drop in prices.
His views echoed the latest report by the National Association
of Estate Agents which showed the number of house hunters
registered was now an average of 282 house hunters registered per
branch, up seven per cent on the previous month.
Mark Hayward, president of the NAEA said: "Demand is clearly
returning to areas of the market, and agents are seeing more house
hunters looking for their ideal home."
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