Property Supplies Outstrip Buyer Interest
If statistics taken from a recent survey by Hometrack are to be taken seriously, property investors have got a lot to look forward to…
During their survey they discovered that whilst the number of properties for sale has risen by 2.9% during June (up 15% since February); interest from buyers has continued to drop, with new buyer registrations rising by only 0.1% last month.
Crediting this fall in buyer interest to the General Election, the Emergency Budget and continued restrictive lending; many homeowners have felt hesitant to buy property because of increased uncertainty in its economic stability.
However despite this evident uncertainty from buyers, many it would seem still want to sell…
So what can be done about this in-balance?
Although many homeowners may still feel too frightened to invest in property, as a property investor you don’t have to be.
Invest using the right investment strategies and you can take advantage of these property for sales and use this lack of buyer interest to expand your property portfolios. And with property prices expected to fall over the next year, this too could prove advantageous
Related posts:
- Property Types Witness A Shift In Buyer Interest
- First time buyer levels make up less than a quarter of buyer numbers
- Student Housing Supplies Fall Short
- 3m Property Owners At Risk Of Interest Rate Increases
- Property Supply Exceeds Demand!
Tags: invest in property, property for sale, property investors, property portfolio, property prices
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