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Many homeowners are waiting for autumn, lower mortgage rates or a more certain market before selling. But when everyone waits for the same moment, competition can arrive with them. Sometimes moving before the crowd creates the better opportunity.
Asking prices have fallen 2% in August, yet buyer demand is rising. So is the property market slowing down, or are buyers simply becoming more selective? Here is what the latest Rightmove data really means if you are thinking about moving.
Augustβs property market figures may look concerning at first glance, with asking prices recording their biggest August fall in eight years. But behind the headline, buyer demand is beginning to rise. So, whatβs really happening β and what does it mean for homeowners in Amber Valley?
Mortgage rates remain above 5% on average, but the picture is more nuanced than the headline suggests. If you are buying, selling or simply wondering whether to wait, here is what the latest mortgage market actually means for your next move.
