Time to Sell In Sussex?
Can we see the first glimmers of a housing market recovery in Sussex?According to the latest government figures, the housing market is showing signs of recovery.The only brake seems to be a lack of properties on the market.Activity may have picked up, but price levels seem to have returned to where they were several years ago, with average house prices in Sussex for the first quarter of 2009 being £202,952.00 compared with £254,070.00 last year.
According to the Royal Institution of Chartered Surveyors (RICS), 6% of estate agents nationwide said that property values had risen in May, but 42% said they fell! It’s not uncommon for there to be months of rising prices when house prices overall are still trending down and it’s predicted that house prices will fall by a further 10% in real terms to hit their nadir around mid-2010
In such a confusing but potentially promising environment, it’s more important than ever to secure the services of experienced and knowledgeable Sussex estate agents. The personal touch and commitment still count for a lot, particularly if you are looking to buy or sell property in or around Burgess Hill.These areas are proving very popular, thanks to their excellent rail and road communications with London. Houses here are targets for those moving down from Surrey and Greater London in order to upsize for less money and for potential commuters travelling in the other direction looking for a pleasant home base within convenient striking distance of the City.