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In early 2023, property forecasters predicted a significant UK housing downturn over the next two years, citing rising interest rates following Liz Truss's departure. Halifax expected an 8% drop, Savills predicted a 10% drop, and Nomura Bank forecast up to a 15% drop.
The property market is frequently misunderstood, especially amid dramatic news stories. Here’s what Warfield homeowners need to know to avoid costly traps.
If you’re Googling any of these right now: “Why am I getting viewings but no offers?” “What does buyer feedback really mean?” “Is my house overpriced or just badly marketed?” You’re not alone, and you’re right to ask. Because when buyers are walking in, nodding politely… and then vanishing or worse giving 'naff' offers, something’s misaligned.
It’s been a few weeks (maybe longer), and the buzz has faded. Viewings are few and far between. Updates are sparse. And your agent’s enthusiasm? Nowhere to be seen.