Q1 Property Market Update for Reading 🏠

Matt Barrell gives a run down on the Reading property market in the first three months of 2023 πŸ“

⏰ 60 second Q1 Reading property market roundup... how's it going so far?!

πŸ‘‰ The market shifts back to a more 'normal' pre-covid marketplace
πŸ‘‰ The best mortgage rates currently sit BELOW the bank of england rate!
πŸ‘‰ 41% more Reading sellers dropping prices in 2023 vs last year

πŸ“ˆ Annual price growth anywhere from -1.1% to +3% depending on what you read πŸ‘€

βœ… Mortgage rates expected to stay stable (4-5%)
βœ… Prices already fallen from 2022 peak! 

🏘️ Considering a move? Find my details on the link below! 
πŸ”— https://linktr.ee/thereadingagent

πŸ™‹β€β™‚οΈ Or reach me directly πŸ‘‡

☎️ 07717 725609
πŸ“§ mattbarrell@avocadoberkshire.co.uk
πŸ“² @thereadingagent  

#movinghome #mattbarrell #sellingreading


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Across the UK and here in Tadley, the property market remains surprisingly active despite the issues at home and abroad. House prices are steady, buyers are still being selective, and the market itself is evolving.

There is a growing shift taking place in the Binfield property market, and it is not one that can be ignored. While much of the national conversation focuses on house prices and interest rates, a quieter yet more revealing metric is beginning to stand out, how long properties are taking to sell.

For much of the last two decades, bungalows have quietly slipped out of fashion. Overshadowed by those glossy new build developments, three storey townhouses and open plan β€˜modern living’, they became seen by many as somewhere only your granny lives rather than an aspirational home move.

If you are a homeowner or landlord in Stevenage and thinking about selling in the coming months, one question tends to rise above all others. How long is this going to take?