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Simon Tearle reviews 2011 and what's in store for 2012

Wed 15 Feb 2012


It seems impossible that almost a year has passed since the opening of our Residential Sales Department in Buckingham. Strictly speaking our anniversary falls in March, making the last eleven months a whirlwind of events.  In spite of numerous poor economic indicators, successful early sales have been an effective and solid starting block in quickly establishing our position as a leading operator in the marketing and sale of rural, village and country homes as well as traditional, established town properties. We now carry a strong and varied stock of properties, which together with the sales we  have successfully put together further underlines our trading strength in North Buckinghamshire, South Northamptonshire and Bedfordshire.

2012 sees  the on-going market sentiment continue in its hesitant vein; we are witnessing lively levels of web-site activity (in stark contrast to the last two months of last year), indicating healthy interest in the residential sales arena indicative of active information gathering as a preliminary exercise to the intention of either purchasing or selling. The ‘on the ground’ result of which is a slow entry of properties to the market and a temporary shortage of stock to sell with a cautious potential buying public inclined to wait in the belief time will bring a wider selection of properties from which to buy.

in the meantime, realistically priced properties receive solid viewing attention and a relatively quick sale turn-around, confirming there is a well informed buying public readily reactive to seizing on properties with sensibly pitched guide prices. Particularly strong results are being seen with the marketing of ‘project’ style homes.

The expectation is for little change in sale values in the ensuing year with drifting limited periodic bursts of brisk sales activity dipping to a sluggish tempo, directly reflective of localised economic factors. Support features to our immediate area of operation is the recognised economic strength of Milton Keynes, identified in a recent Government survey as a ‘growth area’ with low levels of unemployment, forming a positive back drop to our market place. Continued low interest rates, an excellent range of improving railway and road transport networks all add to the desirability of the area.

If you are looking to purchase or sell a property within the Buckingham area please contact Simon Tearle:   t: 01280 428010 or via e-mail: sjt@robinsonandhall.co.uk