On the upswing

For those looking for silver linings amid the darkness of winter, Gordon McGuire from Corum sheds light on the new year property boom.

With the uncertainty around Brexit dissipating and consumer confidence gradually picking up steam, the property market in Scotland has sprung to life in the formative weeks of 2020.

According to Rightmove, there has been a 2.3% increase in the price of property being listed for sale, the largest ever increase for this time of year. On top of that, Scotland is expected to see house prices grow by as much as 4% as per the forecasts of both Nationwide and The Halifax.

Things are certainly percolating in the world of property and here at Corum, it’s no exception. January saw us list more properties than any previous year and February is following suit. Based upon what’s occurred across the year’s introductory stages, there appears to be a new year boom which is creating a really positive market for people to enter into.

To those swithering over whether to sell or not, we can’t stress enough that it’s an ideal time to reach out and get a The Moat House, Elderslie. Offers Over £380,000 valuation. We’re more than happy to have a no-obligation chat and discuss where your home currently sits in the market.

As for those looking to buy, the biggest challenge in recent times has been the volume of stock and lack of variety. Consequently, this has been pushing prices up for properties that may not set your own personal heather alight. Fortunately, the new year boom has brought an influx of new homes onto the market, creating a more level playing field for asking price and increasing the quality of option at your disposal.

As ever, we are more than happy to discuss your own status as a buyer, seller or both with zero obligation. So, feel free to reach out to Corum and we can get the ball rolling.

For more information, contact Corum, 2 Windsor Place, Main Street, Bridge of Weir, PA11 3AF, 01505 691 400, bridgeofweir@corumproperty.co.uk