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This month is all about reflecting on 2023, along with forecasting for 2024. We have seen house price falls have been modest in comparison to what mainstream media had people believe, and overall performed well considering the cost-of-living crisis. Especially considering a 20% reduction on buying power. The biggest hit has been on completions, with it looking to be around the 1m mark by end of year.
Mortgage rates are dropping which will support a better market, however, its likely we won’t see the results of this for a few months yet.
If you’re ready to sell your home here is a step-by-step guide going through the whole process of selling a house and what to expect.
Selling your home is one of the biggest decisions you will ever make in your life therefore you want to make sure you get it right first time.
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