Zoopla -Is Now The Time To Sell?
Figuring out when to put properties for sale on the market can be a difficult thing for anyone to do. You need to be making sure that you not only maximise your chances of finding a buyer, but that you also get the best return possible for your home and make a decent level of profit.
Is now the time to sell then? For many, it might be. House prices are currently performing better than they have done for a long time, while it is also a good time of year to be looking to find a buyer.
Early summer will always entice people out of their homes to go and look for somewhere new to live, with the warm sunny weather giving them a great opportunity to see houses in their best light.
And the latest report from Halifax has also shown that now could be a good time to offload homes, with prices currently being seen at their best - in terms of valuation growth - at any time in the last three years.
According to the building society, the average price of buying increased by 2.1 per cent in the last quarter when compared to the three-month period that preceded it. This was the first time in a number of months the rate of increase had gone outside the one to two per cent barrier, and the highest it has sat at since January 2010's 2.9 per cent.
On an annual level, the rate of growth was also impressive. Prices in June 2013 were 3.7 per cent higher than in the same month in 2012. This was the best yearly increase seen since August 2010 when the level was seen at 4.6 per cent.
So with house prices going up at the fastest pace in more than three years, and people coming out to buy in the summer months, now may very well prove to be the best time for sellers to get their houses onto the property market.
Posted by Staff Writer: Frances McDonald