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Early signs for 2021 property market look promising

Wed 27 Jan 2021


















We are pleased to report at ehB Residential, the year has got off to a great start. Despite the current lockdown, demand for property and moving remains high. With many buyers once again becoming acutely aware of their surroundings as they spend more time at home, space in the family market is highly prized. Working from home is looking likely to be here to stay in some capacity and now with the added pressure of schooling children in the home environment, buyers are keen to plan a move to upsize this year.

We also are starting to see other positive signs in the market, with the Brexit trade deal agreed, previously nervous first time buyers seem to be returning to the market. As the effect of the vaccination programme takes hold, we also predict to see some older mature downsizers feel more confident to enter the market, and start to think about the move that maybe they put off last year.

Rightmove reported on the 18th of January that visits to the website are up by 33%, the number of buyers contacting agents is up by 12% and the number of sales agreed is up by 9% for January so far compared to the prior year. This tallies with our experience, having agreed a good number of quality sales already this year and lots of offers currently on the table being negotiated.

With the property market allowed to remain open in the current lockdown, we are following the necessary precautions by wearing suitable PPE on valuations and viewings. So if you are thinking of moving, make the most of this buyer demand, we have many registered buyers desperate to see what new stock comes into the market now.

We have already agreed 30% more sales this January than the same month in 2020. And really need more houses to sell to satisfy demand, which is particularly strong in the family market from 375,000 – 1,250,000.

Please call to discuss your moving requirements and arrange a market appraisal of your home.

"Thank you so much for all your help selling our house and keeping our buyers happy as we finally found our dream house in Stratford upon Avon. It has been a little bit of a rollercoaster ride but we got there in the end."
Emma and Katie

News Archive

July 2021

End of stamp duty does nothing to dampen the appetite to move home

June 2021

Families looking for ‘the right home’ not deterred by end of stamp duty holiday

May 2021

Leamington estate agency calls for more properties amid 7.1% house price rise

April 2021

Demand outstrips supply as March date sees highest property sales in a decade

February 2021

Demand for family homes is driving price rise, as ONS announces 8.5% annual increase

ehB Residential co-founds new local portal for property searchers

No slowdown in demand for million-pound properties

Show apartments at Victoria Point offer ‘a room with a view’ over Victoria Park

January 2021

Early signs for 2021 property market look promising

Brexit deal, vaccine and lockdown are fuelling house moves

December 2020

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November 2020

Covid mega lab announcement puts Leamington on the house hunting map for biomedical and data scientists

Demand for family homes continues as Leamington named third happiest town in UK

Developer creates large luxury homes for people who don’t like gardening

Explosion in demand for family homes sees sales double at ehB Residential

October 2020

ehB Residential welcomes government pledge to help first time buyers

ehB celebrates a record breaking summer with our lettings department

September 2020

Million-pound townhouses offer Scandi-style living in Regency theme park

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July 2020

Covid crisis sees airbnb landlords switch to longer term rentals, says estate agency ehB

ehB Residential welcomes stamp duty holiday

February 2020

ehB helps Milverton youngsters raise cash for playground equipment

ehB wins gold award for being best lettings agent in Leamington

We would like to take this opportunity to reassure all of our clients
- sellers, landlords, buyers and tenants that we are taking all reasonable
steps to protect the health of our clients and our team during the Covid -19
Outbreak. We are following the government and industry guidelines to estate
agents and lettings agents, and are conducting viewings and valuations in
person wearing suitable protection to include facemasks and gloves. We are
also available to offer virtual viewings and valuations should you require that
service. We would be happy to discuss these measures with you further should
you require any further information.
 
Leamington Office 01926 881144 or info@ehbresidential.com
Warwick Office 01926 499540 or warwick@ehbresidential.com
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