Company Tag: GetAgent
Homebuyer demand eases across the country
A lower proportion of property listings were marked as sold in Q3 this year than last, reports GetAgent - with Bristol and London the only places to see an increase.
The number of homes listed for sale has fallen 12.5% in the last year
Estate agencies have listed an average of 7.3 homes per branch across Britain in 2022 so far, down from an average of 8.4 in 2021, according to some new research
Market towns see property prices dip as the countryside property boom cools
After two years of punchy growth, house prices in 25 regional market towns have fallen by an average of 2% in the last 12 months.
Housing delivery is ‘massively out of kilter’ with homes required
Some areas are seeing many more new homes built than are needed, while other locations are falling far below their housing need.
Vendors are now achieving 99.4% of asking price, on average
More property sellers are getting closer to their asking price now than last year, with 41% of postcodes seeing the average deal being done at or above asking.
11% of homes listed for sale find a buyer with 14 days
GetAgent reckons some areas are seeing one in every five new property listings find a buyer within a fortnight.
GetAgent adds two to its leadership team
Mal McCallion and John De Pree have joined estate agency comparison website GetAgent.
Property sellers achieved 98% of original asking prices in 2021, on average
The average asking price across England & Wales in 2021 was £326,212 in 2021, while the average achieved price £319,119.
Chain-free properties sell for 11% more than entangled homes
New research estimates a sizeable price premium for property sales that are not reliant o other transactions...
One in ten UK buyers plan to spend over £20k improving their new home
Kitchens and gardens are the most popular target for new home improvements, following by bedrooms and bathrooms.
Estate agency fees in key UK cities, compared
Average estate agency commissions in key UK cities range from 1% in Edinburgh to 1.7% in London.
Budget 2021: Property industry reactions
"This Budget could be regarded as a reprieve for the housing industry," says one commentator, while others bemoan an "underwhelming" speech...