News

This week Zoopla reported "Four weeks on from the reopening of the property market and a rapid rebound in demand for homes has been followed by an unprecedented rebound in new sales agreed" they went on to say "Demand for housing is now 54% higher than at the start of March, as pent-up demand returns to the property market". On a local level, we are inundated with calls and enquiries from would-be buyers and sellers, and some of our new instructions have sold within days. Lenders are...

There has been an enormous surge in demand in the Midlands, according to Rightmove. They went on to say that on May the 27th visits to the portal exceeded six million for the first time, which is up 18 per cent on the comparable day of 2019. So what about the local property market? In the first five days of June, we registered 106 potential buyers, of which 84 of them are in a position to buy now. 83% of those registrations are looking to buy a "house" within a price range of between £200,0...

This week activity levels continued to increase, and normality seems to have returned, albeit with social distancing measures in place. We registered 214 new buyers, we arranged 152 viewings and received 30 new offers. Due to ongoing demand, we urgently require three bedroomed traditional semi-detached and four bedroomed detached homes. Do you have one to sell? Please call our Customer Care Team on 0121 296 1400 for further information or book a valuation online https://www.green-propert...

This week has seen a significant increase in enquiries ranging from market appraisals and viewing requests to mortgage appointment enquiries. Market appraisals enquiries alone increased by 246% and buyers registering increased by 188% compared to the week before. Rightmove reported (picture attached) year on year change in detail views at the height of the lockdown dipped to minus 33%, but as of this week, activity is now only minus 5% so all in all a very positive week. The safety of ou...

On Monday the Government issued guidance regarding the road ahead. It was clear that estate agency fell in the "non-essential retail" category which meant we would not be able to open our offices until at least the 1st of June. However, on Tuesday evening the media announced that Estate Agents would be able to open from Wednesday! Our branches will start to reopen from next week with limited staff presence, and our "homeworkers" will continue to work from their homes. Safety is of paramo...