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I’m sure most of us are guilty of thinking things will quieten down in December, both at work and home, and then proceed to have a busy, social, festive period. It also seems that current signs are indicating that within the housing market things might not slow down that much for Christmas, and into 2024; in fact, last year Rightmove reported that the period between Boxing Day and New Year was its busiest on record for home mover-activity.
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It is well reported that the housing market is a little slower than the highs of previous years however if approached in the right way a seemingly tough market can present opportunity.
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According to a recent study by Zoopla, 42% of adults aged 18-39 who don’t own a home say they’ve given up on the idea of buying one in the next ten years. Perhaps unsurprisingly the three main reasons cited for these feelings include the cost of living crisis, increasing house prices and higher mortgage rates.
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Its well known that during the summer months, with homeowners and prospective buyers getting away on holiday, the property market tends to calm a little and often the question of ‘is now the right time to sell?’ arises.
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Durden & Hunt are delighted to announce their Ongar office has won the British Property Award for Ingatestone & Ongar for the second year running.
After winning gold in 2022, to secure the coveted award again this year the team performed outstandingly throughout the extensive and comprehensive judging period, which focused on customer service.
