Category : marketcommentry
Thatcher’S Dream Smashed As Homeownership In Thanet Drops
In her first conference speech as the Tory's new leader in 1975, Margaret Thatcher asserted her conviction in a ‘property-owning democracy’. Throughout the 1980s homeownership exploded and continued to grow for several decades thereafter. What has happened to that dream nearly 50 years later? The housing data for Thanet has just been released from the 2021 Census and it makes interesting reading, especially if you are a Thanet homeowner or Thanet landlord.
18/01/2023 12:00 AM 102
Ramsgate Property Market Holding Up Despite Doom And Gloom In The Newspapers
The Ramsgate housing market over the last three months is now becoming more ‘normal’ after the last couple of years of insane demand! Even with the blackening economic doom-mongers forecasting a harsh slowdown in the British property market, the number of people buying and selling their Ramsgate homes is still very good for the time year. If you are a Ramsgate homeowner or Ramsgate landlord, you need to read the article to find out what is happening in the Ramsgate property market
09/01/2023 12:00 AM 83
What Will Happen To The Thanet Property Market In 2023?
In this article, I talk about what should happen to the value of your Thanet property over the next 12 months. Also, I will touch on the other more important barometer to judge the Thanet market. Read the article to find out what that is…
31/12/2022 12:00 AM 204
What Recent News Means For Thanet Home Movers. Are We Heading For Disaster?
Crisis. Turmoil. Unprecedented. These were words rarely used pre-pandemic. Now they’ve become staples of our nation’s news coverage. And this week, they have been used more than ever to report on the economic waves caused by the Chancellor’s mini-budget last week.
29/09/2022 12:00 AM 119
Is The Margate Property Market Heading For Disaster?
Looking at the newspapers with their doom and gloom headlines, you would think that the Margate property market would be on its knees. Yet Margate house prices and the number of properties selling continue to be high. Read the article to find out why…
20/09/2022 12:00 AM 121
Will The Cost-Of-Living Crisis Mark The End Of The Booming Thanet Property Market?
Thanet property prices have increased by 27.8% over the last two years. Thanet house prices have risen on the back of several things, including changes in how people see their homes and how they live and work (i.e. working from home), a lack of properties on the market and government tax incentives (the stamp duty holiday in 2020). Yet, the tide could be beginning to turn as the number of houses coming on the market is increasing as supply is starting to catch up with demand - in Q1 2022, 389,811 properties came onto the market in the UK compared to 425,295 in Q2 2022. One would typically expect Q1 to be larger than Q2 in average years. Yet some commentators are saying one thing that could stifle this growth is the cost-of-living crisis.
03/08/2022 12:00 AM 148
Margate Property Prices Have Risen By 540% Since 1995
Is it a seller’s or buyer’s Margate property market? In this article, I discuss this and how things are beginning to change in Margate Also, that there are in fact many Margate property markets and how savvy home buyers can spot bargains by following certain trends. Read the article here.
20/07/2022 12:00 AM 90
Has The Broadstairs Property Market Peaked?
Should you buy now or wait for the bargains? • Many commentators believe we have seen the peak of the Broadstairs property market. • So, should savvy bargain hunters wait for Broadstairs house prices to fall? • Or could postponing your house buying for any anticipated Broadstairs house price drop be a costly mistake? Over the last two years, the Broadstairs property market has been a rollercoaster ride of hyperactive demand together with the new sport of getting your offer accepted when you compete with 30 other bidders.
20/05/2022 12:00 AM 97
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