Category : stats
31% Of Thanet Property Sellers Reduce Their Asking Prices
• 437 of the 1,409 properties on the market in the Thanet area have had a price reduction in the last 3 months. • The average reduction has been 5.1% of the original asking price. • This is great news for Thanet home buyers and Thanet buy-to-let landlords, strangely Thanet house sellers as well.
27/06/2022 12:00 AM 0
The Shifting Margate Property Market
The Margate property market is on the verge of a ‘tipping point’. The rate of house price growth has started to ease with a reduction in the number of properties that will sell in Margate in the coming 12 to 18 months. Yet, rising interest rates and the cost-of-living issues won't knock everybody out of the property market and there shouldn't be a housing bubble for two vital reasons.
15/06/2022 12:00 AM 0
What Was The Average Ramsgate House Price In 1952?
Well, what a Jubilee weekend that was! Celebrating the 70 glorious years of our Queen. Looking back at the housing market during this time, what has changed since 1952, especially regarding Ramsgate property? What did a mortgage cost a typical Ramsgate homeowner then and, was it cheaper to buy a house then than today? Can you guess what an average Ramsgate home cost in 1952? Find out here..
07/06/2022 12:00 AM 0
The 6 Reasons Thanet Rental Properties Could Inflation Proof Your Savings?
• Inflation (and recessions) can be nerve racking for people and their hard-earned savings and wealth. • Yet there are six reasons which make investing in private rental properties a potentially wise investment in these changeable times. • This article looks at how investing in Thanet property could help you 'hedge' against inflation and protect your savings and wealth against the possible recession.
31/05/2022 12:00 AM 0
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 0
Margate Homeownership Rockets By 1,228 Homes In The Last 5 Years
The Margate housing market over the last five years has behaved oddly. Margate house prices are 23.7% higher than in 2017, even though during those five years, the British economy had the uncertainty of Brexit and the massive fall in GDP during the pandemic. Yet, a less observed trend is that the net number of homeowners in Margate has risen by 1,228 households, a jump of 3.7%. Why has growth in homeownership happened, and what does it mean for Margate's existing homeowners (and landlords)?
22/04/2022 12:00 AM 0
1,304 Broadstairs Terraced Houses Why Are They So Popular?
Did you know there are 1.304 Terraced Houses in Broadstairs? What is the history behind the humble terraced and why are they so popular with Broadstairs homeowners and Broadstairs buy-to-let investors? Read this article to find out more
20/04/2022 12:00 AM 0
The Bank Of Mum And Dad Comes To The Rescue
This two-minute read looks at parents’ integral role in helping young people get on the property ladder.
25/03/2022 12:00 AM 0
1 In 4 Thanet Homeowners Unable To Sell
The average time to find a buyer for a Thanet property reduced from 81 days in 2020 to 55 days in 2021. Yet still, just under 1 in 4 Thanet homeowners are on the market after 12 weeks. Why are so many Thanet homes still on the market after all that time, and what does it mean for the Thanet property market?
24/03/2022 12:00 AM 0

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