A Manchester based estate agent has predicted an influx of activity in the property market between Christmas and New Year, making the festive period one of the most opportune seasons for buying and selling property.
Despite warnings about the stresses of buying and selling property over the Christmas period, Manchester Estate Agents Indlu believe you could reap some seriously lucrative benefits if you choose to buy or sell at this time of year.
The Perfect Time to Sell
There’s a common misconception that the summer months are the best time to sell property, but Christmas, in fact, is one of the most beneficial times to sell your property due to an increase in demand.
Despite the perception that the property market slows at this time of year, Christmas provides sellers with a number of opportunities as buyer interest peaks again. Once Christmas Day comes to an end, homeowners take to the internet to search for properties as usual day-to-day life commences again, which in turn, creates demand unrivalled throughout the rest of the year.
Buyers at Christmas are also more likely to be committed to finding a home and settling in as quickly as possible, which means you can wave goodbye to the time-wasters and focus on those looking to snap up a property quickly and hassle-free.
The Perfect Time to Buy
"With major property portals like Rightmove reporting an influx of market activity between Boxing Day and New Years Day, Christmas could be the perfect time to buy and sell."
Whether you’re a first-time buyer or a family looking to upsize, you’re sure to find some of the hottest deals on the market when buying throughout the Christmas season as sellers lower their price expectations in a bid to minimise pre-Christmas “buyer humbug”.
The market is flooded with new properties over Christmas as people actually have the time to list their properties and follow through on the sale when away from their hectic work schedules, and this increases the number of properties you can choose from.
Christmas is also the perfect time for buy-to-let investors looking to expand and diversify their portfolios ahead of the busy rental demand which comes in the New Year.
So whether you’re a buyer or a seller, you should definitely be taking advantage of the opportunities the property market has to offer over the Christmas period. But you should bear in mind that there are a number of factors to consider when buying and selling throughout the festive season that may not necessarily come into play throughout the rest of the year.
With that said however, the market lends itself perfectly to those serious about buying and selling property, and offers some of the most lucrative investment opportunities seen all year round.
For more information or to arrange a free property valuation, please contact Indlu estate agents in Denton.
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