31st January 2012 back to news

GS Residential review for January 2012

Following a relatively bleak December the residential market has again picked up its pace with many new properties coming to the market throughout January.
In turn, selling agents are reporting increased enquiry levels and viewings, undoubtedly helped by the milder winter weather being experienced so far this year. Additionally a large number of Replacement Home Report instructions have been received, indicating older stock is continuing to sell.  Despite the relatively depressed wider national and global economies, it would appear that Aberdeen and the surrounding Shire commuting towns continue to buck the trend somewhat.
Darroch Robertson, Associate, Aberdeen Office

The start of a new year is always unpredictable. However, we have seen a good level of Home Report instructions in January. I do believe it makes sense to bring a home to the market early in the year to take advantage of any prospective purchasers out there. We have also undertaken a similar number of Replacement Home Reports, an indication that properties that have been on the market are now selling or going under offer. Whilst not dismissing the challenging market we will be operating in, I have an optimistic outlook for the year ahead.
Graeme Lusk, Associate, Kilmarnock Office

Photo: Darroch Robertson, Aberdeen Office