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Property market starts 2010 in confident mood

Thursday, February 4th, 2010

THE north Essex property market has got off to a very confident start according to one of the area’s leading local estate agencies, with new valuations and viewings well up on the same time last year

Boydens has branches in Colchester, Frinton, Braintree, Kelvedon and Sudbury and Managing Partner, David Boyden, believes January has built on the improving market conditions witnessed throughout 2009.

“Despite the adverse weather and the post-Christmas recovery period, people seem determined that 2010 is the year they are going to turn their house-moving thoughts into action

“With interest rates so low and prices still some way off their peak of two years ago, this is a good time to consider moving. At the moment, the market remains very much a sellers’ market because demand continues to outstrip supply.

“People who market their property at a price advised by an experienced estate agent will find it will sell. The key is to seek the advice of an experienced agent who has previously witnessed the ups and downs of the property market. The market remains challenging and is certainly not one for the inexperienced agent,” said David.

He believes 2010 will see a gradual increase in the volume of sales and a modest rise in prices. “People shouldn’t get too excited about price rises. As I say, any rises will be modest but that’s what the market needs. We don’t want to see sudden rises – or drops – but instead we need a steady growth which will create greater confidence among those looking to sell and buy,” added David.

As well as a full residential sales service, Boydens offers residential lettings, commercial sales/lettings, surveys and valuations and financial services.

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Braintree - Sales: 01376 342355 - Lettings: 01376 327400 Frinton on Sea - Phone: 01255 851185 Kelvedon - Phone: 01376 570335
Colchester - Sales: 01206 762244 - Lettings: 01206 762276 Ipswich - Phone: 01473 253500 Sudbury - Phone: 01787 883700
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