News
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How will the spending cuts affect the rental sector in Durham?
November 24th, 2010
Last time we looked at how Durham estate agents are expecting to see the sale prices of Durham houses fall when the spending cuts come into effect. However, Durham property prices will affect not only those who are trying to sell their homes, but those who are trying to rent them too.
Combining the issues of [...] -
How will the spending cuts affect sales of Durham property?
November 10th, 2010
Earlier this month the chancellor announced in more detail the various ways in which the government will reduce spending. The announced cuts will have repercussions not just in the sectors experiencing them, but across society as a whole including the housing market.
The announcement receiving most attention is of course the proposed job losses across the [...] -
Durham: rents higher but selling prices flat
October 18th, 2010
The property market in Durham City is currently offering interesting opportunities to Buy-to-let investors who have access to finance. Selling prices may be flat and 20% below their market peak, but rents are increasingly strongly, with a real shortage of Durham apartments and houses available to rent. Definitely something worth thinking about, especially if your [...]
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Durham Property Newspaper Advertising – Dead or Just Asleep?
October 7th, 2010
An estate agent recently had a rather unusual experience. He arrived with prospective buyers to do a viewing at a very big house and was surprised to find the female owner fast asleep on the sofa in the lounge, even though the viewing had been arranged in advance. Rather than disturb her, he showed his [...]
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Recommended Skiing Holiday this Winter
September 24th, 2010
If you want a realistically priced skiing holiday this winter then I can strongly recommend Pamporovo in Bulgaria. Try the UK-based Snow-White Skiing. They are excellent: friendly, helpful and efficient. http://www.snow-white-skiing.co.uk/
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Why overpricing may leave you out of pocket
September 9th, 2010
As a seller, it is tempting to accept the highest valuation you receive from a Durham estate agent . However, there are sound reasons why you should avoid overpricing your home initially, as overpriced homes often end up selling for less than they otherwise would.
First, buyers buy by comparison. Why should they buy your Durham [...] -
Working in partnership with your estate agent
September 7th, 2010
When the time comes to sell your Durham property it is important to ensure that you entrust the sale to a reputable estate agent if the stress of selling is to be minimised.
However, the most successful sales tend to be those where the seller and agent work hand in hand during the marketing process. Here are some [...] -
Market Outlook
September 6th, 2010
Property prices are highly sensitive to market fluctuations and always reflect the balance between supply and demand.
Earlier this year we saw a degree of price stability and even some modest gains due to demand outstripping supply. Buyers, frustrated after two years of confusion started to re-enter the market, only to be met with a scarcity [...] -
A Summer Breeze… for Burglars!
July 21st, 2010
When the weather is good, there’s no beating a British summer. It’s the time to enjoy barbecues, outdoor entertaining, children splashing in the paddling pool and balmy evenings. However, because there is never any guarantee of really hot weather, Durham houses tend not to have air conditioning, unlike other countries where sweltering summers are inevitable.
So [...] -
Should I sell during the summer holidays?
July 8th, 2010
Some sellers feel that if they have “missed” the spring market, then they should wait until September before selling their Durham property; but there are solid reasons for marketing your home during the summer.
Firstly, your Durham house is likely to look its very best. The bright days and long evenings mean that your accommodation will [...]
