Green shoots in the housing market

Guest blog by James Waight

Welcome to our first Chiswick property market blog of the year and decade. As the cloud of political uncertainly recedes, green shoots begin to emerge for the market.

Regardless of your political persuasion, having more clarity about the direction of our country is creating greater confidence amongst buyers. There is a huge amount of pent up demand and it didn’t take long for us to agree our first sale of the year, a lovely two-bedroom apartment in Goodwood House at the asking price.

We are hoping this positive result is an omen for the rest of the year. The mood amongst property professionals is bullish, the vast majority expect property transactions to increase and modest price growth.

Certainly the early indicators are encouraging, the number of buyers registering is up massively on last year as is the number of viewings we have carried out.

As I write this blog we have just agreed the sale of a charming house on Wilton Avenue within one week of marketing, after receiving multiple bids. This is not unusual as there is still a shortage of available properties, so now could be a prudent time to market your home.

If you would like any advice on selling, buying or renting please don’t hesitate to contact us, alternatively feel free to pop into our office on Turnham Green Terrace.

James Waight is Associate Director of John D Wood & Co estate agents in Chiswick. John D Wood & Co sponsors The Chiswick Calendar.