Reflecting on the year 2023
Despite facing various challenges, 2023 has witnessed a notable expansion of our market presence in Norwich. Furthermore, we are poised to report a modest increase business compared to 2022.
The key driver behind our success this year lies in our experienced sales department, collectively boasting over 100 years of expertise in the market. The last quarter, in particular, has marked a significant upswing in sales compared to the final quarter of 2022.
As we transition into 2024, there are promising indicators, with lenders beginning to reduce interest rates and the mortgage market intensifying in competitiveness.
This may present an opportune moment for those contemplating a move. Both sellers and buyers are increasingly recognising the value of realistic pricing, understanding that a timely sale aligns with the relative pace of their onward purchase—echoing the sentiment that “what you have lost in one hand, you have gained in another.“
Looking ahead to 2024, the outlook appears to be a continuation of the trends observed this year, with hopes for housing prices to stabilise and confidence to gradually build.
The entire sales department seizes this occasion to extend warm wishes for a Merry Christmas and a Happy New Year to everyone! Whether you’re considering a move in the New Year or simply curious about your current property value, please don’t hesitate to reach out to us for a complimentary and no obligation FREE valuation.
