Liverpool Property News
Need to move
Home moves can be triggered by dreams and desires as much as necessity – as proven by the post-Covid trend for lifestyle change.
However, almost a third of moves were ‘needs-based’ according to a survey of 10,400 home movers by the Property Academy in summer 2022, prompted by a growing family, job relocation, divorce, ill health or bereavement.
Needs-based buyers will present sales opportunities, while discretionary buyers, including many first-time buyers and some investors, may wait for improvement in mortgage lending conditions.
The October RICS survey indicates a further downward trend in buyer enquiries and sales, with national house price growth halting. Prime markets where cash buyers are active could see inflation in house prices. Source: Dataloft, Property Academy Home Moving Trends Survey 2022, RICS
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About The Blog
This Blog looks at what is happening in Liverpool, the property market, events and community news along with investment ideas and tips for those loosing to invest in the area.
Gill Bell - Editor
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