I HEARTCornwall - the North Cornwall property blog...

Sell With Confidence

noreply@blogger.com (Simon) — Fri, 27 Jan 2012 16:17:00 +0000

Figures released this week report that the UK saw just 869,000 house sales in 2011, a fall of 1% on the previous year and around half of sales recorded 5 to 6 years ago. So what does this mean for you? Should the short lived moment of optimism for the housing market recovery be replaced with uncertainly once again? Statistics such as this are useful but can also be misleading and certainly when based on a national scale. You’ve seen the news, you’ve read the articles, you’ve talked to the ‘experts’, you may have even read a blog or two! With contrasting media comment, opinion and reporting, who should you believe?

I’ve no doubt the market has been turbulent for several years now and will continue to be for sometime to come. As I mentioned in a previous blog back in October, there had been encouraging signs of recovery for the housing market in North Cornwall and the last four months of 2011 proved that with impressive levels of sales and one of our busiest periods for 5 years. I won’t lie to you and say that 2012 has started with a bang, its going to be a slow burner for the coming weeks but I fully expect the local market to be up and running again by the spring with a raft of new properties available and motivated proceedable buyers waiting in the wings. Indeed, we have seen a large number of potential purchasers registering recently looking to buy but with so much sold before Christmas there is a real shortage of quality property on offer.

The market seems to have levelled out in recent months and certainly prices won’t fluctuate too much in the short to middle term so if you are thinking of selling, maybe now is the time. A lot is said about buyers having confidence in the market and the phrase ‘buy with confidence’ is used frequently. But now the time has come to ‘sell with confidence’ as well.

Merry Christmas from all at Jackie Stanley

noreply@blogger.com (Simon) — Fri, 23 Dec 2011 12:41:00 +0000

After an extremely busy run-up to Christmas and a record number of sales for this time of year, we look forward to 2012 with great interest and expect to see the recent flurry of activity continue. But before that, Jackie Stanley and all her staff would like to sincerely wish you all a very Merry Christmas and a prosperous New Year.

noreply@blogger.com (Harbour Holidays) — Tue, 08 Nov 2011 10:47:00 +0000

Jackie Stanley Estate Agency are sponsoring Nicky Turriff from Harbour Holidays in Padstow to cycle across Jordan from 19th-26th November , 450km in aid of The Samantha Dickson Brain Tumour Trust (SDBTT) set up in 1996 by Neil and Angela Dickson following the tragic loss of their daughter Samantha from a brain tumour at just 16 years old.   SDBTT is the largest adult and childhood brain tumour charity dedicated to research and support in the UK.
They give terrific support to sufferers and their families and also fund a full time research laboratory based at UCL in London.
Follow her adventure on our twitter we wish her the best of luck!

State Of The Market - October 2011

noreply@blogger.com (Simon) — Sat, 15 Oct 2011 10:47:00 +0000

After a frustrating summer of relative inactivity in the market place, autumn has suddenly brought an influx of new potential, motivated & proceedable purchasers. Add in to the mix buyers who have decided to make their move after months of searching and some vendors
finally willing to lower their price expectations, it has given us a buoyant post summer period. These are encouraging signs but recovery is still a work in progress and sellers and buyers alike need to be aware of that. In the meantime, realistic asking prices and lower price expectations are the way forward if you are going to sell in these tough market conditions. And that is not a bad thing. Reports suggest up to half of properties lingering on the market are around 20% over priced, and with the amount of information now available from market commentators, property blogs and media analysts…..buyers know this. Buyer confidence has a massive influence on the state of the market, but realistic pricing is the key. Even in a market such as this, a vendor with sensible expectations and a property with the correct price tag will sell sooner rather than later.

Right time to buy?

noreply@blogger.com (Tim) — Fri, 07 Oct 2011 13:24:00 +0000

I don’t think I can remember a period in property that has asked so many questions of the market before, and the truth is that with the economic climate as it is the questions aren’t over. Is money safer in property than bonds, guilts, shares or gold? Rumours of toxic bonds, economic collapse, less gold reserves than the traded quantities abound. How many of these will become “toxic” in the coming months?

No one knows! What i know is that I like property. It is real, I can understand it, I can touch it, a banker can’t make it disappear, and in the long term it is always in limited supply.

So property is probably the only investment option for which long term increases are assured, so to my mind, when you find the right property, at a fair price, don’t worry about the market, buy with confidence.

Post by: by Tim Stafford 06/10/11

Good time to buy?

noreply@blogger.com (Tim) — Wed, 06 Apr 2011 13:55:00 +0000

With sales and completions still well below the boom years there has never been a more challenging time for buyers and sellers alike. In our experience making the sale requires a realistic and flexible seller, and a committed buyer.

So should you buy or hold on? Well i think you have to look at why you are buying. Property is a long term investment and what we can be sure of is in the long term, especially with rising inflation, is that property will go up in value. Perhaps what is more useful is to stop focussing on value and look at income. In recent years property incomes have far outstripped savings, and this is likely to continue even with inflation looming. The holiday letting business remains buoyant and is less hassle than most people think, especially if they are willing to hand the management over to some of the local specialists. So my advice, if you see a house you like, now IS the right time to buy.

So is it the right time to sell? Some might say the market is at the bottom, others that a double dip is still not out of the question. I think sellers should evaluate their reasons for selling and if the opportunity value of releasing capital will provide more income, then sell. If one is selling and buying then it really is always the right time to sell as you will be buying in the same market conditions and therefore values are relative. If on the other hand you have a clear value in mind, and will not consider the current market adjustments then the best thing to do is not even to market your property, as one thing that will always demotivate buyers is a glut of overpriced properties with no real intention of negotiating to a realistic price.

My advice is listen to an experienced estate agent or surveyor; we did a few months ago and we sold to the first people who viewed with Jackie and are now happily settled in to our new home.

Welcome to the Jackie Stanley blog

noreply@blogger.com (Paul) — Tue, 29 Mar 2011 11:23:00 +0000

Welcome to the blog of North Cornwall estate agency, Jackie Stanley. This first post is from the web design team at The Drawing Board. We hope that this blog will develop into an informative and fun read those that are passionate about all things property!