Articles (RSS)
BloglinesArchive for March, 2009
Bucking the Trend: Winkworth Defy the Market and Open Fourth Office this Year, in Market Deeping
March 30th, 2009
As other estate agents are shutting branches down, Winkworth have opened their fourth office this year, this time in Market Deeping. Find out more about our new office and why Winkworth are weathering the market downturn better than most…
Posted in Franchising, UK Press Releases, Winkworth Office News
Winkworth Franchisee in Hammersmith Reports a Surge in Buyer Activity
March 25th, 2009
Ian Dickson, franchisee of Winkworth Hammersmith, has seen a surge in activity from prospective buyers this year – and has even had to hire extra staff at the weekend to cope with the growing number of buyer applicants. Ian explains this emerging local trend…
Posted in Industry-related News, Property Market Comments, Property-related News, UK Market Comment, Winkworth Office News
Winkworth Borehamwood & Elstree Newsletter
March 10th, 2009
2009 has started on a much more positive note than 2008 finished on. Most of our sellers have realised that there is a need to be more flexible in the price they are willing to accept for their property, and this in turn has resulted in many more sales being agreed. Buyers have also recognised that, by putting forward realistic offers, they are more likely to get the property they want. This has resulted in a more balanced market.
Posted in Property Market Comments, UK Newsletters, Winkworth Office News
Will Quantitative Easing Ease the Housing Market?
March 5th, 2009
Today the Bank of England reduced its interest rate by half a percentage point to 0.5%, a level not seen in its entire 315-year history. At the same time, the MPC also announced plans for the introduction of the unconventional policy of quantitative easing to expand the amount of money in the system by £75bn.
Winkworth comments on today’s announcements and the combined effect they may have on our beleaguered property market.
Posted in Industry-related News, Property Market Comments, Property-related News, UK Market Comment, UK Press Releases
Market Comment by Simon Agace
March 5th, 2009
Market sentiment has improved since January with potential green shoots’ in many areas, but not all. How long will it last? Will this activity stabilise the market and reduce the economists’ predictions of further substantial falls, or will it hit the buffers? Simon Agace, founding Chairman of Winkworth, one of the largest independent estate agency groups in the UK, with over 40 years experience in the industry, examines the start of 2009 and believes we have not seen a false start, but a transition to a more normal market place.
Posted in Industry-related News, Property Market Comments, Property-related News, UK Market Comment, UK Press Releases