Are you looking to move in 2022? The market remains active as demand continues to outweigh supply. We've never seen the property market as hectic in Peebles and surrounding areas as it has been over the last 18 months and the early signs are that this may continue in 2022.
Many experts are now predicting house price rises of around 3-4% next year. This is due to the huge number of home-hunters looking to move home, and not enough properties available to buy; this imbalance is currently pushing the prices up.
During the months of November and December we have noticed an increase in the number of people requesting a home valuation, compared with the same period last year, implying that more homeowners are deciding to come to the market in the first half of the year.
People now place a higher value on their homes, having spent more time in them than ever before through flexible and home-working, which look set to continue, and this has encouraged homeowners to make bigger moves and indeed into areas like Peeblesshire. Beautiful towns like Peebles, Innerleithen and West Linton were already attractive to buyers but the property market surge over the last 18 months has certainly intensified this.
To discuss how we can help you on your buying or selling journey for 2022, contact our Estate Agency team today: