Market condtions in Clydebank improving this week?
At present there are around 400 properties for sale in the Clydebank area listed by the four main agents:
Mchugh and Co, Caledonia Bureau, Clydebank Estate Agents and Remax.
Over the last few weeks there has not been a great deal of movement overall and properties are listing for much longer, but recently in the last couple of days in my area of clydebank I have notcied that four properties now have a sold sign on them, perhaps we are now bucking the trend and this could be the beggining of an uptrend, will have to monitor the situation closely, but it looks like there might be light at the end of the tunnel.
If you have a property on the market for sale and really cant shift it, then perhaps an idea could be to let it out, the rental market is having a huge upturn just now as demand for rental properties is soaring, as not many purchasers are able to either obtain a mortgage or willing to pay ridiculous interest rates on offer at the moment from the lenders, monthly rental prices across the board are up 25% on this time last year, this could be a last resort for sellers that at least could cover the monthly payments of the property until the market and global credit crisis settles and buying activity starts to happen again.