Are things finally "on the up"?
The trees are out, the sky is blue and spring is well and truly upon us. Further cheering news has recently appeared in the form of a release by the ASPC which has been compiled by the Centre for Real Estate Research at the University of Aberdeen Business School, which tends to suggest that after years of being “in the doldrums” finally we are seeing “fresh shoots” of activity in our property market.
Let’s not get carried away, since prices are not reaching to the stars anytime soon, but certainly some areas of the market are experiencing considerable demand with closing dates once again being “the norm” rather than perhaps the exception.
The release confirms that for a seller, flats still remain more problematical with supply continuing to exceed demand. That said, it has perhaps seldom been a better time for a first time buyer/buy to let investor to get involved with a purchase. Every cloud potentially has a silver lining…
For those who wish to read more into the latest Aberdeen Housing Market Report, please click here.