TR respond to UU Survey
Templeton Robinson, Ballyhackamore
Templeton Robinson’s response to Ulster University Survey Report headlines:
The market overall is continuing to stabilise with the numbers of houses sold improving , the expected , seasonal ,slow down in the run up to Christmas ,never materialised.
This clearly demonstrates there is an appetite for home ownership which is what traditionally drove our market pre the boom years. Monthly costs to rent now are similar to mortgage repayments of a 200k mortgage, it is now about a lifestyle choice rather than waiting for short term value adjustments similar to stock market trading.
We have also noticed since Christmas a huge upsurge in enquiries viewings and offers being recorded with a number of sales between 1 and 2 million pounds during December 11 as market stock rebalances. Our company alone saw Jan 12 take 10 million in stock off our books so the opportunists are clearly ready to make their move!