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Selling Smart in a Hot Market | Aberdeen News

Selling Smart in a Hot Market | Aberdeen News

Published 4 weeks, 1 day ago
Description

Homes in Britain are selling for less than ever this July, with average asking prices dropping over £3,800 — the biggest July dip in a decade. Sellers are scrambling to stand out in a crowded market, made even tougher by summer distractions like the World Cup and scorching heat. While mortgage rates remain a hurdle, nearly three-quarters of homes sold this year didn’t need a price cut — and those that did lingered on the market for 127 days, compared to just 36 for well-priced listings. With global uncertainty still lingering, buyers are still out there — and there’s a glimmer of hope that rates might ease soon.

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