supply and demand Archives - Fife Properties
Fife Properties

FIFE PROPERTY MARKET UPDATE –4th – 10th Feb 2024

 

 

PODCAST: https://podcasters.spotify.com/pod/show/fife-properties/episodes/FIFE-PROPERTY-MARKET-UPDATE-4th–10th-Feb-2024-e2fldkq

 

Weekly round up on what’s driving the Fife Property market including a look at recent listings, sales and coming soon:

Article, Podcast and TV Shows written and produced this week are:

 

 

FP TV (EP 181) A NEW LOOK FOR 2024: Discover the year’s first major trends for home interiors

 Style and comfort are the perfect combination for every home – not just for quality moments, but also for adding value when you want to move.

Jim Parker and Richard Cook take a look at what is trending with home interiors for 2024 and provide hints and tips for sellers in Fife.

(Watch/Read/Listen) https://www.fifeproperties.co.uk/blog/a-new-look-for-2024-discover-the-years-first-major-trends-for-home-interiors/

 

 

 

Zoopla UK House Price Index – JANUARY 2024

Executive summary

  • UK house price inflation moderates to -0.8% on rising sales volumes
  • Strong seasonal rebound in sales activity in first weeks of January on back of pent-up demand and sub-5% mortgage rates
  • Demand up 12% year-on-year, led by London and East of England
  • Sales agreed up 13% year on year – sales up across all regions
  • Available homes for sale over 20% higher than a year ago
  • Important not to over-interpret the positive start to the year – there is some upside for sales
  • volumes, but we remain in a buyers’ market
  • A fifth of sellers having to accept more than 10% below the asking price to secure a sale, closer to 1 in 4 across southern England

(Watch/Listen) https://www.fifeproperties.co.uk/blog/zoopla-uk-house-price-index-january-2024/

 

 

 

FIFE PROPERTY MARKET: Is it a Buyers’ or Sellers’ Market?

With mortgage costs tumbling and sales on the rise, it’s a pivotal time for both buyers and sellers. But where does Fife stand in this changing landscape? Is it a buyers’ haven or a sellers’ market? For a deep dive into Fife’s property dynamics and what it means for your home-selling or buying journey, click on the link to read the full article and gain invaluable insights tailored just for Fife.

Jim Parker provides guidance for buyers and sellers in Fife as he discusses this article.

(Watch/Read/Listen) https://www.fifeproperties.co.uk/blog/fife-property-market-is-a-buyers-or-sellers-market/

 

 

 

EP 109: The Wealth Creation Show: Money, Wealth Creation and Property Investment

In today’s dynamic world, the pursuit of financial stability and wealth creation has become a common aspiration.

One avenue that has consistently proven to be lucrative is property investment, encompassing both rental income and capital appreciation.

For individuals seeking financial independence it is important to understand the intertwining concepts of money, wealth creation, and property investment.

Would you like to understand the significance of these elements in building a successful investment portfolio

Luckily, you don’t need to head back to school to understand this as Lettings Director, Richard Cook and one of the UK’s most successful property investors, Jim Parker are on hand to discuss.

(Watch/Listen) https://www.fifeproperties.co.uk/blog/the-wealth-creation-show-money-wealth-creation-and-property-investment/

 If you’ve missed the previous shows you can catch up on our channel: https://www.youtube.com/@WealthCreationShow

If you are a private client of ours, including the ongoing support you can also receive one to one mentoring on portfolio building. Please contact us to richard.cook@fifeproperties.co.uk

This is all about accelerating your wealth in 2024.

*We must point out that we are not financial advisors, and this is only our opinion of what we would do. Investments can go down as well as up so if you do want professional advice from a qualified advisor, please contact us direct and we will put you in touch with someone.

 

Zoopla UK House Price Index – JANUARY 2024 (Watch/Listen)

 

 

PODCAST: https://podcasters.spotify.com/pod/show/fife-properties/episodes/Zoopla-UK-House-Price-Index–JANUARY-2024-e2feh94

 

Executive summary

  • UK house price inflation moderates to -0.8% on rising sales volumes
  • Strong seasonal rebound in sales activity in first weeks of January on back of pent-up demand and sub-5% mortgage rates
  • Demand up 12% year-on-year, led by London and East of England
  • Sales agreed up 13% year on year – sales up across all regions
  • Available homes for sale over 20% higher than a year ago
  • Important not to over-interpret the positive start to the year – there is some upside for sales volumes, but we remain in a buyers’ market
  • A fifth of sellers having to accept more than 10% below the asking price to secure a sale, closer to 1 in 4 across southern England

 

FIFE PROPERTY MARKET UPDATE – 2nd – 8th JULY 2023 (Watch/Listen)

 

 

PODCAST: https://podcasters.spotify.com/pod/show/fife-properties/episodes/FIFE-PROPERTY-MARKET-UPDATE–2nd–8th-JULY-2023-e26o67h

 

Weekly round up on what’s driving the Fife Property market including a look at recent listings, sales and coming soon:

Article, Podcast and TV Shows written and produced this week are:

 

FURNISHED LETTINGS: Could you boost the income of your rental property by 21%?

 

To furnish or not to furnish? That hasn’t been the question for as long as we can remember – it’s been unfurnished all the way. Jim Parker and Kerin Marshall discuss the pros and cons of letting furnished accommodation.

 

(Watch/Read/Listen) https://www.fifeproperties.co.uk/blog/furnished-lettings-could-you-boost-the-income-of-your-rental-property-by-21/

 

 

Unlocking Fife’s Property Market Potential: Unveiling the Saleability Secrets!

Attention, Fife homeowners! Are you curious to know how scalable your home is in the ever-evolving Fife property market? Discover the factors that make Fife properties sell like hotcakes or linger on the market. Jim Parker unlocks the secrets of saleability and empowers you to make informed decisions. Don’t miss out! Click the link below to delve deeper into the Fife property market!

(Watch/Read/Listen) https://www.fifeproperties.co.uk/blog/unlocking-fifes-property-market-potential-unveiling-the-saleability-secrets/

 

 

ZOOPLA UK HOUSE PRICE INDEX REPORT – JUNE 2023

 

Executive summary

  • House price inflation slows to +1.2% as quarterly growth rate turns positive following pick-up in

sales activity over Spring

 

  • Quarterly price falls set to return in H2 as higher mortgage rates hit buying power by up to 20%
  • Jump in proportion of sellers having to accept discounts to asking price of more than 5% in recent

weeks rises to 42%– returning to 2018 levels

 

  • UK house prices still on track to fall by up to 5% over 2023
  • Further downside risk if we see an acceleration in supply of homes for sale that boosts choice and

further room for negotiation

 

  • Anyone serious about selling in 2023 needs to be realistic on pricing
  • Drawn out realignment of house prices and household incomes ahead

 

Jim Parker provided an insight into the latest house price index report.

 

(Watch/Listen) https://www.fifeproperties.co.uk/blog/zoopla-uk-house-price-index-report-june-2023/

 

 

Watch out for the Wealth Creation Show on Mondays @ 12.30pm live on these channels:

 

EP 79 THE WEALTH CREATION SHOW: How Important is Teamwork?

Being a lone Wolf or jack-of-all-trades in today’s world does not bring about success if you are unable to work as part of a team. For most people this is the only thing holding them back from reaching meteoric success. So how do you develop teamwork mindset and why is it so important?

 

Luckily, you don’t need to head back to school to understand this as Lettings Director, Richard Cook and one of the UK’s most successful property investors, Jim Parker is on hand to discuss the 5 reasons why teamwork is important and why it matters to you!

 

(Watch/listen) https://www.fifeproperties.co.uk/blog/the-wealth-creation-show-how-important-is-teamwork/

 

If you’ve missed the previous shows you can catch up on our play list: https://www.youtube.com/playlist?list=PLu-dtDBNhbLJvH_47QHVWEQSB0w2_KGj9

 

If you are a private client of ours, including the ongoing support you can also receive one to one mentoring on portfolio building. Please contact us to richard.cook@fifeproperties.co.uk

 

This is all about accelerating your wealth in 2023.

 

*We must point out that we are not financial advisors, and this is only our opinion of what we would do. Investments can go down as well as up so if you do want professional advice from a qualified advisor, please contact us direct and we will put you in touch with someone.

 

ZOOPLA UK HOUSE PRICE INDEX REPORT – JUNE 2023 (Watch/Listen)

 

 

PODCAST: https://podcasters.spotify.com/pod/show/fife-properties/episodes/ZOOPLA-UK-HOUSE-PRICE-INDEX-REPORT–JUNE-2023-e26jrdj 

 

Executive summary

  • House price inflation slows to +1.2% as quarterly growth rate turns positive following pick-up in

sales activity over Spring

 

  • Quarterly price falls set to return in H2 as higher mortgage rates hit buying power by up to 20%
  • Jump in proportion of sellers having to accept discounts to asking price of more than 5% in recent

weeks rises to 42%– returning to 2018 levels

 

  • UK house prices still on track to fall by up to 5% over 2023
  • Further downside risk if we see an acceleration in supply of homes for sale that boosts choice and

further room for negotiation

 

  • Anyone serious about selling in 2023 needs to be realistic on pricing
  • Drawn out realignment of house prices and household incomes ahead

 

Jim Parker provides an insight into the latest house price index report.

 

#fifeproperty #inflation #housepricerealignment #supplyanddemand

FIFE PROPERTY MARKET UPDATE – 26TH MARCH – 1ST APRIL 2023 (Watch/Listen)

 

 

PODCAST: https://podcasters.spotify.com/pod/show/fife-properties/episodes/FIFE-PROPERTY-MARKET-UPDATE–26TH-MARCH–1ST-APRIL-2023-e21jn7a 

 

#RentingToSharers #LettingLegislation #InvestmentStrategies #FifeInvestors

#fifeproperties #fifeestateagents #fifehomes #buyorrentinfife #tobuyornottobuyinfife

#fifeproperty #fifelandlords #rentalreport #undersupply #supplyanddemand

#WealthCreation #PassiveIncome #PropertyInvestment #FinancialFreedom #Compounding #WealthAcceleration

 

FP TV EP 136 RENTING TO SHARERS: How to Prepare Your Property and Get The Legals Right

Demand for rental homes rose by around 25% in 2022, and competition among tenants is hotter than ever as potential buyers wait and see what house prices will do. As rents continue to rise from a shortage of property, more and more young professional adults are looking to share a rental home in Fife to save on costs without living in a tiny space.

(Watch/read/listen) https://www.fifeproperties.co.uk/blog/fp-tv-ep-136-renting-to-sharers-how-to-prepare-your-property-and-get-the-legals-right-watch-read-listen/

 

Continue reading FIFE PROPERTY MARKET UPDATE – 26TH MARCH – 1ST APRIL 2023 (Watch/Listen)

ZOOPLA UK RENTAL MARKET REPORT – March 2023 (Watch/Read/Listen)

 

 

PODCAST: https://podcasters.spotify.com/pod/show/fife-properties/episodes/ZOOPLA-UK-RENTAL-MARKET-REPORT–March-2023-e21d6s0

 

Executive summary

  • Rental inflation has slowed to 11.1%, from a high of 12.3% in mid-2022
  • A strong labour market and record immigration drove demand in 2022. Private rented housing supply has grown just 1% since 2016
  • Higher mortgage rates have further weakened the economics of investing for landlords, impacting new investment in rental supply
  • Landlords ‘searching for yield’ to offset rising costs will push some to let into different sectors of the private rental market
  • The growth in overall rental supply is set to remain limited in 2023. Demand is expected to remain above average but lower than 2022
  • Rental inflation for new lets will slow to 4-5% by the year end. The slowdown could be rapid in inner London and other city centres.

 

 

FIFE PROPERTY MARKET UPDATE – 6th – 12th Nov 2022 (Watch/Listen)

 

PODCAST:  https://anchor.fm/fife-properties/episodes/FIFE-PROPERTY-MARKET-UPDATE–6th–12th-Nov-2022-e1qmv8d

 

Weekly round up on what’s driving the Fife Property market including a look at recent listings, sales and coming soon:

Article, Podcast and TV Show written and produced this week are:

 

Continue reading FIFE PROPERTY MARKET UPDATE – 6th – 12th Nov 2022 (Watch/Listen)

What will Rishi Sunak as PM mean for Fife house prices? (Watch/Read/Listen)

 

PODCAST: https://anchor.fm/fife-properties/episodes/What-will-Rishi-Sunak-as-PM-mean-for-Fife-house-prices-e1qgcm5

 

I often get asked what is going to happen to Fife house prices.

Many things affect house prices, and it comes down to simple supply and demand.

On the supply side of the equation, in the short-term, the number of people wanting to sell their property at any one time has a massive effect on house prices.

 

Continue reading What will Rishi Sunak as PM mean for Fife house prices? (Watch/Read/Listen)

FIFE PROPERTY MARKET UPDATE – 2nd – 8th Oct 2022 (Watch/Listen)

 

PODCAST: https://anchor.fm/fife-properties/episodes/FIFE-PROPERTY-MARKET-UPDATE–2nd–8th-Oct-2022-e1p0vci

 

Weekly round up on what’s driving the Fife Property market including a look at recent listings, sales and coming soon:

Article, Podcast and TV Show written and produced this week are:

 

Continue reading FIFE PROPERTY MARKET UPDATE – 2nd – 8th Oct 2022 (Watch/Listen)

FP TV (EP 111) AUTUMN MARKET VIEW: Planning your spring move now could save you time and money (Watch/Read/Listen))

 

PODCAST: https://anchor.fm/fife-properties/episodes/AUTUMN-MARKET-VIEW-Planning-your-spring-move-now-could-save-you-time-and-money-e1ovcra

 

Well, that was quite a week for the property market! Although it’s always a hot topic in the press, the amount of coverage last week was completely off the scale.

 

However, as the dust begins to settle after the mini budget, you might be wondering what it all means if you’re planning to sell your home, either now or early next year.

 

Continue reading FP TV (EP 111) AUTUMN MARKET VIEW: Planning your spring move now could save you time and money (Watch/Read/Listen))

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