Tag: supply and demand

 

 

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.