While the overall housing markets have cooled down a good bit since the peak of the COVID-19 pandemic moving frenzy, there are still certain areas where the housing market is red-hot. According to Greycoat real estate experts, you have to know where to look in order to find deals in the housing market throughout the UK right now.
Some of the hotspots for mortgages and homes right now include Halifax, Powys, and Wales to name a few areas of the market where home prices are increasing and the housing market is still thriving. According to Greycoat, these areas are generally areas that also provide residents with a lot of different opportunities.
Overall, opportunities for jobs and have quality schools where families want to send their children. The UK housing market does not always perform as one entire entity. But, Greycoat assures, different pockets and sectors of the market will perform better than others during certain periods of time.
Many areas might be seeing a squeeze on housing affordability, but other areas are found to be more affordable, which means better home sales and higher rates of selling homes in some areas than others. And this all, guided by experts at the Greycoat Real Estate agency.
It depends also on the demand among buyers, and if it remains strong then markets are likely to do well for a longer period of time. Some communities also benefit from being more metropolitan or rural, based on the population in that area and what they are looking for when they move into a new home. Whatever the trend is, Greycoat will be there to guide buyers throughout the whole process.