Our agent, Aaron Kernan, also acts for buyers. He buys properties for owner occupiers, investors and developers alike. Some of his clients just want help looking for a new home, some want help to evaluate a property and to negotiate the best deal. Aaron understands that for many, their home is likely to be their most valuable asset both financially and emotionally. His objective is to make every aspect of the move as straight forward and enjoyable as possible. From the first contact to the day you move home he strives to ensure our customers experience a professional, confident service provided by a motivated and enthusiastic agent.
During his 20 years in the business, Aaron has bought and sold hundreds of properties and development sites.
We are pleased to present the Northern Ireland Housing Market Update: Q2 2024 which highlights insights and trends shaping the Northern Ireland housing market over the last 3 months.
The Northern Ireland housing market demonstrated stability in the second quarter of the year. Overall prices have stabilised at an annual growth rate of 3.0%, with supply of new listings increasing by 1.0%. While sales volumes have decreased by 4.0%, the typical time to find a buyer is approximately one week faster than the long-term average, indicating strong underlying buyer demand.
High mortgage rates and the uncertainty surrounding the UK general election somewhat restrained market activity. However, with UK inflation now back to the Bank of England's target, it appears more a question of when, rather than if, interest rates will fall. Market traders are currently divided on the likelihood of the first rate cut occurring next month.
PropertyPal's latest housing market review published in July 2024 outlines the current average sales price in Northern Ireland to be £206,600. Our own district Newry, Mourne and Down continues to perform above well with an average sale price for the district of £211,300 an 3.2% increase on the 12 months previous.
Swift Survey
If you’ve found a suitable property but would like someone to run a professional eye over it before you commit further then send me an email with a link to the property advert on the agent’s website or the property portal on which it appears.
£100.00 plus VAT
Agent Advisor
Buying & Selling Advice
Up to 3,000 people buy a home every month. 90% of those who are selling get advice from an estate agent but most buyers think they can do it all themselves. Of course not everyone thinks they can afford or justify a bespoke buying service but now you can get help from my new Agent Advisor service. Help for anyone looking to transfer their pension pot or to buy or sell, to rent or let all for £500 plus VAT.
Customised Buying Service
We look for homes and development sites and seek to acquire them on behalf of our clients. As far as the law is concerned, I am an estate agent – In this instance, we act for buyers, not sellers. Some clients just want help looking for a new home, some want help to evaluate a property and to negotiate the best deal. Buying a home or development plot is one of the biggest decisions you have to make in life, and it really is worth putting in the effort to make sure you get it right. Too many people make mistakes in buying homes and land, which can affect your well-being, be a major hassle - and be very expensive.
Of course many people start off asking too much for their home or land and a third of sellers currently on the market have reduced their guide price at least once according to the website Zoopla.co.uk. One of my most recent purchase was a substantial detached house in Newry, marketed at £295,000 (bought for a client in May 2024 for £220,000 - a 25% saving).
£1,500 plus VAT