February 20, 2009
Steep Decline In New Build Asking Prices Comes To A Holt In December
Developers are starting to put and end to incentives being offered in order to entice buyers of new build properties.
Typically, December is the month when many developers are keen to offer discounts to buyers, in order to clear stock and help stimulate sales in what is generally a quiet time. December 2008 was different.
New homes are being marketed at higher values than re-sale property offering, in many instances, greater peace of mind for buyers as most come with NHBC warranties offering protection for any serious defects within the first 10 years after build.
Energy efficiency is also becoming more important due to the recent introduction of EPC's.
