March 9, 2009
How To Know If The Property Market Is Picking Up
Here's six quick tips to let you know if it's ripe for investing in property in your area:-
- Are there lots of skips - usually indicates a flourishing property market.
- The number of estate agents boards - how quick is the sold sign going up?
- Monitor houses for sale - see how long they remain on the market.
- Track the relationship between asking and selling prices - as soon as they start going for near asking prices you know things are on the up.
- Online checking - use web based search sites including globtrix.com
- Monitor local auction sites - are reseves being reached?
Simple but deadly effective!! This is a simple property investment excercise worth its weight in gold