With a weaking confidence amongst would be house buyers homes are now sitting on the market for longer.
I spoke with a man today who is emigrating to Australia at the end of march. He has had his house on the market for 8 months with only a few viewings. As it is now edging towards the date of his move and he has had little success with selling it on the market he was in need of a quick house sale.
He was starting to feel nervous and thought he may have to delay his move. After speaking with ourselves he has agreed to the offer made which is more than enough to clear his mortgage balance and credit cards but most of all he can rest assured his house will be sold before he moves. We are now in the process of buying his house and he is making plans for his move to Australia.