Despite all the current turbulence in the economy the local property market is much busier than it has been for some time with a good number of new homes entering the market and sales being agreed at sensible prices.
The estate agents who were asked to carry out valuations in the Easter/Bank holiday period are now being instructed to offically market the new properties. The market is not becoming over supplied, this is simply helping to correct the great imbalance of sellers and purchasers in the upper end of the housing market where demand has been completely outstripping supply.

In order to be accepted as a serious buyer one needs to be in a position to proceed. If the current home needs to be sold before a purchase can be made, get onto the market and consider the possibility of renting when a good proceedable offer comes along. Cash is king in the current climate and the number of cash buyers in the Sussex market has increased dramatically. In 2005 cash purchases made up only 15% of the total transactions in the property market, this figure is currently running at 50% in the South East of England.

Summing up, the Sussex and Kent housing market is showing promising signs that the summer months will be a healthy and busy time.