November 11, 2008
House Sales UK – Not All Doom & Gloom In The Present Downturn – It’s A Postcode Game Of Chance
Right across the country there are small areas that are still seeing home prices growing. The resilience of these areas can be put down to a mix of the following reasons. Each micro market will not of necessity have all these characteristics, but they will certainly more than one of them.
1. The micro market wasn’t fashionable enough to get caught up in the bubble effect of the last few years.
2. The micro market has very good road and rail connections to at least one important city with commercial and career opportunities and access to a broad range of cultural and sporting activities
3. It’s also in an idyllic area, in or near to areas of natural beauty with very good recreational and sporting activities
4. New or fundamentally improved Transport Connections have just or are about to fundamentally strengthen the enclaves current connections to major cities or to bring it within easy reach of more cities.
This helps to understand why a disparate group of little areas scattered right across the country, such as Anglesey in North West Wales, West Cornwall, North & North West Yorkshire Villages, Cartmel in Cumbria and parts of Blackpool on the Lancashire Coast, are all succeeding to defy the trend of the present Economic Climate, and indeed offer steady, if small, but continued growth in property values. Indeed, anyone lucky enough to already live in one of these areas has only to send out the cry “Buy my Home”, and any number of individual and professional buyers will be running to their door.
Understanding this phenomenon is extremely vital for any investor in the House Sales UK market . It’s also utterly vital for anyone trying to spot any Buy or Sell House for Cash Opportunity. It’s also extremely valuable for anyone seeking a good long term investment in a good family home where they can follow their career & bring up their children.
After all, if you think about it, it’s just common sense. You need the stable career situation provided by a not too distant and easily accessible commercial centre, and your children need the best educational opportunities you can get for them.
Therefore, whether you’re looking for houses for investment or lifestyle reasons, if you keep these features in mind, and act on them wisely, it’s still completely possible to buck even the present unhappy short term trend, and in the long term, own an asset that’s as resistant to future downturns as it’s possible to be.
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