Traditionally, the first week of January is a bit slow for new listings, as people get their new year started, but, throw in a lockdown order, and, things really slow down! As of this morning, there are a total of 208 active MLS listings in the City of London. That's extremely low for a City with a population of roughly a half million.
As you can imagine, that means that it's pretty easy to sell a house right now.
Given the current SUPER low mortgage rates, it's also pretty easy for buyers to afford to get into the market. The difficulty for them comes with the competition ~ there are more buyers than inventory.
But, having said that, as a seller, you still want to present your home in it's best light! That's going to translate into the highest dollar possible, and, given your home is likely your biggest asset, isn't that the goal?
If you have no plans to sell, the fact is, we are all spending WAY more time at home than ever before. "Home" has become the centre of our lives, literally. So, it stands to reason that we want it to be the most comfortable place in the world, especially right now.
In light of all this, and, after the chaos of this first week of January 2021, I thought we could all use a bit of an escape. Why not check out the latest design trends? It's interesting how our wish lists have changed over this past year!
Whether you're selling or not, there's some great ideas in this video ~ either to prepare for market, or to prepare to snuggle up at home this winter. Enjoy!