Black Grace Cowley News...

2/2/2010

Market Comments

2010 shows early signs of carrying on where 2009 left off with higher stock levels and moderate sale levels. The global meltdown and subsequent aftershocks will be with us for some time to come. Thankfully the Irish Sea has acted as a buffer and the Isle of Man has not been affected to the same degree as the UK property market. However, it is not the time for complacency. Only a truly motivated seller is likely to achieve success as buyers seek out the best deals possible. This may be the long awaited move away from being a seller’s market but for most home owners any readjustment in pricing has a swings and roundabouts effect as long as they buy and sell in the same market. The increased supply of property gives choice and options aplenty so if you are a ready and willing buyer contact Black Grace Cowley at Douglas or Peel where we will be only too delighted to deal with your requirements.