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By theteam, 21 November, 2022
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BACK TO JOURNAL

March Market Comment

01/03/2022

Who remembers the boom and bust property markets of the early 1970s or the late 1980s? Who remembers the MIRAS debacle in 1988 and 15% mortgage interest rates? More people will remember recent mini booms and busts, general elections, Black Wednesday, the Scottish referendum, the banking crisis, Brexit and, of course, the global pandemic. Over the years all these events, large and small, have affected the market to a greater or lesser extent.

So, if anyone is waiting for the property market to get back to normal they will wait a long time as there is no normal property market. In property we have to play the cards we are dealt. Sometimes the market will benefit the buyer, and sometimes the seller. In all these years the market has never suited both buyers and sellers at the same time. But then what you lose on the swings you gain on the roundabouts.

It is essential to understand that the market is continually in flux. We now have the challenge of low stocks of property for sale, increasing interest rates and property values in some areas rising steeply. Will this continue? No. Why? Because nothing continues unchanged in property for long. Things are constantly moving.

So, our advice is to play the property, not the market. Find a deal that works for you. Please don’t wait for the market to normalise; it won’t. Do not try and wait until we have reached the top of the market to sell, because when you think that the market has reached the top, it will already be too late. Winning in property is finding the right property deal for you when you need it. Put another way, would you rather have a perfect property or a perfect market? I know which I would choose.

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By theteam, 11 October, 2022
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"Everyone at Caldwells have been so supportive and friendly, Jeremy, Julian and all their team. Thank you so much for dealing with the sale of my property in Lymington. I have no hesitation in recommending them."

Mrs W
By theteam, 11 October, 2022
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"Caldwells have been brilliant from start to finish. I feel like I have utilised the expertise of every member of this incredible team. So a big thank you to Julian, Jeremy and Jess who all had a hand in this sale. I never felt any pressure to put the house on the market and the first hand advice I received before making any decisions was brilliant and really appreciated. House under offer within a week due to the hard work of every member of the team and I felt reassured throughout the selling process. Thank you to everyone. Thoroughly recommend."

Mr S
By theteam, 28 October, 2022
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"I would recommend Caldwells Estate Agents, they took excellent pictures of our house and an amazing video. They were very professional and the communication was great from start to finish when they sold our house for us."

Mrs C
By theteam, 28 October, 2022
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"To Jeremy, Many thanks for all your advice. With kind regards." 

Mr & Mrs C
By theteam, 28 October, 2022
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"Dear Jeremy and the Caldwells team, Just wanted to say a big thank you for all your help in purchasing my property, very much appreciated."

Mr F
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sales@caldwellsnewforest.com
01590 675875
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Lymington office
Beaufort House,
69 High Street,
Lymington, Hampshire
SO41 9AL
Tel: 01590 675875
Email: sales@caldwellsnewforest.com
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41-43 Maddox Street,

Mayfair, London
W1S 2PD
Tel: 020 7467 5330
Email: info@mayfairoffice.co.uk

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