If you’re in the market to buy or sell a home, you may have noticed that the housing market in the South West has cooled over the past year. Homes are still selling, but it’s taking longer, and sellers aren’t seeing the same rush of offers that appeared during the post-lockdown boom. Higher mortgage rates and fewer people relocating from big cities mean buyers are being more cautious, and many are waiting to see what happens next. So what does this mean for sellers across Devon? Essentially it means timing and strategy matter more than before. When the property market feels slow and unpredictable, you really need to think about what you need from the sale – that means looking at your motivation and prioritising what’s important to you. Is it important that you get a quick sale for example, or is getting the best price the thing? People do still want to move to Devon Just not as quickly! The South West is always going to be popular because of its coast, countryside and slower pace of life. That hasn’t changed and isn’t about to any time soon.
12 Beautiful Villages in Devon You Should Move To…