Cautious Optimism in the Frome Property Market

By Guest author

6th Apr 2023 | Local News

Is everything just perfect in the Frome property market ?
Is everything just perfect in the Frome property market ?

As the British and Frome property market navigates the ongoing economic turmoil, many Frome homeowners and landlords may feel uncertain about the future.

However, up-to-date data suggests that the 2023 property crash predicted by the many newspapers and the usual clickbait doom-mongers in the lead-up to Christmas on social media, may not be as bad as initially thought, and there are reasons to be cautiously optimistic.

According to property website Rightmove, the average asking price of a home for sale in the UK rose by just £14 in February.

While this might sound like cause for concern, asking prices remaining flat rather than falling could be seen as a positive sign for the year ahead. Remember that they are only what people are asking (not necessarily achieving).

So, what exactly is happening in the Frome property market?.. Read more HERE

     

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