2019 was a tough year for many fellow developers/ home stagers. Listings in the UK housing market last year were down 8% on the previous year, according to property portal Rightmove.
This is because the dominant feature of the market in the last 12 months has been caution. Many potential sellers decided to stay put, amid political and economic uncertainty, amid the Brexit debate and general election.
The consequence meant developers in 2019 started to purchase furniture out right, rather than renting.
2020 is different. The result of the general election has brought a level of political certainty and a clear route, in the short-term at least, for the Brexit process. Many experts suggest this could play out in the housing market with the release of some pent-up demand among buyers and sellers. People who put off making one of the biggest financial decisions of their lives may now feel more confident in making that step.
As a result, they are mostly predicting that house prices will rise by 2% from the start to the end of 2020.
And of course that’s great news for us Home Stagers & Developers/Home sellers.
In fact, just a few days into January, and I’m already seeing the grind and buzz again from my clients. The industry will get back on track more than ever. 2020 is a new beginning, a new decade, so let’s roll up our sleeves for the most exciting year ahead!
To find out more about Lazer Levy and his team at LJ Interiors please visit their website: www.ljinteriordesign.co.uk