Any one else noticed hardly any houses on the market for sale

amyr

We're really struggling. We've been searching for over 10 months for a place to move to in our area of the countryside. Our search radius covers nearly 30 miles.

I've grown up in this area, but the influx of people relocating to rural areas has made our already struggling housing market fall flat.

We'll hold out as long as we can do, but expect to be put in the heartbreaking position where this influx of people relocating will probably going to mean we have to move out of our home county.

lady1964

If we were looking in our area now - we bought 18 months ago - with our budget & requirements, we’d be lucky to find anything apart from new builds and even then they’d be more than we wanted to pay.

There’s just not much coming onto our local market (East Yorkshire), that said, there are a few houses that don’t seem to be shifting.

Thrugelmir

Impact of Covid is constraining activity. Easy to forget that many people are simply treading water while waiting to see to what the future brings.

Only so many people can rebase themselves miles away from their place of work. Likewise over time, will the novelty wear off.  

Bonniepurple

JGB1955 said:

Where I live, in Gloucestershire, homes sell within a couple of days.  We live in an easily defined village/garden suburb (the Severn makes sure of that)! There are currently 11 under offer and 2 still available - both new builds being sold within 2 years of first purchase.  44 sold in the last two years, 14 were the 'dregs' of the new Bellway development, thankfully now completed.

Which part of Gloucestershire?  I’ve got links to Newent, Quedgeley and now live in Cam (and after 11 years of spelling Quedgeley Cam is bliss!).

Davesnave

Bonniepurple said:

JGB1955 said:

Where I live, in Gloucestershire, homes sell within a couple of days.  We live in an easily defined village/garden suburb (the Severn makes sure of that)! There are currently 11 under offer and 2 still available - both new builds being sold within 2 years of first purchase.  44 sold in the last two years, 14 were the 'dregs' of the new Bellway development, thankfully now completed.

 ..... after 11 years of spelling Quedgeley Cam is bliss!).

I guess you'd not wish to move to Woolfardisworthy then, nor Broadwoodwidger. Monkokehampton is a mouthful too. Sadly, Lustleigh is  a bit of a misnomer, but Nomansland isn't; there's b-all there!

Crashy_Time

JamoLew said:

Just you/your area.

There have been loads around here for sale the last month or 3.

Most are SSTC within a week when reasonably priced.

There are some that are over priced that havent shifted for 6 months however

Good to hear.

Crashy_Time

Thrugelmir said:

Impact of Covid is constraining activity. Easy to forget that many people are simply treading water while waiting to see to what the future brings.

Only so many people can rebase themselves miles away from their place of work. Likewise over time, will the novelty wear off.  

Unless you are crucial to an organisation you work where your boss tells you to, and if Covid can be beaten that will be at a desk in the city for most, the majority are not buying country pads they are just making sure they have a job to go back to.

Angela_D_3

Crashy_Time said:

Thrugelmir said:

Impact of Covid is constraining activity. Easy to forget that many people are simply treading water while waiting to see to what the future brings.

Only so many people can rebase themselves miles away from their place of work. Likewise over time, will the novelty wear off.  

Unless you are crucial to an organisation you work where your boss tells you to, and if Covid can be beaten that will be at a desk in the city for most, the majority are not buying country pads they are just making sure they have a job to go back to.

Have you been on LinkedIn recently?  People are refusing to return to the office.
Theres a massive candidate shortage across all industry sectors,  the tide has turned.  Several large corporations doing s u turn and people can work where they want now. 

Everyone is crucial to the organisation.  

strawb_shortcake

Not much being added in my local area (nr Bristol and semi rural) mainly new builds left unsold and a couple of older homes at the same price of the new builds but offering very little competition.

One looks lovely inside, great space and 5 bedrooms but not the best location and a bit unappealing from the outside but quite a good price.

Houses had been selling really quick, and lots of people taking to social media to try and find a home before agents got involved, but it seems to have lost some steam for now.

MovingForwards

Octothorpe said:

MovingForwards said:

I've just done a 40 mile search from where I used to rent and there's over 1500 properties currently for sale, again up to the maximum amount I could have borrowed and the respective 15% deposit. Dropping the budget down to what I actually decided to set when looking there's 714 properties within a 40 mile radius. 

That's just on one platform, let alone checking others.

Options are keep looking in whatever radius you've set, or extend your radius like some of us did.

With kids settled in school and job commute that's not an option for everyone.

40 miles is a MASSIVE search area! 😂

I had a 80 mile radius search over several counties when I was looking, then whittled it down based on train costs, as my salary wouldn't get me the mortgage needed for a £180k flat close to work and friends. Instead I compromised and moved further out knowing my train and bus commute or drive will take a while.

Even by the time I retire I still wouldn't have spent the difference I've saved by living further away from where I work in commute costs.