The Latest News from Corum

Property News

Here you will find all of the very latest news from the Scottish property market and on all things Corum.

When Selling Homes, The Human Touch Is Key...

In an always-on discount culture focused on perceived economy, it is easy to see why the estate agency industry currently faces serious challenges. With many now accepting the idea that houses can be bought and sold like any off-the-shelf product, it might look like there is no room for a different narrative in our highly competitive world. When flashy online providers started making news headlines with shockingly low prices and exciting new tech, the future of traditional agency services started looking rather grim – mainly to the people inside the industry. In an attempt to steer things in the right direction, corporate and online property agents seem focused on delivering the lowest-cost provision for customers, no matter what. This is one of the reasons why many high-street estate agents face financial difficulties: the inability to generate enough profit to thrive as a result of something akin to an all-out war on price. While a low price/high volume strategy might work for ...

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Strong Corum Performance In Ayrshire Bucks Market Trend

Despite media talk of interest rate rises the spring/early summer property and the cold snap in February the property market in Ayrshire went into overdrive during the traditional spring market. Accurately priced property at all price ranges achieved selling times of less than four weeks and one in four of our sales went to closing date ( ie  multiple offers )    Whilst the majority of sales was concentrated at the lower to mid price range level activity strengthened at the middle and upper price level during May and June. Our Ayr branch completed a record 100 sales during the period. Eight sales were recorded between £800,000 and £1,500,000.   Strong employment figures, competitive mortgage rates, and a rising stock market have markedly improved confidence. An extension to the Help to Buy scheme has supported house builders which correspondingly has a knock on effect for the second hand residential market as higher new build prices help push up nea...

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