Rightmove finally acknowledging the reality of the market Some sellers remain optimistic about their price expectations as sales at the top end of the market begin to lag, Rightmove has warned.It comes as the latest Rightmove House Price Index showed the average price of all types of property coming… Read More »Rightmove finally acknowledging the reality of the market
Unloved Properties 2 Bed Terraced Durham Cotsford Park Estate, Horden, Peterlee, Durham, SR8 4TA This property in Durham has been listed on Rightmove since the 13th July 2010. The listing states that the property has been recently renovated, perhaps it will now sell. Key features NO FORWARD CHAIN 2… Read More »Unloved Properties 2 Bed Terraced Durham
There’s been a very significant increase in the number of listings carrying virtual viewings, accelerating during the period of the Coronavirus crisis and lockdown.
The Say No To Rightmove campaign, which expects to have some 3,000 offices signed up by the end of the month, has been accused of lacking long-term vision. And the agent behind the campaign – Rob Sargent, chief executive of the Acorn agency group operating in London and parts of… Read More »Say No To Rightmove campaign “lacks long-term vision” says portal boss
Rightmove and Knight Frank are today both calling for a series of government incentives to kick-start the market after the Coronavirus lockdown ends – and a stamp duty holiday is the number one suggestion from both companies.
Investment bank RBC Capital has downgraded its rating of Rightmove and is warning that the property market is entering a prolonged downturn with agency closures on the horizon. The bank has cut Rightmove’s share price target from 550p to 440p. In an advice note to investors it warns: “The likelihood of… Read More »Rightmove downgraded as bank warns of agency closures accelerating