Most Popular
1. Banking Crisis is Stocks Bull Market Buying Opportunity - Nadeem_Walayat
2.The Crypto Signal for the Precious Metals Market - P_Radomski_CFA
3. One Possible Outcome to a New World Order - Raymond_Matison
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
5. Apple AAPL Stock Trend and Earnings Analysis - Nadeem_Walayat
6.AI, Stocks, and Gold Stocks – Connected After All - P_Radomski_CFA
7.Stock Market CHEAT SHEET - - Nadeem_Walayat
8.US Debt Ceiling Crisis Smoke and Mirrors Circus - Nadeem_Walayat
9.Silver Price May Explode - Avi_Gilburt
10.More US Banks Could Collapse -- A Lot More- EWI
Last 7 days
Stock Market Volatility (VIX) - 25th Mar 24
Stock Market Investor Sentiment - 25th Mar 24
The Federal Reserve Didn't Do Anything But It Had Plenty to Say - 25th Mar 24
Stock Market Breadth - 24th Mar 24
Stock Market Margin Debt Indicator - 24th Mar 24
It’s Easy to Scream Stocks Bubble! - 24th Mar 24
Stocks: What to Make of All This Insider Selling- 24th Mar 24
Money Supply Continues To Fall, Economy Worsens – Investors Don’t Care - 24th Mar 24
Get an Edge in the Crypto Market with Order Flow - 24th Mar 24
US Presidential Election Cycle and Recessions - 18th Mar 24
US Recession Already Happened in 2022! - 18th Mar 24
AI can now remember everything you say - 18th Mar 24
Bitcoin Crypto Mania 2024 - MicroStrategy MSTR Blow off Top! - 14th Mar 24
Bitcoin Gravy Train Trend Forecast 2024 - 11th Mar 24
Gold and the Long-Term Inflation Cycle - 11th Mar 24
Fed’s Next Intertest Rate Move might not align with popular consensus - 11th Mar 24
Two Reasons The Fed Manipulates Interest Rates - 11th Mar 24
US Dollar Trend 2024 - 9th Mar 2024
The Bond Trade and Interest Rates - 9th Mar 2024
Investors Don’t Believe the Gold Rally, Still Prefer General Stocks - 9th Mar 2024
Paper Gold Vs. Real Gold: It's Important to Know the Difference - 9th Mar 2024
Stocks: What This "Record Extreme" Indicator May Be Signaling - 9th Mar 2024
My 3 Favorite Trade Setups - Elliott Wave Course - 9th Mar 2024
Bitcoin Crypto Bubble Mania! - 4th Mar 2024
US Interest Rates - When WIll the Fed Pivot - 1st Mar 2024
S&P Stock Market Real Earnings Yield - 29th Feb 2024
US Unemployment is a Fake Statistic - 29th Feb 2024
U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - 29th Feb 2024
What a Breakdown in Silver Mining Stocks! What an Opportunity! - 29th Feb 2024
Why AI will Soon become SA - Synthetic Intelligence - The Machine Learning Megatrend - 29th Feb 2024
Keep Calm and Carry on Buying Quantum AI Tech Stocks - 19th Feb 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Why it is Often Difficult to Sell a House Fast

Housing-Market / UK Housing Sep 15, 2017 - 12:25 PM GMT

By: Boris_Dzhingarov

Housing-Market

It is indeed often quite a chore-like process, trying to sell a home for a decent price, without having to cut down on the actual worth of the home so much that you do not make as much profit as you would otherwise need to relocate to a nice home.

When attempting to sell your home quickly, there are some factors which may hinder such a process. This article will look at some of the reasons why such an undesirable sluggishness befalls your sales process.


You should never give up hope, however, as there are plenty of other options beyond the standard ideation involving the sale of homes. There are plenty of valued private sales which you can enact, which will ensure that your home is sold in the shortest possible time period imaginable.

A Faltering Economy

Before we look at any reasons, we need to address the most pertinent issue that has currently devastated the property markets in many parts of the world: a faltering economy. It is no secret that we have all been struggling over the past few years.

Salaries are constantly being cut, investments are being relocated, and companies across all sectors are struggling. This then obviously means that most people are not going to have as much money as they would like to buy new and expensive homes.

This is a reality which you will just have to face up to - there is nothing that you can do if the average buyer that you are looking to sell to simply cannot fork out as much as they would otherwise be able to a few years ago.

A Depreciating Value

Each district, borough, or suburb and the properties within such zones are constantly at the whim of the relevant overall value attached. Such a value rises and falls with the rate of investment and development involved in a specific area.

If your suburb has not been chosen as a site for potential development, then it will unfortunately not be worth as much as those that are being built upon. While this may not always mean a depreciation in value, it will certainly not be boosted.

You will now have to face the reality of such a climate. An area that has been abandoned by both municipal and private property development will not be as favoured by smart buyers, who will be looking for properties with a future filled with growth and inflated value.

Crime

Even if your house is equipped with all manner of alarm systems and security measures, if your suburb has indeed become infested with burglars and the like, even if the overall value does not decrease, many people will be repulsed from purchasing your home.

Crime is undeniably one of the most horrible things to endure in a suburb, and if your area has indeed seen a rise in break ins and the like, you may indeed have a lot of trouble convincing people that living in your home is a feasible option.

By Boris Dzhingarov

© 2017 Copyright Boris Dzhingarov - All Rights Reserved
Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in