Residential market is returning to pre-recession activity

Wilkinson Grant & Company has made two new full-time appointments at its highly successful Topsham branch.

Negotiators Greg Cross and Bella Craddock join the Topsham team following a hugely successful 2012 when the Topsham office increased turnover by nearly 50% on the previous year and is reporting an exceedingly busy first quarter in 2013 as the residential market begins to return to pre-recession levels of activity.

With a career spanning 10 years in the industry in Exeter and London, Negotiator Greg Cross is delighted to be working in the area where he grew up and has a wealth of property knowledge.  

Bella Craddock has also recently returned home to the West Country having worked for a top London Estate agent for several years and will be office based.  

Topsham Branch Manager, Joel Moore, commented “Last year was phenomenally successful for the branch and with this year looking set to be even busier, we have recruited two experienced agents to help us to continue to provide the standard of service necessary in today’s property market.

“Bella and Greg are great additions to our team, at a time when viewings, offers and sales are on the increase and our unique marketing is attracting a marked increase in buyer enquiries”.

Wilkinson Grant Principal Roger Wilkinson, added: “We are certainly experiencing an upward trend in both sales volumes and in house price growth – with certain properties in the most sought-after addresses achieving prices far in excess of the credit boom. We certainly sense that Exeter will be at least in pace if not ahead of national trends by the year end.
 
“In the last six weeks, the number of offers we have received have exceeded any similar period since 2007, with weekly volumes almost keeping pace with new stock coming to the market resulting in steady month-on-month increases in local housel prices.
 
“As the second quarter of the year progresses, we can anticipate a greater flow of fresh properties coming to market which should, in turn, have a stabilising effect on prices in the re-sale market.  However, we are already seeing steady increases in new homes prices which look set to continue as  Chancellor Osborne’s ‘Help to Buy’ scheme begins to take effect and house builders can’t work fast enough to meet demand.”

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