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News & Blog

Read the latest business news, blogs and thought leadership articles from our members, as well as updates on the Edinburgh Chamber of Commerce's work in the city.

News & Blog

The signs for the Edinburgh Property Market are looking good in 2018

Posted: 15th January 2018

blackadd3ersBlackadders are delighted to announce a new display window within London Road, Edinburgh.

Property Services Director, Martin Paterson commented: “This will be a great addition to Blackadders Estate Agency having a further display window within a main arterial route”.

Edinburgh Property Manager, Scott Whigham is optimistic about the year ahead: “The signs for the Edinburgh market are good in 2018. I am anticipating a similar year to last year where I think prices above Home Report value will be achieved on a regular basis. This is undoubtedly down to fewer houses being on the market and it really is about supply and demand at the moment. Over the past couple of years I have seen a change in the market from it being a buyer’s market to it now being very much in the seller’s favour.

Previously, when the stock levels were higher, buyers had their pick of properties and could, to a certain degree, dictate the price they were willing to pay. Closing dates are now being set on almost every property we sell and buyers are having to put their best offers in to secure the home they want.

To sum up, I believe 2018 will be a great year to maximise the full value of your home”.

If you would like to arrange a Free, No Obligation, Marketing Appraisal of your home please give our Property Sales Team a call on 0131 202 1868 (7 days).

Business Comment

Business Comment is the Edinburgh Chamber of Commerce’s bi-monthly magazine. It provides insight on Edinburgh’s vibrant business community, with features on the city’s key sectors, interviews with leading figures and news on new business developments in the capital.
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