It seems to us at Naylors estate agents as though confidence is returning to both the economy and to the housing market.
The reasons for this are becoming obvious: an improvement in general economic activity, the Government Help to Buy schemes, a freeing up of the mortgage market, more buyers enjoying job security and house price increases which seem set to stay.
The market is made up of many sectors though, and this results in some areas performing better than others.
In respect of Market Harborough I am pleased to say that we seem to be doing well across the board. This is due to our excellent rail and road communications, pleasant built environment and attractive open countryside.
Our facilities in terms of shops, leisure and education are pretty good as well.
The national and regional house-builders operating in this area are reporting very positive sales. New-build schemes such as Farndon Fields, Valencia and Blackberry Grange are selling well.
The success of these provides a very good barometer to the heath of the housing sector.
Investment properties are also very strong with purchasers seeking two-bedroom starter homes with yields of 4.5–5 per cent.
We have seen a number of buy-to-let investors enter the market this year which has resulted in there being very little stock for them to pursue.
Well-presented character properties and family homes continue to be in high demand with areas such as The Woodlands, Alvington Way and Ashley Way all having a strong following.
We are confident this is going to be the case for the foreseeable future.
Village properties are always popular, particularly when situated in the villages close to Harborough with its travel services.
On the wider horizon agricultural land and development land remain strongly pursued when priced right.
Certainly, there are many buyers seeking land to invest in.
Small-scale developers are also more active with a large number of viewings when we sold a development site of six new houses and a pub for renovation a few weeks ago.
As the traditional selling season comes to an end with the changing of the clocks, we look back at a very successful summer and autumn.
Thanks to the high demand and large number of registered buyers we are confident there will be no quiet winter in front of us.
Market Thoughts column by William Naylor, the owner of Naylors estate agents in 12 The Square, Market Harborough.
For more details about the firm, see its website at www.naylorsestateagents.com .