MARKET COMMENT APRIL 2020
For many years, through good times and bad, Phillips and Stubbs has been an integral part of the local community.
Over the decades, we have provided level headed and astute property advice to thousands of local people through storms, floods, droughts, market booms and busts, the 2008 banking crisis and all the good times. Now we will do the same through the most unprecedented event in modern history.
While we don’t know what the next few months will bring, we do understand that the emotional and economic impact of the virus will be profound and far-reaching.
For many, this crisis may turn longed-for lifestyle certainties into unwanted longer-term uncertainties, especially for those who had planned to move home this year.
Over the coming weeks and months, hundreds of thousands of people, sheltering in their homes, may not be able to take direct action, but they will be making plans.
After this viral storm has passed, many will have re-evaluated their housing needs. Some will dream of their first home. Others with growing families will need more space. Still more, in not fully utilised larger homes, may have accepted the need or desire to downsize or rightsize.
Whatever your stage in life, Phillips and Stubbs is here to help with free property advice and information.
During the shutdown, our office doors may not open but we are very much open. Our phone lines are open to those who would like to call and discuss their plans and our website is open for information, news and ideas.
We may not be able to visit you for a valuation but because we have lived and worked in the area for so long, and have so much local knowledge, we are more than able to discuss prices and marketing. So when we have seen the back of this global pandemic, you will be ready to press ahead.
In these uncertain times we are sure of two things: we know how strong, supportive, and resilient our community is, and we are as confident about the property market now, as we were before we ever heard of COVID-19. Everyone needs somewhere to live, and our area is still the most wonderful place to reside, work and play.