FP TV (EP 96) THE PRICE ISN’T RIGHT: How to spot and stop your home being overvalued (Watch/Read/Listen) 4 min)

PODCAST: https://anchor.fm/fife-properties/episodes/FP-TV-EP-96-THE-PRICE-ISNT-RIGHT-How-to-spot-and-stop-your-home-being-overvalued-e1k44vq

With prices still rising and very few homes on the market, it seems incredible that 1 in 20 asking prices were slashed in May. The figures from Zoopla show an average drop of 9% (or £22,500); the biggest discount margin for 18 months.

House prices rose by 11.2% year-on-year in May, slightly down on the 12% from April to April but still a substantial increase. So why are homes being reduced in price?

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