14 Reasons Not to Fear Fife House Price Drops (Watch/Read/Listen)
Jim Parker
August 2, 2023
The Fife property market experienced a boom between the summer of 2020 and late summer of 2022, fuelled mainly by pandemic-induced trends such as the Land and Building Transaction Tax stimulus, low mortgage rates, the race for space, and the rise of remote working.
2023 has presented a different story for the Fife housing market, with cooling demand, rising mortgage rates, and declining home sales from the previous two years.
Many Fife homeowners are now concerned about a possible fall in Fife home prices, as the newspapers predict a housing recession. Nonetheless, there are several reasons why homeowners should not fear Fife house price drops.
This article will explore 14 key factors that can provide reassurance in uncertain times.
