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Why didn’t Lincoln House Prices Crash in 2023
Manage episode 440413410 series 3601177
Innhold levert av The Lincoln Property Podcast. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av The Lincoln Property Podcast eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.
In 2023, contrary to several grim forecasts, Lincoln's housing market defied the anticipated 8% to 15% fall. Key factors cushioning the market included robust labour conditions, strategic lender policies, and stringent mortgage affordability testing.
As we look towards 2024, cautious optimism prevails amidst regulatory constraints and shifting mortgage rates, suggesting a stable trend in house prices. This period presents an opportune moment for Lincoln homeowners and buyers to make informed, strategic decisions in an evolving market landscape.
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