‘Unrealistic’ sellers are stifling UK residential property market - Economic Impact - Mindful Money

‘Unrealistic’ sellers are stifling UK residential property market - Economic Impact - Mindful Money

‘Unrealistic' sellers are stifling UK residential property market, and leaving all-important first-time buyers out in the cold, that's according to the National Association of Estate Agents.

A warning that sellers must lower their asking prices, if the stagnant property market is to receive the kick-start it so badly needs, comes today from Michael Jones, president of the NAEA.

Jones says: "We would like to see more people bring their properties to market. There are two reasons why this isn't happening. First, it's coming close to Christmas and people don't like to uproot their family during the holidays.