Property News - Chrystals, Isle of Man Estate Agents

Market News

Chrystals property market

Posted on Friday 20th April 2012 - Market News

Chairman of Chrystals, Shane Magee says “Easter is usually the turning point for the property market where Estate Agents see an upswing in viewings , offers and sales.

There is no denying that market conditions remain challenging with greater stock levels, reduced funding opportunities and fewer cash buyers active. That said for those vendors who are prepared to be realistic deals...

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Selling your property ?

Posted on Friday 9th March 2012 - Market News

Manx Life publication Edition 1 - 2012

Shane Magee, Chairman shares some tips on how to improve your chances of selling your home.

The start of a New Year brings with it an air of optimism and an upswing in the number of property listings and viewings.

Chrystals Estate Agency has already received fresh enquiries from as far afield as the USA, Malta, Hong Kong,...

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Imperial Court

Posted on Wednesday 7th December 2011 - Market News

'Achieving new heights at Imperial Court'

Even in difficult times buyers have been flocking to Imperial Court, Castle Hill, Douglas. Chrystals have now sold 65% of the development and only have 19 units remaining with prices starting at £165,950 for a 2 bedroom purpose built apartment with a secure underground car parking space (further spaces are available by separate...

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Chrystals Market update

Posted on Tuesday 6th December 2011 - Market News

Mixed messages from the property market (as taken from Manx Life Magazine Edition 4, 2011)

As the Isle of Man approaches the calendar year end it is perhaps a good time to reflect on the state of the Island's housing market.

Positive movement in property prices is...

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Property Market Update

Posted on Monday 19th September 2011 - Market News

Now the holidays are over local Estate Agents anticipate increased viewings from applicants house hunting and hoping to secure a purchase for completion before year end.

The market remains challenging albeit offers are translating into sales as long as vendors retain some degree of flexibility in the price they are prepared to accept.

First time buyers are far and few between as...

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Market Update

Posted on Thursday 30th June 2011 - Market News

As an Estate Agent the question I am most asked is what state the property market?

Generally speaking the first half of the year has seen supply levels of listings increase at faster pace than sales transactions and trading conditions have been hampered by the lack of liquidity in the banking system. “Cash is king “ and buyers not restricted by selling first have more often than not...

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Market Update

Posted on Friday 11th March 2011 - Market News

The Manx Residential property market in 2010 was at its most unpredictable level for many years. A good number of properties have sold at full price within minutes of marketing whilst many others have spent many months (or longer) with few viewers. No one particular price bracket has seen an obviously greater or lesser number of transactions and sales levels almost mirror that of 2009; not...

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RECORD HIGH

Posted on Monday 28th February 2011 - Market News

The latest RICS Rural Land Market Survey shows farmland prices reached an all time high in the last half of 2010, as demand for commercial farmland grew strongly against continued shortage of available land.

Chartered surveyors indicated commercial farmers remain keen to expand production to capitalise on elevated commodity prices.

The transaction-based measure of prices,...

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BALANCED BUDGET

Posted on Wednesday 16th February 2011 - Market News

The Government is ahead of plan in rebalancing its finances but much more remains to be done.

That was the message from Treasury Minister Anne Craine MHK when she presented her first Budget to Tynwald today (Tuesday February 15th, 2011). The package is the second instalement of a five-year strategy to rebalance public finances following the reduction in the Island's share of VAT...

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