Nick Millican Registers Home Price Dip

Nick Millican has been a member of the housing industry in London for many years. During this time, he has managed to accumulate a great deal of experience as a real estate expert. Part of his concern has always been to register changes in home prices. Lately, he has noticed a decided downturn in asking rates. 

This has evolved into a trend that is causing serious concern. According to data released by experts such as Nick Millican, there is a great deal of truth to these worries. As it happens, asking housing prices in London really are starting to fall. So far, the dip has only been about 1.5% for this month. 

However, even a small downturn in prices has been enough to reduce the average home price to just £673,200. This is the sort of trend that most home sellers would prefer not to continue. However, as experts in the industry like Nick Millican are aware, this is part of the cycle. 

It has also been revealed that the average home in London is taking nearly 63 days to move to the final sale. Real estate expert Nick Millican adds that the market is thus revealing itself to be geared toward buyers (Facebook). 

Many sellers in the area are starting to wonder if this is the right time to be putting a property up on the market. Nick Millican has revealed that price reductions are about to reach a level that has not been seen since January 2011. The ongoing push and pull of the market are thus displayed in full force.

Nick Millican has been a member of the housing industry in London for many years. During this time, he has managed to accumulate a great deal of experience as a real estate expert. Part of his concern has always been to register changes in home prices. Lately, he has noticed a decided downturn in asking…