If you are looking to sell your own home, then you may find that waiting a few years is a good option as there may be more profit to be made.
According to iammoving.com, it is likely that house prices will rebound quicker than the rate of inflation when the economy begins to recover in around two years time.
This may mean that anyone wanting to sell their property stands to make more money as the market picks up once again due to "a lot of repressed demand".
Simon Preston, chairman of iammoving.com, said: "When most people are worried about a market, it is usually a good indication for a strategic investor as a buying signal."
Furthermore, people may find that if they consider DIY house selling before putting up for sale boards they can save themselves more money when compared to the amount it costs to go through an estate agent.
Published on: December 11, 2008