Connect with us

News

A year in the life of an estate agent

Published

on

0217534_Ted_Healy.jpg

This year has been another turbulent year with the COVID-19 pandemic once again impacting the market.

The year kicked off with Level 5 restrictions in place resulting in our office being closed to the public and all viewing activity driven online. Property services were then deemed an essential service allowing for limited viewing activity.

This all changed again on January 13 with increasing case numbers and all viewing activity ceased.

Level 5 restrictions were then extended to March 5.

The industry downgraded to Level 3 restrictions in May which meant our offices eventually reopened to the public and business as usual.
While the first four months of the year were heavily restrictive, we relied heavily on our investment in technologies to enable us to continue to offer our property services. Little did we think back in Mach 2020 that we would sell houses on the back of online virtual viewings only but how the world has changed in such a short space of time.

Since the re-opening of society in May, the property market has gone from strength to strength. We have seen price increases of up to 12% nationally in the year. Properties are going to ‘Sale Agreed’ status in record time.

The rental market has experienced a similar trend. With a high number of landlords exiting the market in the past 12 – 18 months and very little construction, rents have continued to rise. Rents in Munster are now 15.6% higher than 12 months ago.

We predict a busy year ahead in the local market with availability of stock being a major concern. With the cost of building at an all-time high, the scarcity of available properties for sale will continue into 2022.

Looking ahead property prices are set to rise again this year, although at a slower rate than 2021, with predictions of 5% - 7% expected.
At DNG Ted Healy, we look forward to 2022 and wish all our clients and 2021 homebuyers a Happy First Christmas in their New Homes.

Advertisement

News

Kilcummin GAA announces return of annual Pink Night

The Ladies’ Committee of Kilcummin GAA Club has announced the return of its annual Pink Night, set to take place in The Klub Bar on Saturday, January 3. Now in […]

Published

on

The Ladies’ Committee of Kilcummin GAA Club has announced the return of its annual Pink Night, set to take place in The Klub Bar on Saturday, January 3.

Now in its 12th year, the event will support Comfort for Chemo for the fifth year running. The evening promises both fun and fundraising for the charity.

Guests will be greeted with a Prosecco reception and chocolate-dipped strawberries to start the post-Christmas celebration.
While attendees are encouraged to wear pink, dressing up is optional, with the focus on community and support for the cause. Prizes will be awarded for Best Dressed Female and Best Dressed Male.

The event begins at 8:00pm. Entertainment will be provided by Derry and Rosie Healy followed by Barry McGrath playing late into the night.

A raffle and door prizes, kindly provided by local sponsors, will take place on the night. Committee member Kathleen Ryan said the continued support of the local sponsors is deeply appreciated.

Admission to the event is free, and all are welcome to attend the celebration.

Continue Reading

News

A winter ascent of the MacGillycuddy Reeks is always special

Killarney resident and experienced mountaineer Melissa Trant recently shared incredible photographs and her account of climbing the snow-capped MacGillycuddy Reeks, highlighting the unique experience of the mountain range during winter. […]

Published

on

Killarney resident and experienced mountaineer Melissa Trant recently shared incredible photographs and her account of climbing the snow-capped MacGillycuddy Reeks, highlighting the unique experience of the mountain range during winter.

The MacGillycuddy Reeks at Christmas time offer a cure for whatever the heart needs, whether it is peace, relaxation, or reflection. Melissa described spending time there as magical at any point of the year, but particularly during the winter months when the mountains are covered in snow.
Climbing one of the winter routes on Carrauntoohil, Ireland’s highest mountain, requires essential safety gear, including crampons, an ice axe, and a helmet, making the experience “incredibly exciting and fun.”
Melissa said that she enjoys visiting the stunning peaks of the MacGillycuddy Reeks often because it is a place she can never get enough of. She finds that mountains make her feel alive, giving her joy, thrill, satisfaction, and peace. She added that the feeling of tranquility and calm on the mountains encompasses every ounce of her.
With Ireland’s finest and highest mountain range on our doorstep in Killarney, Melissa said she feels blessed to be able to head up whenever the mountains are calling

Continue Reading

Last News

Sport