Figures by the Council of Mortgage Lenders and the Royal Institution of Chartered Surveyors show a rise in the number of mortgages handed out by lenders in February and an increase in new inquiries in the housing market.
We’re not talking about a full recovery nor are we likely to see any significant momentum until there are more incentives for first-time buyers, but there are signs the market is stabilising.
Perhaps it’s time to stop comparing the market with the heady days of the mortgage boom and look forward instead of back.
It’s easy to become paralysed by the gloom over the past year, but now is the time to be getting your house in order to surge forward once the market does recover.
Look at your systems and business partners. Are they delivering the results you need not just today, but tomorrow?
Are you making the most of technology platforms and solutions to reduce administration and streamline non-core processes?
Have you got the right management tools to keep on top of your business pipeline and help you manage your revenue streams?
With glimmers of a silver lining above us, failure to act now could allow your competitors to outmanoeuvre you once the blue skies return.