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New Year and St Ives
I've never in 30 years or more experienced such a quite New Years Eve in St Ives. For the most part and certainly since 1999 / 2000 , the town has been incredibly busy with in excess of 30,000 people in the streets and all in fancy dress. If you have never experienced the evening before, book your holidays now for that week, its an eye opener and you get to see St Ives in a different light.
This time of year the town is quiet, some of the shops have shut so that their owners can get a well earned rest after a particularly busy summer, this year saw record numbers flock to the area in search of a break after a stressful few months at the start of the year, it looks like this year could start in the way.
So we are now in tier 3 however the property market in St Ives and West Penwith is still very much open. With the stamp duty holiday coming to an end at the end of March, there is a need to try and get that sale agreed within the next few weeks, equally if you are thinking of selling, now is the time to get that property onto the market.
People keep asking me what I think is going to happen with the property market in the St Ives and West Penwith area within the next year and the fact is, I don't really know. I'm not too sure we will have a recession as we have known it in the past as I think and properties for sale in this area will always be popular with people wanting to either escape the city or start a new life in what was voted, 'The happiest place in the UK'
Happy New Year from the Cross Estates Team
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Wow, what a year that has been, not only in the world but also the property market. Here in St Ives, we have had our busiest year since we opened our doors in the spring of 2003.
It was a steady start to the year, nothing outstanding but not poor either and then we heard about a virus coming from abroad, no one really took too much notice initially and then at the end of March, an unprecedented lockdown, initially for 3 weeks and then a further 3 weeks. During this time, I was checking some empty properties in St Ives for insurance purposes, making sure all was in order, no leaking boilers, broken windows etc. It was eerily beautiful in St Ives, I remember sitting on the St Ives harbourfront, it was a stunning April morning around 10:30am and I'd just checked a property in downlong. For over 25 minutes it was just me on the harbourfront, not even a gull just the waves lapping on the sand, it was quiet, it smelt like the sea and it reminded me how beautiful this town is, it made many busy people take stock and re-appreciate this corner of Cornwall once again.
We had actually sale agreed 3 properties during lockdown completed on a number of sales and we held the keys for when people were allowed to travel again. When we finally went back in May, it was extremely busy, July 4th came and the stamp duty tax holiday kicked in and its been non stop ever since, even now, here in December, our traditional quiet period we are still racing around, selling and trying to complete on our existing sales.
We are all looking forward to the New Year and we all hope the vaccine works and we can get back to some normality, although here, in St Ives we have fared well.
We look forward to seeing you soon
Cross Estates