So with the Easter Break over and the first quarter of the year behind us, how is the property market fairing? Are things any better I hear you say, what can we expect for the rest of the year and the now closer than ever run up to the Olympics? I’m delighted to say I have some good news to report at last! The lettings market is booming, most property is now being rented within the week and the rental values have pretty much got back up to where they were before the down turn. The sales market is also very buoyant too, whilst buyers seem to have been taking their time over the last few months there now seems to be a little more urgency in coming forward with an offer with multiple offers being received on most properties that hit the market. Prices too on the sales front are starting to head in the right direction again with most properties now back to where they were before the 15/20% drop we worrying experienced after the crash in 2007. Confidence has now been re-established back in the property market and whereas the only money around for ages has been from the overseas investors, it seems the return of the first time buyer is with us once again, all great indications that the market is seeing glimmers of the return to normality once again. Backed up by the NAEA (National Association of Estate Agents) reporting that the UK housing market in March saw a sharp rise in the number of property enquiries, according to their members. So with the anticipation of the Olympics barely a year away now it seems that things can only get better as we roll out the rest of 2011. Many agents have already been approached by the Olympics committee to source multiple properties for the upcoming event and yes the rents being offered are very very lucrative. With the onset of summer almost upon us it looks set to be a bright and sunny one in more ways than one.