Whilst it is true to say that the market, as a whole, is in a completely different place to where it was six months ago, we mustn’t forget that comparisons are made from a very low base (the horrific last quarter of 2008) and that the fundamentals, whilst improving, do not point to a booming market, but simply a “gently recovering” market. In my view, this is a healthy state of affairs and one that I expect to continue for the remainder of this year and possibly well into the next. The market has been through a torrid 18 months and all the indicators are pointing to the fact that the worst is behind us. London property was the first to go into recession (I think it started in August 2007) and, as in the last recession, is the first to emerge the other side.

I had an incredibly positive response to my first video blog so it was only a matter of time before I would start thinking about my next one (thanks by the way to Findaproperty , Inside Agent , Primelocation and everyone else for your very encouraging comments). I hope you enjoy the second, of what will hopefully become a regular video blog from me, and once again, I would welcome any feedback from you.

This piece focuses on the growing number of opportunities that are now available in the market. London is showing all the right signs in terms of a recovery and we are hopeful that this will continue throughout the summer. I’ve been talking a lot about the amount of new buyers entering the market and this has had a direct effect on the increase in market activity.

On Friday 13th February this year, after six weeks of much increased activity in the market, I wrote a blog suggesting that the property market was showing distinct signs of nearing the bottom and that there were definitely some green shoots emerging. Needless to say, I was shot down in flames by a number of commentators who seemingly didn’t want to believe that there could be anything but a recession ever again and although it’s probably too early to say ”I told you so” I’m confident that my earlier observations were not premature.

This is the third recession I have worked through and whilst this is the most pronounced, it is plain to see the similar paths that the downturn has taken: