33. Buying and selling in today’s market with estate agent Matt Forkin

In today’s episode, Tanya is joined by seasoned real estate agent Matt Forkin, where they dive into Ireland’s property market.
With nearly two decades of experience, Matt shares his professional journey, starting in 2006, and how he weathered the turbulent 2008 financial crisis. He reflects on the evolution of his business, from starting in property management to becoming an independent real estate brand, Forkin Property.

Matt provides an insider look at the housing crash of 2008-2009, detailing the challenges of a stalled property market and how it still affects the market even today.

From a lack of mortgage lending to a market dominated by bank sales and receiverships, he explains how those formative years shaped his approach to the ever-changing real estate landscape. 

Shifting to present-day trends, Matt discusses his bread and butter, the property market in County Wicklow and beyond.

He highlights the rising demand for new builds, fueled by government affordability schemes which make it easier for first-time buyers to enter the market. He discusses rising construction costs and labor shortages which are pushing prices higher, creating a complex environment for buyers and developers. 

Matt explains why new developments are so appealing when it comes to community and lifestyle, especially for a first time buyer.
From energy-efficient designs to thoughtfully planned neighborhoods with amenities, these homes are ideal for families looking to settle into vibrant communities.

However, he also weighs the benefits of secondhand homes, which often offer better value per square foot, despite requiring renovations. New-builds are becoming more and more popular throughout Ireland, particularly Wicklow.

Matt offers valuable advice for families that outgrow their homes, and for second-time buyers navigating the market.

Should they extend their current property or take the leap into something new with more space? He stresses the importance of home presentation when selling, suggesting simple upgrades to attract higher offers.

Matt and Tanya explore the growing popularity of apartments, particularly among down-sizers and non-nationals who value accessibility and convenience.

He sheds light on the changing dynamics for Irish homebuyers, and offers insights for anyone looking to buy, sell, or invest in today’s property market.

This episode is a great discussion into Ireland’s current property market. Matt Forkin generously shares so much wonderful advice that buyers can use when considering their next move, or their current spaces. 

You can follow Forkin Property on Instagram HERE.

Their website is linked HERE.