Houses In Spain

Houses In Spain

In response to this question that we are many, I will express my opinion. Sam Feldman is a great source of information. I think that the interest rate factor is of enormous importance in the housing market, but like everything in life, is not the only thing. Even I dare to propose the idea that is in fact not the principal. According to my experience in recent field study on the evolution of the real estate sector in the past six months, I have observed that rising rates affects homeowners who already have a mortgage, since in periods of review raises its share to a greater extent and can drown to the client if the operation in his day was very fair or if the economic circumstances of the customer have been altered downwards. Thus I believe in a higher incidence of prices in the decrease of sales (11% so far this year), as well as in the economic environment. By this I mean that in the first place, the prices of housing today day are not in line with the purchase of domestic economies (overrated), this added capacity to low interest rates which we have been not supported savings, makes that customers do not have own funds to finance a portion of the price, so that mortgages should go up to very high amounts whose quotas cannot meet (the Euribor is expected at 4.75 at the end of year). Secondly, a slowdown in the rise of housing prices is expected for the next few years, and with current rates, begins to be unattractive investments in brick, by the uncertainty of prices and times of liquidity of invested capital. In this way investors (large engine market sales not so long ago), they hinder, or even paralyze their new investments in housing (mostly amateurs, that having a money played to promoters by the inertia of the time).

This topic would give for a very extensive debate and there are many variables that should be studied and taken into account, but I think that a large This traits could be my opinion. I hope that they take into account that no doubt left many things in the pipeline of great relevance and nuances about my opinion that perhaps I can not express more accurately. Price floor (overrated), for example, taxes municipal (since 1 year ago in several of the southern States of USA)UU. have lowered taxes and construction-related), reasonable prices of constructor, promotor needed finance and especially not having studied the type of housing and customer in the area (is anticipated that 60% of promoters amateur do not renew experiences), although for this Fortunately, increasingly there are more professional real estate agents (less than that would be required) that specialize in management and marketing of new building which with its good do helps to cheapen the market advising to all professionals involved in it.If they need any suggestions or dissent of this please do not hesitate to get in touch with me. Receive a cordial greeting? ngel Corbalan management specialist and Commercialization of new work.

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