Business & Real Estate

Posts Tagged ‘housing market’

The housing market remains healthy, despite higher interest rates and gloomy predictions of many experts on the matter, it is true that the pace of sale of real estate is not the same as a few months ago.

This reality questions have emerged, new strategies, speculation about the future of the market, product sales hasty and unexpected economic realities corner experts, who claim to know everything and they really have little idea of what they say .

You can make predictions based on statistical analysis to consider similar situations and scenarios consistent, but will remain predictions and as such we take them. The market is here and now. The past is history. Tomorrow is always unpredictable.

If until recently could make purchases of property indiscriminately, with the overwhelming demand produce the miracle of immediate sale today can not proceed with the same lightness.

The crisis has left a pretty bleak picture and one of the major sectors most affected was that of the ‘brick’. However, in 2010 some indicators are already showing more stable statistics, although there is still uncertainty about how it will develop the housing market. How should investors deal with this situation? Still suffering from the storm or we face a change in trend?

“What if the storm has passed? The truth, I’m not meteorologist, but from my point of view, we have avoided the depression is greater and for now, we have entered a quiet moment. Although now is not the best, as an economist would say it makes sense to take the long view in tough times, “said Tobias Just, head of research at Deutsche Bank Research during the conferences of the International Real Estate Congress held at IFEMA during the past SIMA 20 May. “We have turned the hurricane in a summer storm. However, there is a tornado, for example, in Greece. “

The lack of liquidity is one of the biggest problems facing the housing market today. Potential buyers are saving and landlords with properties to sell are waiting to be revalued its assets. “They sell little. Therefore, the values of the market capitalization have fallen, “he argues Just.”In 2008 there was a high level of debt and a lot of short-term financing, therefore, the housing bubble was formed. In 2013 we will need a wave of refinancing. “