german real estate

Taking a Look at Today’s Real Estate Market

Various economist predict a 15% to 30% chance that a recession will hit the present housing market over the course of the next twelve months. A couple of contributing factors for the expected recession may include heightened consumer credit card usage and corporate debt. As a result, the turn of events may inadvertently incur a negative impact on the growth of the housing market in the country.

 

While statistics show a distinctly higher rate of employment, there are gaping holes that cannot be immediately resolved. The re positioning of mid-skill level workers to high-skill levels may seem advantageous to companies, the polarization translates to a leveling out of growth among urban and suburban areas of business. This unlikely shift carries with it an unforeseen problem for the housing market, since it is far more difficult to build housing; especially entry-level ones, because of the rising costs of land.

The housing market for 2017 is expected to have two more rate hikes for this year, ending at a 30-year fixed-rate mortgage of 4.5%. According to the Federal Open Markets Committee, the year would end with a 30-year fixed rate mortgage or FRM of approximately 4.4% and even predict three more rate hikes before the year ends. At present, the mortgage rate has been kept at a steady and reasonable 4.2%.

 

Despite these forecasts, the current housing market for 2017 is continuing to flourish. So, for those of you wondering, “how can I sell my house fast?”, don’t worry, it’s still pretty easy.  Prices of homes have reached the national peak that was attained in the previous year, which some states have even surpassed. Indeed; on the positive side of things, the housing market is seeing a rise in the costs of homes and land due to the fact that jobs have continually been more centred.

Surprisingly, homes last spring were selling out faster than pancakes, making a leap to almost 9% in the month of March. This is a significant increase from March of the previous year, which saw the market plunge by at least 13 percent. This particular month has reached record heights with homes being sold quickly in shorter periods of time.

Consequently, there have been all-out bidding wars between prospective buyers and houses are being sold above the asking price. It is certainly a crazy year with rapidly-growing real estate markets in all venues across the country; some cities are even seeing a double-digit growth since last year. It is definitely going to be very difficult to purchase a house and lot as prices continue to soar.

The housing market for 2017 is hot and may remain in the same state for as long as businesses and industries continue to polarize employee skill levels and move into sectors of the city that are seeing immense growth in real estate.

 

 

 

 

 

housing in germany

Moving Abroad – Taking a Look at the Housing Market in Germany

It is absolutely necessary to know German practices and terms as you are thinking of finding an apartment or a house in the country. If you are thinking of renting a two-bedroom apartment or a house, you should actually be looking for a Zimmer that is four rooms in Germany. There are furnished apartments but they are rare to get and will actually cost a lot more to rent.

Have in mind that when we say unfurnished apartment in this country, we are talking about completely unfurnished without closets, kitchen cabinets, and wardrobes, so you will actually buy everything you need in this apartment even the proverbial sink, refrigerator, curtains, chair, beds, and every single thing.

It is quite advisable to hire the service of a lawyer or legal advisor before you place your pen on the paper to sign.

On the other hand, you will definitely be responsible for some things that are not spelt out.  Any agreement that is related to the rent of an apartment is not easily terminated except in some extreme cases.

The payment to the landlord is often done monthly. There are two parts of the agreement according to www.kfh-hv.de, which you cannot change until the contract or agreement is over. The two main parts of the agreement include; Umlagen or Nebemkosten.

Nebemkosten documents include the some things like the property tax, stairwell, trash collections and so on. If the price of Nebemkosten doesn’t change that means the Umlagen price will still be the same. The moment the price of Nebemkosten changes, the Umlagen changes as well.

There are a few more issues you need to be generally aware of when taking an apartment in Germany.

  • Avoid any form of loud noise between the hours of 1pm and 3pm and also 10pm to 7am
  • It is actually good to take inventory of every single thing that you placed in the house and any deficiency that you find in the apartment.
  • – There are some things that are different in some states. Some state now separate trash in a number of ways. There is a different bag for the metals and plastics, a different bag for the papers, one for brown and white glass, another bag for greens and the last bag is for every other thing else.
  • Any other unusual thing that you will like to dispose of like furniture, you might need to call the sanitary office to get that done.
  • If you are the pet loving kind of person, you will need to collect a report from the owner of the house. This will enable you take a pet of your choice.

There are different ways to get an apartment in Germany and some of the procedure is through the Immobilienhandler, and through a Real Estate Agent. There was a time when the person who needs an apartment pays the Agent, but now the house owner does the payment to the Agent. Another way is get an apartment is through the Newspapers and also through god old fashion word of mouth.

There are different prices that an apartment will charge, it just all depends on the house owner himself.

However, the responses of the Agent to you is quite fast, so there is practically nothing to worry about.

german real estate

Reasons why you should hire a real estate agent for buying or selling a home

Most of the customers are usually confused about whether they should hire a real estate agent or not. There is plenty of information available on the internet that people can take help from in order to buy or sell their home but they insecure without hiring a real estate agent.

Here we are going to talk about some important reasons that will make it clear for you that hiring a reputable real estate company like South Surrey Real Estate can help you stay secure and get extra benefits.

Education and Experience

Hiring a real estate agent is good for your personal benefit because you don’t have enough knowledge and experience about real estate and you can’t even learn everything just in the few days. Hiring smarter people than you, is a proof that you are smarter than them. You must research to find the right real estate agent.

There isn’t enough difference in the costs of real estate agents so we recommend you to hire the person who has more experience and knowledge in this field. Hiring the professionals allows you to make more of your precious time.

They have a lot of connections

Sometimes the agent may not know everything but the goal around which their job moves is to build a connection with everyone who can be helpful in the selling or buying process.

Your real estate agent builds a great relationship with different professionals such as home inspectors, real estate attorneys, mortgage brokers, interior designers, home stagers and many others. You can take benefit of their services when you hire an experienced real estate agent.

They save you time

It might be one of the biggest purchases of your life if you’re going to buy a new home. And those who’re willing to sell their home will be willing to find the best quote for selling their home. You might not have enough time if you already have some lot more important things to take care of such as a job and a family.

Hiring a real estate agent can help you save a lot of time because real estate agents are determined to take your responsibility onto their shoulders. There are many things that are included in selling or buying a home such as holding up open houses, collecting the marketing materials, searching for homes that are suitable to your needs etc.

The real agents can help complete these tasks for you allowing you to save your time.

They act as middlemen

The real estate agent can talk to the home owner on your behalf because there are very important things that you need to consider before buying a home but you feel shy to ask yourself so that you may not insult the buyer.

Your agent will negotiate the best price for you by conveying your concerns in an appropriate manner.

Now that the importance of hiring a real estate agent is manifest to you, you should hire an agent to find a valuable solution to your needs.

german real estate

Tips from Realtors for real time buyers – How to find your dream home

As a new buyer on the market, you might be confused about finding your dream home. Everyone wants to purchase a “Dream Home” that suits their demands and needs.

How to find your dream home

Whether you prefer a sprawling suburban home or a modernized urban loft, it is a wish of most of the people to find a home that feels like it was specially made for their family.

You can find sufficient information about finding your dream home at peterfourlas.ca. We have interviewed different realtors to find some best tips for you to help you find your dream home.

Here are the most useful tips that will help you find your dream home easily.

Set a budget

How to find your dream home

When starting your home search process, the very first thing you need to do is thinking about the budget that you’ll need for buying the home. You should analyze your expenses, analyze your income and try to figure out our future position, and more.

You can save a lot of time by setting a budget for purchasing your dream home. By setting a budget, you’ll only look for homes that you can afford. There is no need of looking at the homes that you cannot afford.

Think about what you need in the home

What do you need in a home and what are looking for in a home is the next thing that you must consider after setting a home budget.

Some questions you may want to ask yourself include:

  • How many bathrooms are needed?
  • How many bedrooms do you need for your family?
  • What does the kitchen look like?
  • What kind of closet space are you looking for?
  • How is the neighborhood?
  • How are the front and back yards?
  • Is the garage big enough?
  • Is the area safe?

And there are many other questions that you would like to think about before buying your dream home.

Find a Realtor before you start looking at homes

How to find your dream home

Find a real estate agent before starting your search for the home because if you didn’t choose an agent before then you would get into a lot of trouble if you needed someone immediately. In this situation, you’ll not even be able to find the perfect person who will help you find your home.

So, taking some time before starting your research is important.

Look at many homes online and offline

Your home search process should be as wide as it can be. You should use both online and offline resources for looking at homes.

Make an offer on a home

Making an offer on the home is the next thing that you want to do after finding the home you want to buy. Chances are that both of you will agree upon a price.

Keep all these tips in your mind when looking to buy a new home because these tips will help you make an informed decision.

german real estate

Looking for a great place to start your family life? Think about Summerlin

There aren’t many places to start a family life. When you’re a newlywed, it’s often important that you live in a place that will resonate with your passion and energy. You stepped into a new chapter of your life, and you want to get the best out of it.

hiking in summerlin

But, then comes the time when you plan to expand your family… Having a kid (or, maybe, a few!) requires a different approach to housing. It’s no longer about commodity; but about safety. It’s no longer about modernity; all that matters to a family is a functionality. And the list goes on and on… information on Summerlin real estate

What if we give you a first-hand preview in one of the most convenient places to start a family life? Stay with us to find about Summerlin!

Having a family home in Summerlin

Summerlin is a relatively new community located on the very rim of the Red Rock Canyon and the Spring Mountains. It’s one of the most popular places in the Las Vegas Valley, specifically because of its lifestyle opportunity. If you don’t believe us, check this out – Summerlin was voted a “best place to live” in 2014.

With the average household income of nearly ﹩1405.000, Summerlin is located amongst top affluent communities in the country. It maybe sounds like up middle class, but people are very polite and friendly. They appreciate community life and spend a lot of time investing in their relationships. And who doesn’t want to have outgoing and friendly neighbors?

In that sense, Summerlin was built around the idea of spending your time in the best possible way there is. Besides residential properties – which makes a significant majority in the overall Summerlin architecture – Summerlin also offers a numerous commercial, educational, medical and open space properties. All of them are planned to fit the needs of a modern family.

What else you should know about living in Summerlin

summerlin

Summerlin is one of the rarest places in America where you can truly invest in a multi-generational living. The amenities that are built around this complex are designed to meet everyone’s needs. From kids to seniors, everyone will have a chance to find what best suits them.

Another thing that might be taken into account when it comes to living in Summerlin is the weather. No matter how great sunset in a desert may appear, the nights are extremely cold and the days are extremely hot. However, you will enjoy the fact that summer lasts almost throughout the year – only December and January are considered a winter time.

Some of the most popular recreational activities in Summerlin includes cycling and hiking. Actually, there are about 150 hiking trails used by residents and tourists alike – and each of them offers a unique desert hiking experience. Also, if you’d like to dip into a nice cold water after a sunny day, you’ll get to choose between several pools in the community.

Finally, your kid will get one of the best education in the country. Both public and private schools in Summerlin are highly rated and give their pupils more freedom to think instead of making them learn something that cannot be done in praxis.

 

german real estate

Essex County Real Estate

Essex County is a county in the state of Massachusetts, having a population of around 744,000 as per the census of 2010 which makes it the third most populous county in Massachusetts. It is a part of Greater Boston is, and the largest city in the Essex County is Lynn. This county has some of the protected areas of wildlife and protected historical sites. The per capita income ranges from 17,000 dollars to 70,000 dollars depending on the town. Essex County has libraries, a network of public, private and elementary schools and colleges for higher education and universities. Essex County also has a national heritage area. This County has given many notable people, who have not only served this town, the county and state and also the American Nation.

Essex County real estate is also booming, the town is growing, and any investment done now will yield good profit in future.  Our partners are http://apexinvests.com/ have been doing the best they can to put people into their dream homes all year.  There are homes, and commercial buildings including shops, garages, and mechanical workshops. 

Market trends help you understand the movement of key price indicators. Trends in Essex show a 26% week-over-week rise in average listing price and a 0% rise in median rent per month. The median home value in Essex County is $395,000. Essex County home values have gone up 6.8% over the past year, and it is predicted that they will rise 2.4% within the next year. Apart from the housing, commercial real estate in Essex County is also a very lucrative business. The prices for commercial properties are different as compared to the domestic properties. The pricing of the commercial real estate depends upon the locality of the shop, building or business spot in different towns and cities in Essex County. 

Going forward, we expect that Essex County’s sales activity will eventually have a meaningful impact on pricing. With homes still at historically affordable prices, interest rates low, and a generally improving economy, we believe that buyer demand will strengthen and drive more meaningful price appreciation in a robust spring market and throughout 2017.