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Signs of change in the real estate (for those who buy and sell)

Signs of change in the real estate (for those who buy and sell)

20-3-2015

After the crisis that plunged the housing market in recent years, there seems to be now signs of change. And the signs in the windows of homes begins to say the words "sold" instead of "for sale". And the signs are favorable for both the seller and buyer, and you can conclude that it is a good time to take advantage of the trend and buy a house.

According to the Diário Económico (DE), home prices show signs of recovery and the time to make the sale is getting shorter. In ERA Portugal (a real estate company), for example, the reduction of time was 20 % in 2014 , writes the publication, and that banks are now more willing to lend money.

Relying on data provided by the Confidencial Imobiliário (C), a publication that works information of the main real estate mediation networks in the country - referring to sold owned 2 rooms houses price estimates in 2014 - DE reveals that last year homes prices increased 1.2 % on average, after seven consecutive years of falls.. “"Considering that already have passed a cycle of more than 12 months in positive territory [ ... ] can be said to have found and consolidated a stabilization trend", said Ricardo Guimarães , director of Ci.

One idea, moreover, confirmed by Miguel Poisson, general director of ERA Portugal : "The market is in a correction phase. There is currently an increase in sales expectations and market dynamics. This is the best time to invest because we can already feel the price recovery."

Information source: www.idealista.pt