In November, the balance of the real estate market tipped in favor of buyers, opening the way to a debate on the possibility for the seller to reduce the price of the property visited by 10 to 20%, concludes the latest “Housing Confidence Index » by Latio. Buyers”. This is particularly evident in the private house segment.
Small housing loans are actively used for the purchase of relatively cheaper properties, thereby increasing the proportion of transactions carried out without a mortgage. On the other hand, buyers who cannot save the necessary financial resources for the first payment due to expensive money and do not want to just rent the house, have started to be interested in another type of transaction – the rent with right of redemption. Although this may be a suitable solution in certain cases, Large experts recommend knowing all the risks associated with the transaction in time, so that in the event of a disagreement, both parties do not have to involve lawyers.
“Home Buyer Confidence Index”* data for November:
2023-12-01 12:56:16
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2023-12-02 13:02:18
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