The current situation on the German real estate market: Financial experts recommend bold offers of 30 percent less for property buyers.

The current situation on the German real estate market: Financial experts recommend bold offers of 30 percent less for property buyers.

According to a report by finanzmarktwelt.de, experts consider the real estate market in Germany to be extremely complicated. A persistent crisis is forecast, particularly in the residential real estate sector. Christof Schürmann from the Flossbach von Storch Research Institute advises property buyers to be brave and make offers up to 30 percent lower, as transaction volumes on the German real estate market are at rock bottom. Owners willing to sell continue to hold on to prices that are too high, even though there are extensive heating renovation costs. The conditions on the market are more complicated than they have been for a long time, due to issues such as energy-saving renovation, interest rate rises, buyers' strikes and expropriation fantasies. As a result, valuable information is recommended from listed real estate groups.

Commercial real estate in Europe, on the other hand, may have already reached its lowest point in valuation, as suggested by an important fund manager, and mega-investor Blackstone is also just starting to invest billions in commercial real estate in Europe. These developments could have an impact on the German real estate market, as more international capital flows into European commercial real estate and influences prices.

The tense situation on the German real estate market could lead to buyers increasingly considering alternative locations or types of property. There could also be increased demand for rental properties as more and more people shy away from buying residential property due to the high prices. This development could in turn lead to rising rental prices, especially in sought-after cities and regions.

Overall, it can be assumed that the German real estate market is facing major changes that will affect both buyers, sellers and tenants. It remains to be seen how these developments will manifest themselves in the coming months and years.