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High interest rates are putting a strain on the real estate market - tips for buyers
Financing a house or apartment when interest rates are high is difficult. That's why demand is falling. Sellers are now more willing to accept a discount on the price. But there is more for those interested to consider. According to a report by www.welt.de, As an expert in the real estate market, I can confirm that current developments in the real estate market have a direct impact on sellers and buyers. Due to high interest rates, financing a property is becoming increasingly difficult and demand is falling accordingly. As a result, sellers are now more willing to take a discount on the price to sell their properties. About it …
High interest rates are putting a strain on the real estate market - tips for buyers
According to a report by www.welt.de,
As an expert in the real estate market, I can confirm that current developments in the real estate market have a direct impact on sellers and buyers. Due to high interest rates, financing a property is becoming increasingly difficult and demand is falling accordingly. As a result, sellers are now more willing to take a discount on the price to sell their properties.
In addition, potential buyers should also consider other factors to save when purchasing a home. These include, for example, the location of the property, the infrastructure in the area, and possible renovation or renovation needs.
Overall, it can be said that current market developments have led to a buyer's market in which potential buyers of real estate currently have better negotiating positions and can benefit from cheaper prices.
Read the source article at www.welt.de