Real estate purchase: there is still movement on the issue

Many prospective homebuyers have become more hesitant. Inflation and rising interest rates make purchasing property seem more difficult. For many buyers, a property is currently only affordable if the purchase price is adjusted to their financing options.

But how are real estate prices currently developing? How are prices developing in the city and in the countryside? When is a property affordable? How is the supply of real estate developing?

The German real estate market is currently in a dynamic phase. For both sellers and prospective buyers, it is not only difficult to accurately assess property values, but also to find each other in the first place.

For many, a real estate transaction is currently impossible without an experienced market expert. In our short real estate weather video, you'll learn what you need to know about the current German real estate market.

 

Do you need help finding a property – whether buying or renting? Contact us! We'd be happy to advise you.

About the author

Harry Mohr

Real estate agent (Chamber of Industry and Commerce)

Harry Mohr, author of this article

Harry Mohr

Real estate agent (Chamber of Industry and Commerce)

Harry Mohr holds a degree in real estate economics (EIA) and is the owner of Immobilien Kontor Saarlouis. As a DEKRA-certified real estate appraiser, he supports his colleagues and clients in all areas of real estate marketing.