Video: Is it worth buying real estate now?
Many prospective homebuyers are currently wondering whether they can still afford a property in the current market. High energy and construction costs, as well as increased inflation and interest rates, are fueling this uncertainty. "Nevertheless," real estate experts emphasize, "the dream of homeownership is still achievable."
Until the beginning of 2022, prospective homebuyers faced high property prices. Increased inflation and the resulting rise in interest rates now appear to be making real estate financing even more difficult. In some regions of Germany, demand for real estate has declined significantly.
Even though interest rates have risen, they are still relatively low. Therefore, now is still a favorable time to buy property, as further interest rate hikes by the European Central Bank (ECB) are expected.
Anyone wanting to buy a property now naturally needs to adapt to the changed circumstances. Earlier planning and more precise calculations are necessary. An experienced real estate professional can advise you on how you can still fulfill your dream of owning your own home.
In our video you will learn what you need to pay attention to when financing real estate.