Post by account_disabled on Mar 13, 2024 3:25:06 GMT -5
The new construction market is being immune to the impact that uncertainty and economic slowdown, inflation and the increased cost of financing due to increases in interest rates are having.
In fact, the VOhome network of real estate agencies assures that sales of newly built homes will continue to rise, as will prices.
"We are going through a good time when it comes Phone Lead to selling new construction thanks to the great existing demand. This demand, when mixed with the little existing supply, causes a joy in the sales of new construction, maintaining the sales values . We currently have with a wide portfolio of potential buyers, so we do not expect substantial variations to appear throughout this year," the real estate company explains to idealista/news.
VOhome has 23 points of sale within the Community of Madrid and markets all types of properties, from homes located in popular areas where prices are very affordable to those located in 'prime' areas, and for all types of clients : from families looking for a new home to national or foreign investors. And in all cases they are detecting the same trend: "Demand is similar in all points of sale today and at this time it continues to be sold normally , if the home is at market value," he assures.
In their case, national investors usually look at the smallest units for sale (studios and 1-bedroom apartments) and buy them to rent them as a primary residence, while in the case of two-bedroom homes the Buyer profile is that of middle-income families, generally national. On the other hand, foreign clients are more inclined towards homes located in luxury areas. The average prices of the home sales in which it brokers are between 137,000 and 335,000 euros, although it also offers luxury units that exceed one million euros, as is the case of a promotion of semi-detached and individual chalets in Boadilla del Monte.
The real estate network assures that in 2022 they have already sold several new construction projects in an average period of 6 months and that they are now marketing promotions in Barajas, Paracuellos del Jarama, Majadahonda and Carabanchel. In addition, it has several projects in development within the Community of Madrid that total more than a hundred new construction homes.
Moderation in prices and sales of used housing. Leaving aside the 'oasis' that new construction has become, VOhome does expect a moderation in both activity and prices in the second-hand market, which currently represents close to 80% of home sales. .
In fact, the VOhome network of real estate agencies assures that sales of newly built homes will continue to rise, as will prices.
"We are going through a good time when it comes Phone Lead to selling new construction thanks to the great existing demand. This demand, when mixed with the little existing supply, causes a joy in the sales of new construction, maintaining the sales values . We currently have with a wide portfolio of potential buyers, so we do not expect substantial variations to appear throughout this year," the real estate company explains to idealista/news.
VOhome has 23 points of sale within the Community of Madrid and markets all types of properties, from homes located in popular areas where prices are very affordable to those located in 'prime' areas, and for all types of clients : from families looking for a new home to national or foreign investors. And in all cases they are detecting the same trend: "Demand is similar in all points of sale today and at this time it continues to be sold normally , if the home is at market value," he assures.
In their case, national investors usually look at the smallest units for sale (studios and 1-bedroom apartments) and buy them to rent them as a primary residence, while in the case of two-bedroom homes the Buyer profile is that of middle-income families, generally national. On the other hand, foreign clients are more inclined towards homes located in luxury areas. The average prices of the home sales in which it brokers are between 137,000 and 335,000 euros, although it also offers luxury units that exceed one million euros, as is the case of a promotion of semi-detached and individual chalets in Boadilla del Monte.
The real estate network assures that in 2022 they have already sold several new construction projects in an average period of 6 months and that they are now marketing promotions in Barajas, Paracuellos del Jarama, Majadahonda and Carabanchel. In addition, it has several projects in development within the Community of Madrid that total more than a hundred new construction homes.
Moderation in prices and sales of used housing. Leaving aside the 'oasis' that new construction has become, VOhome does expect a moderation in both activity and prices in the second-hand market, which currently represents close to 80% of home sales. .