Real estate market, prices fall and demand increases

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According to a survey the cost of real estate continues to drop as sales increase, especially in provincial capitals. Among buyers, 64% are between 18 and 44

Property prices fall and sales increase: the housing market in Italy, according to data presented by Tecnocasa Group, is picking up.

73.4% of sales concerns the main house (first home or home substitute), 5.9% instead of the home for the holidays. 20.7% of shoppers considering instead focusing on real estate “only” an investment.

65.3% of shoppers aged 18 to 44 years, 36.9% of them between 35 and 44.

The study is based on data collected from about 2700 agencies of the network in the country. According to the research, the fall in prices should continue for the duration of 2010 but despite the relatively low cost of real estate will continue to purchase only those with sufficient debt capacity.

The decline is being felt especially in the provincial capitals, where the fall in share prices reached 1.4%. Suburbs of large cities the costs are down by 0.9%, while in major Italian cities stood at -0.5%.

In terms of the loans in the first quarter of 2010 there was an increase of 20% on an annual basis for a total value of € 13.3 billion, an increase in the Italian island of 39%, 35% at the center of 26% in the north east and south of 4% in the north west.

Mortgage House is booming demands

Italy is the first country in Europe for the positive trend of requests for loans: The monthly report of the Italian Banking Association (ABI) shows an increase of 9% in the first nine months of the year.

The figure marks a trend of increase that touches the very high absolute value of the sector amounted to 345 billion euro: the mortgage is finalized in most cases to ‘ purchase of the house and the boom of requests is a direct consequence of the major real estate transactions.

The demand for mortgages to buy in most of the first house is driven by the housing market: first from the major urban centers, especially in the south to the north than in the requests.

Regarding the concern of Indian real estate, according to the report of the Technical Group on estimated housing shortage, an estimated shortage of 26.53 million homes during the Eleventh year Five Plans (2007-12) provides a great investment opportunity.

The Real estate Company of the Godrej Group, Godrej Properties, and Home Frontier developer has launched a residential project in Gurgaon M joint venture with partner / s. Frontier Home Developers Pvt Ltd. It is a residential project debut in the National Capital Region (NCR) to Godrej Properties.

These are the some real-estate markets price fall & demand.

How to Sell a House Without a Real Estate Agent

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You can sell your house without the need for a real estate agent. No kidding. Normally, if you sign a contract with any real estate company, the average terms are as follows; the length of the contract will be for six months. The agent that you sign with will receive a 6% commission of the sales price of your home. If your home sells for $200,000, the agent will get $12,000 and you will only get $188,000. Surprise!

Here is the real deal. Let’s say that you get tangled up with a lazy real estate agent. Maybe your agent has no buyers at all, waiting in the wings. I am positive that any agent will work diligently for a week or two in order to sell your home. After that, your agent may begin to lose interest and they’re hoping that another agent somewhere in our country will bring the buyer. If so, your agent will receive a 3% commission anyway. At the moment that your agent loses interest, they move on to another property and abandon your deal all together.

Here’s the problem for you. Number one, your property is tied up for six long months. If your agent loses interest in your property, you are a cooked goose. You have signed a contract with them and now you are at their mercy.

Number two, you now have no recourse except to wait six months. Of course, you can yell at your agent, in order to let off steam, but they are accustomed to that and no real harm will be done.

Number three, during this period of time, you do not own your home anymore and you will not for the next six months. It is possible that you could rent your home, but every agent will discourage that, telling you that it will be difficult to show your home around a renters schedule. They will also tell you that a rental home will not show as well. All of which are true.

You could also sell your house yourself, while it is under contract. However, if you do not have that exception written in your contract before you sign, you may still be responsible for the entire 6% commission. Think before you sign on the dotted line.

Those are some of the problems, that you may run into, when dealing with a real estate company. I have a simpler solution. Sell your home yourself. Now, this thought may sound terrifying to you, but I am going to explain exactly, step by step, how to do just that later on. I have personally flipped twenty-nine houses and sold eighteen other houses and not one time have I ever used a real estate company. Never! And neither should you.
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