The real estate market is in a state of upheaval, buyers and sellers often do not find each other.
(Photo: imago images/Shotshop)
Dusseldorf Just a year ago, those interested in the real estate market were happy if they were invited to view a property and were able to submit a bid in the bidding process – above the advertised price, of course.
There are now more offers on the market and potential buyers can hope for a price reduction – but not everywhere.
Due to the sharp rise in interest rates, financing conditions have deteriorated to such an extent that even cheaper properties are no longer affordable. The Handelsblatt has compiled the most important advice on how buyers should currently act on the market.
1. Understand the real estate market situation
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