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Real estate prices in Germany are rising every year. In metropolitan areas such as Munich and Berlin, price increases are particularly high compared to the previous year. However, compared to the rest of Europe, price growth in Germany is still moderate.

If you want to hire a tradesperson in Germany, you usually have to wait a long time. Around 100 days pass between placing the order and the work starting. Those who don't want to wait that long often fall prey to dubious providers or end up being let down. But what is the best way to go about hiring a tradesperson?

Anyone who wants to calculate the value of their own property will eventually come across the term "standard land value." The standard land value indicates how much one square meter of land is worth in a specific location. But how is it calculated and what is it used for?

Thirty years ago, real estate buyers paid up to 10 percent interest on loans for their homes. We have now been in a low-interest phase for several years. It is impossible to predict when interest rates will rise again. Interest rates are currently falling even further. Experts are already speculating. Will we soon see interest-free loans or even loans with negative interest rates?

Many property owners know how much living space their property has. But they are often unsure about how this is distributed between the individual rooms. How is the area of a room with a sloping roof calculated? Does the newly built balcony count as 100% of the living space or only proportionally? There are a few things to consider here. In any case, it is important to measure accurately. Errors in calculating living space can result in high costs.

Do you know what radon is? Yes? Then you probably paid attention in chemistry class. But even property owners who didn't get top marks in chemistry should take a closer look at this element. Alongside smoking, radon is the most common cause of lung cancer—and this radioactive noble gas enters homes through the ground.

From tradition to innovation to a new office: We would like to take the good atmosphere and lively backdrop of the Attendorn City Festival as an opportunity to personally introduce you to our new office space.

We look forward to seeing you at the town festival.

The concept of real estate retirement is becoming increasingly well known in Germany. It is often explained as follows: Seniors who retire their real estate receive a monthly pension payment for the rest of their lives and retain the right to live there for life. However, this is not entirely accurate. In fact, there are several annuitization and payment models. We present the most popular annuitization options.

 

Does the Baukindergeld (child benefit for home buyers) really work? Before the introduction of the subsidy for young families, many critics were skeptical. But the latest figures speak for themselves. In 2018, 248,500 single-family and two-family homes were purchased. That is 2.1 percent more than in the previous year and a new record.

 

As much as homeowners look forward to their vacations, there is always a little uncertainty. After all, vacation time is also peak season for burglars. They scout out single-family home neighborhoods and see which neighbors will be away for an extended period of time. However, those who turn their own homes into vacation rentals while on vacation make it difficult for criminal gangs.

For many real estate sellers, a short selling period and a high selling price are ideal. But how can this be achieved? The aim is to convince potential buyers of the property's merits. This means presenting it in the best possible light. Home staging allows sellers to showcase their property in a targeted manner. And this has been proven to have a positive effect on the price and the length of time it takes to sell.

Real estate prices in Germany continue to rise. How long can this continue? The German Institute for Economic Research (DIW) estimates the risk of a price bubble in Germany at 92 percent. But how does such a bubble arise, and in which regions of Germany is the risk particularly high?