Real estate market situation in Meinerzhagen and Kierspe
Short summary: The market is stable
Of course, we are not just saying this off the top of our heads; we have looked at and analyzed valid figures from the past two years. We have found that asking prices for houses and apartments and the time it takes to successfully market a property remain stable. Prices per square meter are still at the same level as in 2021, despite higher energy and financing costs. This is good news for sellers, as many fear a loss in value of their most valuable asset. We can give the all-clear for now.
Demand also remains stable. However, buyers are acting less spontaneously and expect substantially more in-depth advice – for greater clarity and certainty in their decisions. No one wants to make a mistake, and only very few can afford to do so. We are expected to provide precise information so that the buyer ends up with a bill that lists all costs, such as consumption, taxes, energy, and insurance. The Garcia Immobilien team is always well prepared for this and can answer all questions. This is a matter of course and an important part of our work. In this way, we support our customers in making secure, viable decisions.
Due to the rise in interest rates, the financial conditions have changed for some prospective buyers. They are postponing their purchase because they lack an overview of what they can afford and what their financing options are. There is an enormous need for advice here. This is where we can refer to our strong network of partners. In the area of real estate financing, we work with expert Ingo Hartmann in the Meinerzhagen/Kierspe region, who provides individual advice to his clients and creates customized financing plans (https://ingo-hartmann.forumfinanz.de)w e will provide you with detailed information about him and his expertise.
Yours sincerely, Pedro Garcia
