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Buying and renting real estate

High interest rates, high rents

Which housing model can I even choose in 2023?

Garcia Immobilien

YOUR SPECIALIST FOR REAL ESTATE

Trends, forecasts, and recommendations for 2023.

Buying and renting real estate

High interest rates, high rents

Which housing model can I even choose in 2023?

Garcia Immobilien

YOUR SPECIALIST FOR REAL ESTATE

Trends, forecasts, and recommendations for 2023.

Renting or buying: What's right for you?

Garcia & Co. Immobilien

Find property Your personal consultation

In view of rising interest rates, potential homebuyers may be wondering whether now is a good time to buy or rent. When comparing renting and buying an apartment, there are several aspects to consider. In this guide, we highlight the possible trends in the real estate market that can help you decide whether now is the right time to buy or rent a property.

The housing market in 2023 is likely to be characterized by high interest rates and high rents. This means that the decision between renting and buying a property will be more difficult than ever before.

Nevertheless, there will continue to be a solid mix of rental and purchase options in Germany. For those who are able to secure financing despite rising interest rates, buying an apartment or house could still be an option. However, due to high interest rates and rents, renting may be the only viable option for many people.

Several factors play a role in deciding whether to buy or rent. It is particularly important to bear in mind that both interest rates and rents are cyclical, which means that even if they are high now, they could fall in the future.

These factors should be taken into account when deciding whether to buy or rent a house or apartment:

1. Rental trends: Rents are rising due to high demand

As demand for housing continues to rise, rental prices are also increasing. This is due to a combination of factors, including high interest rates and limited availability of housing. More specifically, high interest rates make it more expensive for landlords to borrow money for real estate investments, which in turn drives up rental costs as landlords try to offset the increased cost of borrowing. This can result in tenants no longer being able to afford the higher rents and having to look for other apartments, the result is a vicious circle: greater demand for little (affordable) housing and landlords who can afford to raise rents due to demand.

2. Kauf-Tendenzen: Wenige Käufer lassen Kaufpreise (wieder) sinken

With borrowing costs rising due to high construction interest rates, the decision to buy or rent a property is becoming almost impossible for many people. Even a slight increase in interest rates can add hundreds of dollars to monthly payments. Some estate agents are therefore already talking about a possible trend reversal, as the pool of potential buyers who can afford or want to buy a property is becoming smaller and smaller. In the medium and long term, this will benefit potential buyers, as lower demand will lead to lower purchase prices.

3. Die langfristige Prognose

In the long term, performance on the German real estate market will be determined primarily by financial and demographic factors in the respective region. According to a study conducted by Postbank last year, investing in real estate in a popular location and residential area is likely to remain the most advantageous choice.

4. Wohnmodell und Lebensmodell sollten vereinbar sein

Whether you should buy or rent depends on your individual circumstances and financial goals. Ultimately, it is important to weigh up all your options and ensure that the decision you make best suits your financial requirements and lifestyle.

Buying has obvious advantages, such as building equity, but also some disadvantages, such as higher closing costs and maintenance expenses. On the other hand, if you want to remain flexible and mobile, or are just starting to build equity, it may be better to opt for an affordable rental.

Ultimately, however, the decision between renting and buying a property is always influenced by emotions; some aspects may be more favorable for renters, others for homeowners.

No, every era has or had its challenges. Knowing all the factors that make a sale easier and more secure is still helpful today.

Buying real estate in the past vs. today: Was everything really easier back then?

Buy or rent? What suits your situation best?

Let our experienced real estate agents advise you and find out what options you have when it comes to buying or renting a house or apartment, based on current market conditions and your budget. We will assign you a personal contact who will discuss all options, wishes, and ideas with you and see them through to completion. Just get in touch with us!

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Riccardo Giamporcaro

Real estate consultant for residential properties

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Pedro Garcia

Managing Director - Real Estate Consultant for Commercial Properties & Investments

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Peter G. Beuth

Real estate consultant for property owners Real estate valuations – DEKRA-certified expert in real estate valuation D1

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Sustainability in the real estate sector: support programs and benefits for owners

Sustainability is no longer just a buzzword, but plays a central role in the real estate sector. Owners who focus on energy-efficient construction, resource-saving modernization, or sustainable management of their properties today benefit in several ways: through government subsidy programs, long-term cost savings, and a significant increase in the value of their property. In the Olpe district and neighboring regions in particular, the requirements for sustainable standards are rising—and with them the demand for modern, future-proof properties. Whether KfW promotional loans for energy-efficient renovation, subsidies for photovoltaic systems, or special incentives from the federal states: it is worthwhile for owners to invest specifically in sustainable measures. In addition to reducing ongoing operating costs, such investments significantly increase the attractiveness of properties for buyers and tenants. Better rentability, higher return prospects, and a greater sense of security with regard to upcoming legal regulations are convincing arguments for more sustainability in real estate portfolios. Those who look into funding opportunities and sustainable concepts early on create real added value for themselves and future generations.

Home trends for 2025: Which features are particularly sought after in Attendorn?

What will make living in Attendorn particularly attractive in 2025? At a time when demands on owner-occupied homes and rental apartments are constantly rising, innovative features are becoming the focus of buyers and tenants alike. The local real estate market clearly shows that quality, energy efficiency, and technical sophistication have long been among the most important criteria when choosing a place to live. Not only are sustainable energy concepts such as heat pumps, photovoltaic systems, and modern insulation in demand, but also smart home technology, flexible room solutions, and high-quality bathrooms. In Attendorn in particular, trends are emerging that offer long-lasting living comfort and flexibility in everyday life. Living spaces that create a feeling of freedom with well-thought-out lighting concepts, floor-to-ceiling windows, and spacious balconies are just as popular as practical features such as charging stations for electric vehicles, accessibility, and individual design options. such as charging facilities for electric vehicles, accessibility, and individual design options. This combination of forward-looking and practical features makes real estate in Attendorn particularly attractive not only for owner-occupiers but also for investors. For owners who want to sell or rent out their properties, these developments offer valuable guidance on how to optimally tailor their properties to the needs of the market in 2025.

Barrier-free living: demand and implementation options in Olpe and the surrounding area

Barrier-free living is no longer a niche topic—demand is growing rapidly in Olpe and the surrounding region. More and more property owners and house hunters are recognizing the value of living space that is free of structural barriers and offers comfort for all generations. The focus is not only on seniors and people with physical limitations, but also on families who value flexible and future-proof living concepts. The growing demand for barrier-free real estate ensures that such properties are specifically sought after and carefully planned. Modern barrier-free apartments impress with wide passageways, level access, threshold-free bathrooms, and intelligent details that make everyday life noticeably easier. In Olpe, more and more builders, investors, and owners are focusing on high-quality fittings and innovative concepts in order to remain attractive in the long term and increase the value of their properties. Those who opt for barrier-free design early on not only secure a larger pool of interested buyers, but also invest in comfort and quality of life for the future. Especially in view of demographic change and new lifestyles, this is a decisive competitive advantage in the region's real estate market.

Real estate investment in 2025: opportunities and risks at a glance

The real estate market in 2025 offers both experienced investors and newcomers fascinating opportunities to diversify their investment strategies and enjoy sustainable returns. However, as in any area of investment, there are challenges that need to be overcome. In view of current economic developments and inflation, it is important to select the right properties with a clear focus and sound analysis. One key to success lies in close market observation and the identification of up-and-coming regions. Experts emphasize that interesting return opportunities exist particularly in urban areas with growing populations and increasing demand for residential and commercial space. However, potential risks, such as changing interest rate environments and regulatory uncertainties, should always be taken into account. Forward-looking planning and strategic alignment are therefore essential in order to fully exploit the advantages while avoiding potential pitfalls.

The role of the real estate agent in the modern real estate market: A guide

Real estate agents play a key role in the modern real estate market, combining expertise with interpersonal communication skills. When you decide to buy or sell a home, the support of an experienced agent can make the difference between a successful and a discouraging process. Not only do they know the market and help you find the right price, they also offer emotional support and legal security. A good real estate agent not only has extensive knowledge of local market trends, but also has a wide network of contacts ranging from tradespeople to financial advisors. Garcia & Co Immobilien GmbH places particular emphasis on strategic advice and individual support to ensure that every real estate transaction is a tailor-made success. Trust, transparency, and commitment make all the difference. Make your next real estate purchase or sale stress-free, efficient, and profitable by relying on the expertise of a professional real estate agent.

Current trends in the real estate market in 2025: What buyers and sellers should know

The real estate market in 2025 is facing dynamic changes that will have a significant impact on both buyers and sellers. One key trend is the increased use of digitalization in real estate, from virtual viewings to data-based price analyses. These technologies enable potential buyers to make informed decisions and offer sellers forward-looking marketing strategies. Demand for environmentally friendly and energy-efficient properties is also growing rapidly. Modern buyers value low emissions and sustainable construction, which has a significant impact on property values. Another trend is the urbanization of smaller cities, as more and more people are moving from large cities to smaller communities to benefit from a higher quality of life and lower prices. This development opens up opportunities for sellers who invest early in up-and-coming regions. At the same time, this means that buyers should consider more options outside the traditional "hotspots" in major cities. In summary, knowledge of these trends and their implications for the buying and selling process can have a decisive impact. It is now more important than ever for buyers and sellers to closely monitor the market and position themselves accordingly.

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