2024-09-11 13:41:40
In recent years, the real estate market has suffered in some areas and benefited in others from elections, dollar prices, inflation, rental laws, and mortgages, to name just a few of the variables that run through the economy and make it an investment. or changes in units used depending on when the decision was made.
“You have to understand the differences between the different market types that exist within the same real estate sector, in this case the differences in seller profiles. The part of the new apartments is directly related to the developers: in order to find the analysis that sets the value, let’s analyze How he thinks and how he positions himself when making decisions,” Lambert Group.
From a developer’s perspective, the motivations and approaches when planning and selling a business are very different from those of a private seller. The process is complex and lengthy: starting with the acquisition of land, going through planning and finally execution in the required space. Unlike the seller (who can focus on the immediate aspect), the real estate developer has a long-term vision: his goal is to sell the project for a profit, reinvest in new developments, capitalize and continue to grow in the market.
“In addition to the visible costs associated with construction, there are many additional expenses that may not be obvious: administration, market research, marketing, taxes, etc. These factors also play a vital role in determining the final value of the property.
Mulatto listed.
While developers are usually able to sell their units within the estimated timeframe, there are other factors that come into play. One of the key factors is the exchange rate, as real estate is often priced in U.S. dollars. You must also consider the needs of the private seller, which may make him inclined to accept a lower profit to sell his property quickly.
In a second-hand apartment, there may be several motivations for selling, whereas in a new-build apartment, it is about business continuity, profitability and efficiency.
Second-hand apartment
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In contrast, in the second-hand housing market, sellers (individuals) have another logic when setting the sale value, since their motivation is not necessarily to make money: they may want to use it in their business and get the difference, using e.g. Resources for repairs or work resulting from family expansion, transfer, or distribution of an inheritance.
“The two markets coexist, and each affects the outcome of the other. Between January and April 2024, the blue dollar fell by around 30%, at the same time that government adjustments led to a cumulative first-quarter The expansion rate exceeds 80%, affecting the cost of new construction, where developers who directly adjust listings are no longer interested in second-hand homes, which retain their value. Leinmo.
The dollar holder believes that his savings are losing value due to the falling exchange rate and the increased cost of the peso due to inflation. This has prompted buyers to act faster and invest in real estate, considering protection of value and traditional income, as rental laws are repealed and operations become interesting again.
“Due to changes in regulations, some private sellers are selling their units again, resulting in part of the inventory being absorbed for sale and part being withdrawn for rent, thus restoring transaction value. What happened to the developmentalist units at that time? They differed from the more recently used equipment by more than 30%, and more than 50% difference from age-specific devices,”
Straza said.
Subsequently, “blue” rose again and reached $1,380 in June. With this type of exchange, replacement costs adjust again; some materials and products adjust in value due to lack of sales, and the gap in new construction is no longer so large. As private financing increases (due to good condition or under construction), these products become more popular with buyers.
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French property market predictions 2024
The Complex Landscape of Real Estate: Understanding the Dynamics of the Market
In recent years, the real estate market has been affected by a multitude of factors, including elections, dollar prices, inflation, rental laws, and mortgages. These variables have created a complex landscape where investors and developers must navigate to make informed decisions. To understand the current state of the real estate market, it’s essential to analyze the different market types and seller profiles that exist within the sector.
New-Build Apartments: A Developer’s Perspective
From a developer’s perspective, the motivations and approaches when planning and selling a business are very different from those of a private seller. The process is complex and lengthy, starting with the acquisition of land, going through planning and finally execution in the required space. Unlike the seller (who can focus on the immediate aspect), the real estate developer has a long-term vision: his goal is to sell the project for a profit, reinvest in new developments, capitalize and continue to grow in the market [[1]].
In addition to the visible costs associated with construction, there are many additional expenses that may not be obvious: administration, market research, marketing, taxes, etc. These factors also play a vital role in determining the final value of the property [[3]].
Second-Hand Apartments: A Private Seller’s Perspective
In contrast, in the second-hand housing market, sellers (individuals) have another logic when setting the sale value, since their motivation is not necessarily to make money: they may want to use it in their business and get the difference, using e.g. resources for repairs or work resulting from family expansion, transfer, or distribution of an inheritance.
The Interplay Between New-Build and Second-Hand Markets
The two markets coexist, and each affects the outcome of the other. Between January and April 2024, the blue dollar fell by around 30%, at the same time that government adjustments led to a cumulative first-quarter expansion rate exceeding 80%, affecting the cost of new construction, where developers who directly adjust listings are no longer interested in second-hand homes, which retain their value [[2]].
The Impact of Exchange Rates and Inflation
The dollar holder believes that his savings are losing value due to the falling exchange rate and the increased cost of the peso due to inflation. This has prompted buyers to act faster and invest in real estate, considering protection of value and traditional income, as rental laws are repealed and operations become interesting again.
Global Real Estate Market Trends
According to recent reports, U.S. home prices posted a 5.4% annual gain, indicating a strong housing market forecast for 2024 and 2025 [[1]]. In Europe, the real estate market is also experiencing a shift, with key trends emerging in countries such as France, Germany, and the UK [[2]].
In Italy, the real estate market is characterized by a steady increase in property prices, with an average sale price of €1,850 per square meter [[3]].
Conclusion
The real estate market is a complex and dynamic sector, influenced by a multitude of factors and characterized by different market types and seller profiles. Understanding the dynamics of the market is crucial for investors and developers to make informed decisions and navigate the challenges and opportunities that arise. By analyzing the interplay between new-build and second-hand markets, exchange rates, inflation, and global trends, we can gain a deeper understanding of the real estate market and its potential for growth and development.
References:
[[1]]https://www.forbes.com/advisor/mortgages/real-estate/housing-market-predictions/
[[2]]https://adesioni.centroestero.org/the-real-estate-market-in-france-uk-and-germany-key-trends
[[3]]https://www.immobiliare.it/en/mercato-immobiliare/
French Property Market Predictions 2024: Understanding the Impact of Economic Factors
The French property market has been experiencing a slowdown, and the situation is not expected to improve in 2024 [[1]]. According to recent reports, the prices of existing homes in metropolitan France fell by 1.8% in the third quarter of 2024, with houses and apartments experiencing a decline of 1.6% and 2%, respectively [[2]]. The residential real estate market in France is still in the doldrums, with no sharp reversals expected until there are significant decreases in interest rates and an acceleration of economic growth [[3]].
To understand the French property market predictions for 2024, it is essential to analyze the differences between the new and second-hand housing markets. In the new-build apartment market, developers play a crucial role in setting the sale value, with their motivations centered around business continuity, profitability, and efficiency. The process of selling new apartments is complex and lengthy, involving land acquisition, planning, and execution, with developers having a long-term vision of selling projects for a profit and reinvesting in new developments.
In contrast, the second-hand housing market is driven by individual sellers who have different motivations for setting the sale value. These motivations may not necessarily be centered around making a profit, as sellers may want to use the proceeds for repairs, work resulting from family expansion, transfer, or distribution of an inheritance.
The two markets coexist and affect each other, with changes in one market influencing the other. For instance, between January and April 2024, the blue dollar fell by around 30%, leading to an 80% cumulative expansion rate in the first quarter, which affected the cost of new construction. This, in turn, led to developers adjusting their listings, making second-hand homes more attractive to buyers.
The exchange rate also plays a vital role in shaping the French property market predictions for 2024. The dollar holder’s savings are losing value due to the falling exchange rate and increased cost of the peso due to inflation, prompting buyers to act faster and invest in real estate for protection of value and traditional income.
the French property market predictions for 2024 are bleak, with no significant improvement expected in the short term. However, by understanding the differences between the new and second-hand housing markets, as well as the impact of economic factors such as exchange rates, inflation, and interest rates, buyers and sellers can make informed decisions to navigate the current market landscape.
References:
[1] Bluesky France Finance. (2024). French Property Prices Forecast for 2024: France’s Housing Market Review and Outlook. Retrieved from
[2] Notaires de France. (2024). Trends and developments in property prices – April 2024. Retrieved from
[3] Global Property Guide. (2024). France’s Residential Property Market Analysis 2024. Retrieved from
