EU real estate market tips? Liveio.com is a hot real estate platform aimed at helping real estate agents and individuals to buy real estate properties in Europe. We will also talk about some real estate strategies combined with some analysis of 2019-2020 real estate market trends in EU.
The interesting thing here is that Brexit is something that is more inside European investors than global investors coming from places like Asia or the Americas, for example. 83% of real estate professionals believe that there will be a difference in economic growth between the UK and the EU during 2020. In fact, more than 70% believe UK’s capacity to attract international investors will decrease after the Brexit date. Even though there is also social inequity, with the lack of social housing and senior care, this won’t be the main concern during 2020. Instead, the main focus will be on affordability as the prices are going up. According to PWC Global Trends Report, almost 50% of the interviewees believe prime assets are over-priced. This issue is especially relevant in markets like Spain and Portugal where the average wages are lower. However these markets remain pretty interesting for foreign investors as the prices per m2 are still lower when compared to it’s European peers.
Why are real estate investors still flocking to Europe? Just a few years ago, everyone was predicting the end of Europe, especially the end of continental Europe. But we have still seen ever-increasing property prices as investors flock to the markets; Berlin, Lisbon, Dublin, Rotterdam, and Zagreb are among the European cities experiencing high levels of growth. Real estate markets in Europe, however, whether commercial or residential, are actually very expensive. Considering that crises are high and property assets are trading at incredibly low property yields; this makes the underlying value of properties very high. So how is it possible that a continent experiencing modest economic growth with a still-low inflation – though improving, albeit slowly – continues to attract global investors? The answer is simple: it’s all linked to the monetary policy of the European Central Bank (ECB), and it has nothing to do with real estate. The ECB has a loose monetary policy of keeping interest rates artificially low; on 25 July 2019, it decided to keep them unchanged at 0.00%, 0.25% and -0.40% for as long as necessary. Investors, therefore, don’t see any other possibility than investing in real estate. Buying stocks can be too risky as they are volatile, and bonds are expensive considering yields are still hovering around very low levels. Find extra details Advertise Property Online.
Now let’s talk about a few real estate tips for sellers: List on all websites! Get your listing on Liveio, Zillow, Trulia, Westside Rentals, Redfin, Craisglist and VRBO, just to name a few. Most homebuyers do their own searching online before contacting a real estate agent, so it’s best to get seen early on. Remember that someone looking at Zillow isn’t necessarily looking at Trulia or Craigslist, too. Every website you get your listing on plants another seed of growth and possibility, so use as many as you can. Quick tip: Zillow and Trulia posts should be removed and uploaded again every week. Many people disagree with me, but I think it’s worth the hassle since most phone calls come in during the first two days of a listing. Zillow and Trulia work on time-sensitive platforms that keep the most recent listings at the top, which is where you want to be. The top listings are the ones people see and call about. Make sure to respond instantly to inquiries whenever you can.
Why should I become a Liveio Agent? Agents can create their own personal channel in the network, form an inviting profile page, are able to list their current properties for sale and inform about upcoming open house showings. By signing up for a Liveio Agent-account you guarantee to expand your client base – from a local to global scale. Reach a new international client base. List unlimited amount of properties for sale or rent. Create your own personalized advertising page. Team up together and represent an agency. Source: www.liveio.com.