Spain Real Estate News
It is a spacious and bright house, has a garden or terrace, and the location seems right, or it's ready to move in. Apparently, it is the property you were looking for to make it your new home or your second residence. However, you should not rush. The house of your dreams can steal them if you are not careful.
Before going forward, you should analyze the property thoroughly. How can you discover the property is not what it seemed?
The real estate market gets affected by seasonal trends. Therefore, when deciding to acquire a home, it is essential to assess the time of the year. That would mean having good choice opportunities within reach and also finding more attractive offers.
...continue reading "Summer Is Over, and Here Comes the Best Season to Buy a Home: Autumn!"
The real estate market is very active throughout the year; however, there are times when viewings and home transactions accelerate. Buying a house during summer does not require special steps or conditions compared to other times of the year, but it does have some advantages.
...continue reading "Buying a house in Spain during summer: is it a good time or is it better to wait?"
The economic situation points to a rise in interest rates. Europe has largely recovered the GDP lost due to the pandemic; however, inflation has skyrocketed. In February, the CPI -Consumer Price Index- in Spain experienced an upward variation concerning the previous twelve months of more than 7%, a figure that wasn't that high for decades.
For its part, the US Federal Reserve already predicted a rise in interest rates at the beginning of the year, and the president of the ECB recently left the door open to it. The international outlook added to the rise in electricity, gas and fuel pricing could be the final push that leads to the decision.
...continue reading "Is an EU Interest Rate Hike on the Horizon?"
Having a financial cushion is essential to face the initial payment involved in purchasing a home. Having enough savings to buy a home may be complicated, but it is possible with some time and a few basic recommendations.
...continue reading "Saving to Buy a House: Tips to Face the Initial Payment"