HomeMuch is talking about the slowing housing market, both in numbers of houses built, prices, and sales cycle.
Without reaching a bubble situation, the 2007 is presented as a key year in the real estate brokerage.
In the world "half of the 30,000 estate agents start their business and will close their doors within 2 or 3 years due to the correction that the housing sector will suffer as a result of stagnant sales for the high price of property but not phoenix rental. Since few years that homeowners take twice as long to get rid of them, which is causing a sharp increase in the inventory of homes offered from phoenix rental.
However, there are other news
id="more-412">stories tell of a sustained growth:
The medium-sized real estate rose 10% its turnover this year, to 16,400 million
The reality is that for small estate, and businesses that were created recently as a result of the housing boom is going to be a tough year:
The oversupply of housing estate slows opening
The real estate agencies have proliferated in the last decade, due to its high profitability: prices rose in this period by 400%, and brokers' commissions grow in proportion to the price (3%).
According to industry professionals, "to sell floors really do not need too much and is a world that moves much money, so that when some years ago he lost the title legal value of API and anyone could mediate a buy - Sale began the proliferation of companies that has been extended until today.
Currently the market is in crisis, some owners can no longer sell their flats even as they rejected last year, and many agencies will have to close but not for phoenix rental - Apartments Near Arizona State.
October 21st, 2009