The second hand real estate exhibition I closes its doors with a good balance in Madrid
February 2, 2010
The promoter of this fair of individuals, Eduardo Molet, asserts that the number of visitors has exceeded expectations for assistance. "In the Hall were eventually exhibited nearly 1,700 homes of private individuals, and we were expecting an influx of some 1,000 visitors public." "The 4,000 attending indicates that it is not the demand for housing that is in crisis, but the offer".
Says Eduardo Molet that one of the main conclusions that can be drawn from this real estate show is that if the owners do not move down its claims of sales between 30% and 40%, you can hardly sell your home.
It is thanks to this change of trend in the last eight months the situation of the real estate sector still immersed in a deep crisis, is improving.
Another important conclusion which extracts the Organization of this second hand real estate exhibition I, is that he confirms that the demand has changed in recent years. The buyers were young couples who wanted to access the first housing and young professionals with a good wages that could buy apartments of one or two rooms. Precisely those that now the banks do not give credit. Currently, demand is of 3 and 4 bedrooms apartments, acquired by individuals aged between 40 and 50, solvent and liquid, need not much funding, and that financial institutions Yes granted credits.