ᐅ The situation in the real estate market... unbelievable
Created on: 12 Nov 2019 18:29
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Reinhard84.2
Hello everyone,
We are currently looking for a property in the Lower Rhine region, which is not a particularly sought-after area, but unfortunately, the prices are not any better than in eastern Germany. When calling several real estate agents, they mentioned up to 50 viewings scheduled for one property. This was for a standard semi-detached house with a somewhat larger plot. I get the impression that as soon as a house has a garden bigger than a chicken coop, the interest is incredible.
Of course, the municipalities are not designating any new building land, as that would spoil the surroundings… (to what extent that is still possible is left to their imagination). This naturally has the convenient side effect that existing building plots and older properties are insanely expensive.
You can probably wait half a lifetime for the supposed recession, falling prices, and available properties. It’s all frustrating and a real pity.
Thanks for listening.
We are currently looking for a property in the Lower Rhine region, which is not a particularly sought-after area, but unfortunately, the prices are not any better than in eastern Germany. When calling several real estate agents, they mentioned up to 50 viewings scheduled for one property. This was for a standard semi-detached house with a somewhat larger plot. I get the impression that as soon as a house has a garden bigger than a chicken coop, the interest is incredible.
Of course, the municipalities are not designating any new building land, as that would spoil the surroundings… (to what extent that is still possible is left to their imagination). This naturally has the convenient side effect that existing building plots and older properties are insanely expensive.
You can probably wait half a lifetime for the supposed recession, falling prices, and available properties. It’s all frustrating and a real pity.
Thanks for listening.
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Pinkiponk13 Nov 2019 15:39Please don’t lose patience and keep at it if this is important to you. Are you also considering buying land and building a house?
Other people have probably given you this advice already: drive around the area on weekends and talk to people working in their gardens or sweeping paths, for example. Also, make stickers or business cards offering a reward for successful referrals. Additionally, here comes an unpleasant tip: unfortunately, people sometimes go through divorces and want to start a happier life somewhere else. You might hear about such situations and have the chance to approach them early on.
Other people have probably given you this advice already: drive around the area on weekends and talk to people working in their gardens or sweeping paths, for example. Also, make stickers or business cards offering a reward for successful referrals. Additionally, here comes an unpleasant tip: unfortunately, people sometimes go through divorces and want to start a happier life somewhere else. You might hear about such situations and have the chance to approach them early on.
Winniefred13 Nov 2019 16:44You really must not lose courage. It helps to tell people you are looking and to listen carefully to others. Of course, use the internet and keep your eyes open. Eventually, it will work out; you just need patience.
We had a death in the family, and with that, two nice plots of land in Mecklenburg, in the lake district, came into the picture. We received purchase interest directly from the family doctor and several neighbors—almost immediately alongside the condolences—even though the land is not officially for sale. But what I want to say is that in good locations, this is how it works: everyone keeps their eyes and ears open for plots, and you can sell them completely without any listing.
We had a death in the family, and with that, two nice plots of land in Mecklenburg, in the lake district, came into the picture. We received purchase interest directly from the family doctor and several neighbors—almost immediately alongside the condolences—even though the land is not officially for sale. But what I want to say is that in good locations, this is how it works: everyone keeps their eyes and ears open for plots, and you can sell them completely without any listing.
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Reinhard84.213 Nov 2019 18:28Thanks for the feedback. I've already started asking around at work and among acquaintances. But I'm not the only one at work; it feels like every under-40 with a family is looking.
@nordanney Specifically in the area of KR, Moers, and the southern part of DU on the left bank of the river.
Since we already live in a mid-terrace house (rental), we have a pretty clear idea of what we don’t want.
@nordanney Specifically in the area of KR, Moers, and the southern part of DU on the left bank of the river.
Since we already live in a mid-terrace house (rental), we have a pretty clear idea of what we don’t want.