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Showing posts from September, 2022

Listing the Key Factors impacting Real estate market in 2022

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The phrase "this is the best time to buy a house" has become a catchphrase among those in the real estate industry. This story was being spread even before Covid-19 made the decision to act spoilsport. The story remained the same even though the housing market and the real estate market, in general, have both been going through a difficult period. Rashid Saj Kareem, a famous real estate expert from Greece hereby walks us through some key points in the same context. Impact on the Jobs market More frequently than not, a higher rate of job switching is advantageous for the economy and the real estate sector. Rashid Saj Kareem adds that at a macro level, it is a sign that the youth are getting jobs and their seniors are getting better opportunities, even though it may have a micro impact on the individual.  In the past, the real estate market has thrived despite inflation and interest rates as high as double digits. In 2011, there were 13 increases in mortgage interest r