How do you think the Housing Market will perfom in 2021? Did you change your plans or expectations over time or are you still thinking to a potential increase of investments in second homes or realization of new projects?
If you are interested in buying or selling a home in 2021 for personal or working purposes, you should first of all understand how the trends of the housing market are.
Either you are a seller or a buyer, it is possible you can get a deal: the Covid19 has caused many modifications of our daily habits but, despite of working often from home, using our technology to stay up to date, if you aim to purchase a home, take your best time to beat out competition.
A positive challenge can be that the real estate industry is growing its performance and expectations for the current year and this fact can be interesting.
In UK, if you are curious to know what will happen to London House prices, the predictions are positive and increasing…
the outlook has improved since the beginning of the year given the speed of the vaccine programme, the expected relaxation of social distancing measures and government support for both jobs and the housing market. (Source: standard.co.uk)
Thinking to new investment for the current year or in the future, Fannie Mae’s Economic & Strategic Research (ESR) Group provides analysis of current and historical data for the economy, housing and mortgage markets, and forecasts trends to help decision-makers anticipate profitable opportunities.
What are you waiting for?
We would like to continue thinking positive and aim to new good challenges which will tend to increase in comparison with high numbers of vaccinations.
For whom who live in Italy, we also can profit of positive moments and in potential growth. Working in the tourism industry, it could be the right moment to create something more in prediction of lucky deals.
Italy’s housing market remains steady, despite the pandemic-induced recession. During the year to February 2021, nationwide house prices rose by 1.6% to an average of €1,719 (US$2,055) per sqm, according to real estate portal Idealista. When adjusted for inflation, house prices increased 1.1%.
Considering the current situation, the only thing you should determine is the right choice for renting or buying a home. It can be very helpful the use of a rental mortgage calculator, which estimates the loan size you could pay for given your current monthly rental payment.
Take a look at it and let us know if it was effective for you as well…
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