In 2011, the market will return large developers

14.01.2011 08:00
Real Estate Market Analysis | In 2011, the market will return large developers In the new year, suburban real estate market can count on the return of large developers, as well as the emergence of new players. This opinion was expressed by the Director of the Department of suburban real estate company Penny Lane Realty, Dmitry Tsvetkov.

"In 2011 we expect to return to the market of large developers, and possibly the emergence of new ones. With a stable economy, the mass yield of cottage settlements is possible within the next 2-3 years. The yield of new settlements hinders not the amount of free money, and the number of buyers. If you see a client - there will be construction. To date, customer demand has formed at the level of realtor agencies, we are talking about dozens of transactions per month. As soon as the opportunity to sell 200 homes a month in one village, immediately announced, and developers, and projects ", - said the expert.

Related article: Price forecast for new construction -2011

According to him, over the past year was a deficit of high-quality ready-made objects in the primary real estate market. "If you consider all the available supply, then 80 percent of it -" Lifeless, "that is illiquid with inflated price. On the market today presented about 600 cottage settlements. In half of them for the year was sold less than 7% of the total number of objects sold, indicating a lack of interest in him from the buyer. At that rate, sales of existing "good" can stretch more than 10 years ", - says Dmitry Tsvetkov.
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