The average budget for home buying premium is $ 3 million





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11.01.2011 17:37
Real Estate Market Analysis | The average budget for home buying premium is $ 3 million While sellers of real estate classes "business" and "economy" cut prices, offer discounts and spend every possible action to attract a buyer, whose hands are now linked the lack of housing loans - premium class continues to "keep face".

According to analysts, the average budget for home buying premium can be determined at a rate of $ 2 000 000-3 000 000. However, today there is a tendency to reduce the overall area of the apartment and, therefore, we can talk about reducing the total cost, say experts, wrote Building.

"In the last year there was only a slight drop in prices, not exceeding 10-15%, for housing purchase high-end", - said Head of the exclusive residential real estate CB Richard Ellis Catherine Garkavenko. A similar view was voiced and CEO, Build & Live Development Victor scorner: "This category of housing in the least prone to reduce the cost. In 2009, noted a fall in prices by 10-13%.

Whereas at the beginning of 2010 a decline of 5-7%. According to experts, this segment of the stability is due to several reasons. The main of them - a weak binding to the functioning of the banking and mortgage lending. That is why the deteriorating situation in the banking sector, a sharp drop in sales of luxury homes has not happened.

And since today the share class apartments "Elites" pledged to the banks is only 0,7-1,5% of the total market sales last year, even in the event of mass ejection in the mortgage market square meters, this percentage can dramatically affect the reduction prices in this segment.

"During the period from January to March 2010, investment in" elitku "was $ 21 million. And this is a $ 6 million more than the same period in 2009 "- voiced data Galina Melnikova, CEO of real estate agency Park Lane. "In this period we have seen sustained interest to a segment of real estate. Increased not only the number of transactions, but the number of counseling calls, "- said Mr. Melnikov.

Activation real estate market has confirmed and E. Garkavenko: "Since the beginning of March we had a lively interest from potential buyers - are becoming more frequent phone calls, advice and views. In addition, now a few of our clients are in the process of negotiations preceding the signing of the contract? "Sale".

According to analysts, the average budget for home buying premium can be determined at a rate of $ 2 000 000-3 000 000.
building.ua

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