Plots without a contract accounted for 80% of the land market of Moscow region in 2010

30.12.2010 10:16
Articles about real estate | Plots without a contract accounted for 80% of the land market of Moscow region in 2010 Proportion of plots without a contract on the land market in Moscow was about 80% in 2010, suggest materials and communications group "Zemer".

As seen in them, last year the figure was 85%. However, according to a study, the peak of the popularity of this segment of the market has passed, and "the market is gradually saturated."

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"On the contrary, offers classes of" business "and" elites "in the market areas without a contract is almost completely absent in some areas, creating a deficit in these segments," - stated in the report.

It is projected that next year the ratio of the market towns of Moscow region without a contract and a contract (or willing to house) will be in proportion 45% to 55% in 2012 - 40% to 60%.

Experts also point to the "unfreezing" of the market sales of bulk land in 2010.
"In the summer of 2010 were single transaction on major assets. Land became interested in end-investors, not speculators, as it was before the crisis" - the report said.

At the same time, according to him, speak of a massive demand on the wholesale market of land prematurely, mainly because of poor quality on the market. Meanwhile, a significant reduction in the prices of large plots of land are not observed.

"One of the key trends in 2010 - the transition from the sale of prime land in the cutting ... to a more rational approach to use it. The buyer demanded a better product", - states analysts say.

They predict that in the second and third quarters of next year on the market outside Moscow land should go a qualitatively new concept cottage settlements.

In 2011, analysts also expect a stabilization of prices in all segments.

"Exporters will continue to be offered at a discount, but demand for such a proposal does not find" - is in the study.
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