2009-02-11
In the last 5-6 months more and more tenants have been looking for a place to stay. The owners, who got used to keep on rising the rent, can not cope with a decreasing market, in which the purchasing power is lower and many people lose their jobs. Where do the tenants move and what are their choices?
2009-09-04
The companies which have bought parts of the residential complexes in Bucharest for reselling have sold around 50 units this year. The investors who have bought dwellings “at packages” from Bucharest projects have reduced the prices and diversified their portfolios in order to be able to cope the real estate crisis.
2009-05-26
Considering the current market situation, buying an apartment off-plan seems to be risky business. This option is still valid – providing that the advantages and disadvantages are correctly balanced. “The real estate market has been through major changes since the last term of 2008”.
2009-02-25
Renting is a strategy used by more and more developers who obstinately refuse to drop prices. Everybody knows that the real estate market is passing through a dire period. Few are those who are willing to sell at a great loss (as they see it) compared to the peak of the market, reached in 2007. Read the entire article here