This is a video of 30 'length of the Catalan television broadcast a report on the housing bubble pinzhazo.
If you want to sell a home I recommend you see it, is really very interesting and gives lots of information about what is happening in the market and what might happen in the coming months and years in real estate. Overall
not miss the end of the video!
CONCLUSIONS:
- We are at a cyclical change that is already visible in the difficulty of selling a home.
- It has stopped the purchase of second homes and home purchase as an investment.
- The overvaluation of homes is around 15-20% of its current price.
- Homes that used to be sold in 4 months now takes to sell more than a year after lowering the price.
- The case of America where some individuals are already living a dramatic situation may be a preview of what may happen in Spain in a few months.
segments are subtitled in Catalan, Castilian
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