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Homeowners are jacking up prices

Business in Russia by Business in Russia
in Real Estate
Homeowners are jacking up prices
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Krasnodar realtor urged not to buy new buildings

Experts predict an increase in demand for the purchase of suburban real estate in 2023

Krasnodar realtor urged not to buy new buildings

Sellers of secondary housing began to inflate the prices of their properties. This is reported by the publication “Sibdom”, referring to the words of the interviewed experts.

– Determining the cost of their apartment, the sellers who put up such objects try to include all their needs in its price: how much they invested in repairs, how much they plan to spend on buying an apartment in the future, – the words of a real estate expert, property manager are quoted in the message. office of the company “AREVERA-Real Estate” Ekaterina Semenova.

Thus, the specialist notes, the price is formed, which is completely out of touch with the market. However, this does not frighten the owners, as they are in no hurry and do not set the deadlines for the transaction. More often than not, they are driven by the desire to see if the buyers for the apartment will give the asking price or not.

However, this also affects the market as a whole. Thus, the owners of apartments, which by that time had already been exhibited on the market, but had not yet been sold, looking at these overpriced objects, also begin to adjust the cost in their ads.

However, experts are sure that such inflated prices at the beginning of the year are not justified. At the moment, the demand is not so great that it was possible to inflate the cost so much. An indirect confirmation of this is the lack of impressions at such sites. Russians’ incomes have not grown enough to afford such a purchase.

The message Homeowners began to inflate prices on sale appeared first on the Realty Times.

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