HOUSE PRICES BOUNCE BACK

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Residencial Santa Ana del Monte forum threads
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16 Dec 2009 12:00 AM by TonyMal Star rating in Oxfordshire. 1090 forum posts Send private message

Hi All,

I recieved an email today from QSD and it had the info below plus a link to the Caixa report.

I hope it is of some interest

Tony

'THE PROCESS OF ADJUSTMENT OF THE PROPERTY MARKET IN SPAIN AND MADRID' REPORT BY CAIXA CATALUNYA
House prices bounce back and increase in regions where the ‘stock’ has been absorbed
EUROPA PRESS | 11/12/2009
MADRID.- Something is going on in the housing sector and there seems to be light at the end of the tunnel. The 'stock' of apartments on sale has been almost totally absorbed in some Spanish regions due to increased demand, according to information published in the report 'The process of adjustment of the property market in Spain and the Region of Madrid' published by Caixa Catalunya. The financial institution also indicates that the price of some of its housing developments has already increased by between 3% and 5% in those areas where the surplus offer is now almost inexistent.



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17 Dec 2009 9:13 AM by Laird Dave of Lochaber Star rating in San Miguel De Salina.... 180 forum posts Send private message

HI

This report is ONLY of interest if you intend purchasing in the MADRID region. The total opposite figures for the Valenicia and Murcia regions where the majority of ex pats purchase including those of us daft enough to buy at Santa Ana Del Monte.

Complete smoke screen, Tony.

Not just my opinion but the opinion of many financial institutions in these regions who report downturns in the construction and property sectror for at least the next 3-5 years.

The only people who are buying at the moment in any great numbers are the Scandinavians who are, quite rightly, haggling for the best prices.

Dave




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19 Dec 2009 9:21 PM by HAWKINGS111 Star rating in Las Filipinas. Spain.... 290 forum posts Send private message

HAWKINGS111´s avatar

Hi tony.

Great result for the Arsenal today against Hull 3--0.

We are still in the race in spite of our continuing injuries and have a game in hand which i believe is at home to bolton.

Beat Oporto and we are in the quarter finals of the champions league. Great chance.

With regards to your post, we are living the dream in Spain but still try to keep up with whatever is going on at SADM and also the housing situation. We noted the e.mail from QSD but quite frankly we ocassionally look in the windows of various real estate agents and from our limited experience here in Spain, we can see that propery prices generally speaking are at a stand still with thousands of properties still unsold and many, many just left half completed and like ghost areas. I agree with Dave that it will be at LEAST 3-5 years before the Spanish property market gets back on some sort of even keel.

The only people who can at the moment benefit in the Spanish property market  are those that are BUYING but there are very few of them for various reasons. So selling assets that hdt or sj will need to do to raise cash is going to be a very difficult task for the very, very foreseeable future.

Anyway, just to wish you and all Arsenal supporters a great footballing new year.

Come on you GUNNERS!             Bob.

 


 



This message was last edited by HAWKINGS111 on 19/12/2009.



This message was last edited by HAWKINGS111 on 19/12/2009.

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      Now  Retired and have our money back in FULL via our bank guarantee.    Bob and Pauline.



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31 Dec 2009 2:48 PM by TonyMal Star rating in Oxfordshire. 1090 forum posts Send private message

Hi Bob,

Just read your email. I am pleased to be able to say that it was a great game last night ( 1 -4 Porsmouth - Arsenal) and we are catching up with Chelsea. You never know, this may be a good season for us.

Wishing you and yours a Happy New Year

Tony




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10 Jan 2010 4:51 PM by MAGICMEG Star rating in Scotland. 546 forum posts Send private message

Tony regards your post 16 th December ,,,,,,, What a lot of tosh !!!!!!!  Dream on  Tiger !!!!!! are you actually wearing blinkers or just pretending to !!!!!!



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     but I am willing to accept that sometimes (although not very often ) I can be  wrong !



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