Europeans show better than expected property interest

June 4, 2020By Edward Maas

As travel restrictions in Europe are being lifted

Hi Everyone, it's Ed

It's in the air...

Several european countries are lifting travel restrictions sooner than originally expected. Many of our visitors have been very eager to travel for viewings in France, Spain, Italy and other countries, but thusfar weren't able to.
As estate agents were not allowed to even visit their offices the last couple of months or to make mandate visits with home sellers, the latest lifting of restrictions now seems to drive a catch up for new listings from sellers. Typically spring time is an active period for viewings and that opportunity simply vanished.
The lovely weather we have had in Europe since March has kept spirits high and we want to go out and about.

House prices in France , Italy and Spain

It appears, for now at least, that the lockdown has hardly impacted asking prices. How this will translate into actual selling prices and the economic sentiment towards investment into the most popular holiday homes markets will surely become more apparent in coming months.

Read More

Property Survey Result April 2020 | Costa del Sol

May 6, 2020By Edward Maas

April buyers mini survey

Hi Everyone, it's Ed

2 weeks ago we published a survey in our mailing with post Corona expectations from major property portals and other intermediaries.

At that time we included a mini survey in the Newsletter, one week later followed by the same mini survey on our website which ran for just 4 days last week. Just over 200 results came back, which is a little less than hoped for, but it probably shows a fair distribution of wider thinking and also a little less future concern one week after the first.

Due to the massive impact of the near global lockdown of public activity on the world economy we asked these 4 simple questions and the results are shown below:

Question 1: WHAT HAPPENS TO PROPERTY PRICES IN THE NEXT 6 MONTHS?

Answers Newsletter Survey
(24 April)
Web survey
(30 April)
Drop slightly 25% 23%
Drop significant 44% 24%
No change 18% 10%
Increase Not asked 8%
I don't know 13% 35%

Read More

Are property prices going to come down?

April 24, 2020By Edward Maas

Property industry expectations

Hi Everyone, it's Ed.

In recent weeks we have seen a series of economic expectations being updated from a sucession of surveys. In fact the outlook from the impact from the COVID-19 lockdowns has worsened gradually during April.
So, what is expected to happen to the property market in general and what are the (financial) effects for Buyers, Sellers and Intermediaries.

Probably a confirmation of what many would expect but still some interesting results.

 

Keep reading!

Let’s be positive and make it work

April 3, 2020By Edward Maas

This beautiful Australian garden Dahlia picture was sent to me today by a family member.

With spring around the corner in Europe and many of us in some form of lockdown and almost being forced to consume long days of the same black news, we prefer to stay positive and bring some color. Of course we ‘chapeau’ the medical profession being under high pressure circumstances trying to save lives around the globe.

To this end we’re going to substantially soften our advertising rates because we don’t know how the real estate economy will react to this Tsunami of events.

Sellers

For Sellers we offer a top level facility at a very competitive price. The Moulin Ad is fully featured, not with the usual price driven limitations found on many other platforms. If you have a house to sell in one of our active regions, do give it a try at this very low price.
Keep reading!

How Covid-19 has hit the property market Worldwide

April 1, 2020By Edward Maas

The property market, like almost everything else, may not be the same when this is over. I hope you and your families are well during this time.

How we’re dealing with it

The analytics of our niche portal https://moulin.nl for March show a reduction of property requests by 30-40% and visitor totals are down by about 20%. The information requests that are coming in are mostly serious though and directed towards properties with an attractive opportunity due to location and/or price.

As we are facing an unexpected economic downturn, some businesses may not return after this is over. We will all need to chip in and be loyal to those affected most. Our business, being relatively small and lean,  is of course affected but we will stay afloat. But we hope for a rapid global resolve.

Of course France, Spain and Italy have been hit particularly hard as they were forced into near or total lockdown. But, there are also positive soundings. All of our partners are individually safe and still in good spirit. We have spoken with a number of them in France, Spain and Italy and feedback is similar.

Keep reading!