While the number of Hungarian buyers dropped by 14% from 2021 to 2022, there was a 38% increase of foreign buyers in the same period. What are the reasons behind this growth of interest? And what could we exeperience so far in 2023?
„I leave it in your capable hands, Szilvia” told me several times Irish clients at the beginning of my career which I will always remember.
Last year was so busy that I did not have time to write any posts unfortunately. Let me sum up now briefly what happened on the market in the last year and what can we expect from this year.
As I received the above question many times I thought to give you a little insight into the prices at which flats are actually sold. It will help you to know the REALISTIC VALUE of your property and have realistic expectations.
What a year we had! 2020 we will never forget. And it is still not over, we have more than a month ahead. In March, I felt like becoming part of a movie. Virus. Masks everywhere. Distance keeping. Borders closed. Schools closed. Shops are cleared out by a mass of buyers. Is it real?
Facts and figures of the past months which can answer your questions about the current market trends.
The leading real estate portal of Hungary just published an article to show how much years of work is needed to buy an apartment in Budapest and other major cities in the country. They made also a comparison with the value of our money 5 years ago, in 2015.
How did the real estate market start in the New Year? The expected fall back has really reached Budapest?
What was before? The egg or the hen? Do you have this saying in your culture?
Where do the prices go this year?
A sparrow today is better than a bustard tomorrow said my father often.
The best kept secrets of the Budapest real estate market.
Responsibility of an agent when giving valuation and later
Being grateful for the trust of clients
No matter how much money you have available to buy a flat, you need to make a compromise, but make a good compromise!