Residential

Is it worth it to become a realtor?

Wednesday, 26 October 2011, 9:00
Many real estate brokerage companies promise potential agents a new profession, a successful career and, above all, a potentially excellent pay. If someone skims over the drawbacks and the fine print to lightly, they might easily take a hit when partaking in their real estate adventure.
 

Tight sources, huge interest

Thursday, 6 October 2011, 10:30 After a long wait, a residential energy savings program was launched, with its HUF 1.6 billion limit reached within three days by those wishing to upgrade their homes. The announcement of a new tender can be expected in the fall, and with a HUF 3 billion...

We are facing slow years - A new starting point for the domestic housing market

Tuesday, 4 October 2011, 8:00 The number of acquisitions of flats has dropped drastically, with the current number sold only a third of the 2006 level and a half of the 2007 amount. Prices are at a 10-year low, according to housing market indexes. The ever-growing problem of foreign...

Rise or relapse?

Friday, 1 July 2011, 8:00 What is your opinion of the Bank Association’s preliminary announcement of the debtors’ relief package - the Home Protection Action Plan? What kinds of processes might these possible measures trigger on the Hungarian residential market? How...

Sector in the basement: The domestic construction industry’s hopeless crisis?

Friday, 1 July 2011, 8:00 The domestic construction industry, more specifically the housing construction market, is regarded as one of the areas which suffered the greatest losses in the domestic economy over the past five to six years. This negative cycle, however, cannot only...

Residential market on the floor - Historic low point on the residential market

Monday, 4 April 2011, 9:30 The year 2010 passed in the spirit of consolidation for Budapest’s new home market. Though the quantity of supply has not changed one whit in the last year, the overall composition of the homes waiting to be sold has. Not only has the number of...

Only the strongest survive

Wednesday, 1 December 2010, 8:00 At the end of October, an expert consultation organized by the National Economic Ministry concerning the New Széchenyi Plan entitled Making Homes took place. All the top decision makers as well as a few less familiar professional and influential organizations...

One more income option - Letting apartments to tourists

Friday, 26 November 2010, 8:00 As soon as the crisis begun, Western European investors disappeared from the domestic real estate market - primarily due to the economic problems in their own countries - causing a significant drop in housing transactions for investment purposes in Hungary....

Condominium Act is amended - What is it worth to attend general meetings?

Thursday, 12 August 2010, 8:00 When it comes to apartment tenants’ meetings, many think of quarrels and disputes and would rather veer away from attending, although taking part is in every owners’ interest. While households’ financial obligations are reducing, accruing...

Foreign currency loans no more - Exciting times for property loans in Hungary

Monday, 9 August 2010, 8:00 In the past five years there was only one month, January 2010, in which Hungarians took up as few housing loans as they have this May, the most recent month indicated in statistics. Loans have dried up and the market is slackening: There is no reason...

Ads react to market: The crisis changes the rules again

Tuesday, 13 July 2010, 8:00 Property sales’ advertising strategies have seen a gradual change in the past 1.5 years as the dulling down of the real estate market, directly resulting from the crisis, has forced sellers to constantly employ new methods to entice potential buyers...

Prices still on the decline in 2010: Now is the time to buy homes

Thursday, 1 July 2010, 8:00 The most significant price decrease on the Hungarian residential market can be expected this year, revealed presentations based on market data which were shared at the Portfolio.hu-organized residential market club recently. The market will remain supply-side...

Billions for home repairs – Increasing the energy-efficient products market

Wednesday, 23 June 2010, 8:00 It has been said many times that one of the strongest segments of the residential market in the coming decade may be the construction industry submarket focused on technology and products that aid energy efficiency in order to make both used homes in...

The market expects solutions from the new government - What’s in store for foreclosures?

Tuesday, 8 June 2010, 8:00 One of the most serious and unsolved problems that is still hanging in the air for the residential market, and the entire country, is the issue of unpaid home mortgages. Here, we examined just how many mortgages are in default and exactly what kinds of...

New government, new hope? - The real estate market and the two-thirds

Tuesday, 11 May 2010, 12:00 Not only voters, but economic players, too, have high expectations for the incoming government, due to take office this May. The Fidesz government’s second time around could usher in a significant revival for the residential market even in the short...

Pricing faux pas on the residential market - Bargaining is a must

Thursday, 29 April 2010, 8:00 Thanks to the relatively high prices of their offers, a lot of sellers are having difficulty, or are completely unable, to sell their property. It is a common experience, shared across the board by many owners in the real estate industry. Basically...

Question marks on the residential market

Tuesday, 26 February 2008, 14:45 Although the mood on the Budapest real estate market shows slight improvement, optimism fails to reign, according to a joint study made by GKI and AL Holding. According to the survey, the residential market remains the most pessimistic. On the office...

Are we behind in this too? – Residential prices throughout the region

Monday, 25 February 2008, 15:55 Why are flats more expensive in nearly every Central and Eastern European capital except Budapest? Are we slow or have they gone too far? In asking these questions, we just run into more questions.

Feng shui at home and in the office

Monday, 18 February 2008, 9:28 In feng shui, the location of the doors and windows and the proportions of the rooms are equally important. Care must be taken with colors too: Green, the color of creativity, is good in a children’s room or in the kitchen. In other spaces, it should...

Form to completion

Friday, 15 February 2008, 9:09 Cliché as it may sound, everything in our fast paced world is changing and change is occurring even more rapidly in all the areas of life. The same applies in our neighborhood; no matter if it happens to be a townscape, a residential building, or simply...

Twenty-five new offices in a mere few months

Monday, 11 June 2007, 13:15 Twenty-five offices and 150 employees: That is the current balance at RE/MAX Magyarország, a company that just entered the market last autumn. Their plans are none-the-less ambitious: By the end of 2007, they want to have 40 franchise partners and, in...

"Biznisz" is business

Monday, 11 June 2007, 11:32 Those now giving names to office buildings prefer English above Hungarian and often include words like business, center, point, gate, corner and tower in their names. This trend clearly reflects English's undisputed position as the language of business...

Unified database to serve both sides

Tuesday, 29 May 2007, 12:27 Two or three years more are still needed to set up a unified standard - says Fanni Straub, marketing director at Cordia Zrt. Straub believes that, on the same time it is undeniable measuring instruments are needed which serve both market participants...

Residential business after the worst

Monday, 14 May 2007, 14:14 Alarm bells may have sounded too early when certain negitive phenomena first appeared in the residential market, says Otthon Centrum. According to Otthon Centrum's latest analysis, the year 2007 started off well, as neither the demand nor investors' activity...

Green space and water - things that make flats desirable

Wednesday, 2 May 2007, 13:49 The time has come for adding an extra category to the residential market. Flats must now be made more attractive in such a way that creates their effective long term demand. That is the most difficult part for real estate developers as they must offer...
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