2016 starts with improvements in the real estate market: the number of mortgage loans is growing and the housing price index in the third quarter of 2015 has experienced its biggest rebound since 2007. On the other hand banks are losing the requirements for Grant credit and there are good prospects for growth. If you are thinking of buying a home it may not be a bad time. However, as it happens before the signing of any contract it is necessary to walk with feet of lead.
If you are convinced, do not take too long
If you have clear ideas and enough capital, do not think much: the price of housing has rebounded 4.5% in the third quarter of 2015 according to the National Statistics Institute. Before signing, it is necessary to check if the house has loads. It is also true that the market is not homogenous, and that prices have risen above all in the central areas of the big cities while in the more peripheral neighborhoods and in the smaller cities, they remain stable or even down. Continue reading “Tips to buy a house”