Housing sales stopped!
It is anticipated that housing prices will increase in the future due to high housing loan rates and increased costs of construction materials.
It is anticipated that housing prices will increase in the future due to high housing loan rates and increased costs of construction materials. Stating that those who want to invest were waiting for the housing loan interest to decrease, Sedat Altınay said, “With the decrease in housing loan rates, housing prices increased. Now, with the increase in construction input costs, there is an increase in prices, ”he said.
Housing sales, which saw their historical peak in periods when housing loan rates were low, entered their stagnant period with the rise in interest rates again. Sedat Altınay, President of the Chamber of Housing Realtors, predicting that the housing prices will increase a little more due to the increase in material prices in the next period, said, "The increase in both land costs and prices of construction input materials will cause an increase in housing prices in the future."
‘WE DO NOT LOOK HOT TO SALES WITH CREDITS’
Stating that they do not look very favorably on loan housing prices, President Altınay said, “The new projects of contractors are currently very few. Housing stocks have melted down considerably. We believe that the prices will continue to increase a little more, as new houses cannot be developed. If we have citizens who want to buy housing in this process, we recommend them to wait. Because the mortgage loan rates are very high, but if you have citizens who have money and need housing, we recommend them to buy them. But we do not look very favorably on credit sales. Our best selling region is Seljuk. After that, Meram and Karatay go head to head. Citizens, with the effect of the pandemic, instead of storey houses, they turned to places with a single-storey garden villa style or a safe green area. Since the citizens want to stay away from the crowd due to the pandemic, everyone is turning to houses with gardens to keep their private gardens away from too much contact ”.
‘IT IS MANDATORY TO DO EARTHQUAKE INSURANCE’
Mentioning that earthquake insurance is mandatory for the buildings, Altınay said, “Without DASK, there is no purchase or sale in the title deed. Electricity, water, natural gas cannot be opened. There is an earthquake insurance requirement. Our citizens obey to take out earthquake insurance as much as possible. Earthquake insurance is usually made for one year and at the end of one year, those who want to renew are renewed, and those who do not want to renew continue to do so ”. Altınay said, “Our citizens who are not members of the Chamber of Realtors and who are not members of the Chamber of Commerce should take care not to buy or sell leasing. The Chamber of Realtors ended his speech by saying that they should not buy, sell or rent from real estate offices that do not have an authorization certificate.
SÜMEYRA KENESARI / YENİ HABER