There’s a new hope for the residential real estate market which has been going through a tough session. This new hope is being announced by Adama, the foremost real estate firm. Asher Las, the Marketing and Sales VP at the Adama firm had a chat with Business Review on the current situation and the new plans underway for the Romanian market.
According to Asher, the real estate market is currently showing signs of improvement. It’s actually a good moment for anybody to invest without any fear of incurring losses. Currently, investors are now paying cash at the First Home program to buy properties. Banks are now more willing to offer mortgages than before. This is indeed a welcome development in the real estate business.
Again, the fact that the elections are near is also helping matters. It means more real cash for the real estate market since lots of money will be coming up for the pre-election season.
Adama’s spokesman, Asher says that prices will not decrease especially for properties in good locations. He also expects a massive increase by the time 2011 is over. Prices of properties are sure to be better that what it was in the previous years. Adama itself as a real estate firm is also doing well in the wake of the new developments in the real estate market. Asher makes this known as he continues his chat with Business Review. He says investors are sure to benefit more as the real estate market turns around for better deals.
