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House own

Used market has registered growth

This article was translated by an automatic translation system, and was therefore not reviewed by people.


By CRISTIANE CAMPOS, RIO DE JANEIRO 

 

Even with launch of 'My House, My Life "segment back to attract buyers in the State of Rio

Rio - After the difficulties facing the global financial crisis, the real estate market gets used to show signs of recovery. Neither the competition program "My House, My Life ', the federal government, which offers advantages in new housing and construction for families with incomes up to 10 minimum (£ 4,650), seems to be holding.

Data from the Federal Savings Bank show that in the first quarter of 2009 were financed 26,842 units against 20,885 used in the same period last year. They are almost 6 thousand buildings the most, despite the turbulence.

According to Zak Faulkner, CEO of the Ethics Real Estate Brokers Group Brazil, the market remains heated because the box did not limit the mortgage and reducing the interest rates. "We are back to numbers before the crisis. In March, for example, sold more than 500 properties. Our average ticket is R $ 185 mil. The total sales, 55% are financed, "says Zak.

It states that the growth of ethics in the first quarter was 20% compared to the first three months of 2008. According to the executive, the square meter of row unit is on average 50% higher regard than the properties of the plant. "In addition, the units are ready and improvements, such as cabinets, luxury shower, heaters and windows," says Zak. Another advantage to acquire these properties is that banks offer the same conditions of new units to use.

In the box, the loan can reach 100% of property value, but payment must be made within 20 years. This financing uses FGTS (Guarantee Fund for Employees). Zak also points to a positive expansion of the roof of the property value of $ 350 thousand to R $ 500 thousand to purchase with money from the account linked to the workers.

The general manager of APSA, Rogério Quintanilha, also confirms that the market is reacting to the crisis and that the federal program will not hinder the pace of growth. "There is a great demand for such properties. People want to buy and move as quickly as possible, "says Quintanilha, highlighting neighborhoods such as Copacabana, Botafogo and Meier. The real estate prices increased by 33% from January to March.

Sales Manager, Patricia Curvelo invests in equipment: "I prefer units that need reform. I improved and then I can win more than you invest in a good financial investment. "

Patrimóvel: $ 5 million

The Patrimóvel plans to increase this year by 30% the volume of sales of $ 1.65 billion, reached in 2008. The strategy will focus on the market separate properties (used). According to the president of Patrimóvel, Rubem Vasconcelos, due to the shrinkage observed in the last half of 2008, this year is extraordinary for sales as the inventory of construction need to be settled.

He reports that it will invest $ 5 million in the segment. Will open three new branches in Bandeirantes in Tijuca and Flamengo. According to Vasconcelos, the intention is to grow 7% to 20% share of this segment in the company's revenue.

 



Source: The Day

This article was translated by an automatic translation system, and was therefore not reviewed by people.

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