Higher interest rates: Experts expect more foreclosures

Apartments in Berlin Real estate prices in Germany have been rising for years. (Photo: dpa) Frankfurt Because of rising interest rates, experts expect that more people will have to foreclose on apartments or houses. Interest rate hikes, high inflation and reduced consumer confidence are hitting the middle-income bracket, explained Walter Ruesch, managing director of the […]

Economy: Higher interest rates – experts expect more foreclosures

FRANKFURT Because the procedure lasts one to two years, however, this will only be clearly noticeable in 2023 and 2024, said Ruesch. “Currently we only have a slight increase.” The specialist publisher Argetra regularly publishes reports on compulsory real estate auctions and evaluates the corresponding dates at all of the almost 500 district courts in […]

The biggest myths about mortgage lending

The dream of many people, a thatched roof house on Sylt If you want to put down roots on Sylt and don’t just want to rent, you have to buy real estate, for example in the form of a condominium or a house. However, this usually turns out to be anything but cheap. You have […]

Subsidies for the energy conversion

insulation A house from the 1930s in Berlin is insulated with Styrofoam panels on the outside wall. The federal government promotes many measures that make houses more energy-efficient. (Photo: dpa) Berlin The new climate protection target of the federal government requires massive investments – also from the real estate industry. However, an energetic renovation of […]

Promotion could probably be stopped again

house building The demand for KfW funding for energy-efficient houses is high – but the funds are apparently tight. (Photo: dpa) Berlin A new debacle is imminent in government subsidies for energy-saving houses. Federal Minister of Economics Robert Habeck (Greens) had to stop the program of the state KfW development bank twice because there was […]

“Interest rates between two and three percent are not disruptive”

Jurgen Michael Schick The real estate boom in this country could end in one to two years, says the IVD President. Source: Michael Schick Real Estate The Immobilienverband Deutschland (IVD) still considers the German house and apartment market to be attractive despite the growing uncertainties. Above all, interest in existing properties will remain “extremely strong” […]

Greece: Hellas banks face new loan defaults

Plato statue and a Greek flag over Athens The Greek financial institutions have recently reduced the NPE ratio in a remarkable way. But the energy crisis is creating new concerns. (Foto: Bloomberg) Athens Greece’s banks have had a long dry spell. After the sovereign debt crisis, the four systemic institutions – Alpha Bank, Eurobank, National Bank […]

Construction financing despite current loans

Thank you very much for your answers. @bankkaufmann: It is a personal loan for free use. According to my research, what is primarily important is the so-called household bill. Taking into account a net household income of around €3,500, after deducting the flat rate for 4 household members (€1,400), there remains an amount available for […]

The dream of owning your own home is a long way off

The turnaround in interest rates has long been here: building interest rates are rising noticeably and making house purchases significantly more expensive. t-online explains what builders need to be prepared for now and how houses can best be financed. Lack of building materials, few craftsmen and expensive building land: Anyone who wants to build a […]

Real estate, provision, health, insurance, mortgage lending, Kiel

Do you also dream of your own “4Walls”? At your request, we would be happy to put you in contact with residential and commercial real estate. We also accompany you in the right choice of a developer for the construction of your dream property. Or we can search and find the right plot of land […]