This article was originally published in Del Sur News
One of the most common questions we get asked is, “How’s the real estate market?” And it’s a good question. Buyers want to get informed about the marketplace so that they can negotiate the best price possible. And Sellers want to make sure they’re listing their property at a price that attracts buyers.
Unlike in North America, we can’t point to official market statistics or a central database that tracks price trends over time. But we can still provide insight on how the market is doing based on a review of asking prices for individual properties, published price lists from developers and feedback from local agents and market commentators. Let’s start by looking back a few years: [Read more…]