The state of the market
Monday, October 5th, 2015Words: Michel Cruz
Images courtesy of Diana Morales Properties and Callum Swan
Exactly two years ago I wrote a report on the state of the property market with feedback from leading real estate agents. Here I analyse the prevailing market conditions and look to developments in the near future, drawing as always from the expertise of some of the most experienced agents in Marbella.
Two years is a relatively short period of time, but one in which a lot can change. In my June 2013 report we were still talking tentatively about early signs of recovery and hoping that this was a sustained movement out of the doldrums of the preceding years. We have since received confirmation that this is indeed a true recovery, and now the question we ask ourselves – amid a market that is visibly gaining in momentum and confidence – is whether we should already be speaking of growth instead of just ‘recovery’. (more…)