Wednesday, June 1, 2011

Mortgage 2011: forecasts and expectations

Recognizes and start selling the first months of next year, which is confirmed by the results, promulgated by the Central Bank of Russian Federation. Market growth is currently excellent, compared with the failure of 2009. For many mortgage programs reached pre-crisis level. However, full recovery of the mortgage market will require at least another year. Mortgages in 2011: Why wait? Despite the fact that most of the financiers provide optimistic forecasts on the development of the mortgage market, noted in passing that, in general, mortgage 2011 will depend on the general economic situation in Russia. So, the mortgage in 2011, completely accessible, the main problem remains the same - high prices for housing. As you know, the real estate market affect the pace of construction, changes in prices, and in addition, growth in incomes. Thus, consumer demand in the first half of the year will grow, but slowly enough. Significant impact on the development of the mortgage market has the construction sector, which is very badly damaged during the crisis, and his recovery so far is in an extremely slow pace, since it depends primarily on the demand. But the happy one - experts say the trends are not a significant increase in the price of living space. Thus, the mortgage market is gradually restoring its demand and there are hopes that in 2012 he released the pre-crisis level.

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