Market outlook Landshut and surroundings 03/2024

The current market situation suggests that after a promising start to the year, the real estate market now has some challenges to overcome. The positive impetus provided by corrected interest rate offers from banks at the start of the year appears to be waning as demand is falling again. This could be due to various factors, including possible general uncertainty due to economic or political developments.

Although spring usually brings a revival in the real estate market, the current situation could lead to less dynamic development. Energy-poor homes in particular are finding it difficult to find buyers, or sellers are being forced to accept significant price reductions to attract potential buyers. This could indicate that demand for energy-efficient properties continues to rise, while older, less efficient homes struggle to sell.

The prospect of possible interest rate cuts in the middle of the year could have both positive and negative effects. While lower interest rates could theoretically attract more buyers, at the same time, uncertainty over future interest rate policy and the associated impact on the market could make buyers hesitant. This could lead to potential buyers waiting to see how the situation develops rather than entering the market immediately.

Overall, the current market situation seems to be characterized by a certain degree of disagreement, with both positive and negative factors playing a role. It remains to be seen how the various dynamics will develop in the coming months and how this will affect the real estate market as a whole.