A few days ago I attended the presentation of Nomisma's first 2018 report on performance of the Italian real estate market. For those who do not know, Nomisma is the society of studies that has been studying for the past 31 years real estate market in Italy.
The economic context of reference sees Italy in economic recovery + 1.6% since it sees us as rear light as the rest of Europe has + 3.6% and China + 6.8%.
In Italy there is a growth but without inflation a very new fact which puts a lot of uncertainty for the future in fact, Dr. Lucio Poma, if inflation is too much low affects expectations a fair inflation should be 2%.
Simply put, if goods cost consumers less and less they stop on the purchase of durable goods because they can not be seen growth on the horizon. In short, there is a significant growth of the Italian economy but that does not generate increases on wages and there are more occupied but income does not increase. So the economy starts again but moves in a great climate uncertainty, increases income but not the trust that the continuous income.
This introduction is the map that allows us to interpret the dynamic changes in the real estate market compared to those who do not have this information. Now we come to the real estate market between 2011 and 2014 the crisis had its effects on the exchanges and on property prices and in the period 2015/2017 there has been a stabilization of prices.
The crisis has eroded savings and families to buy home have had necessity and dependence on credit there is a boost to debt also for the rates of interests that have never been so low. The demand for purchase of houses that for a good 6 years it has been compressed and it has resulted in 2017, in short, people want to buy houses. Concludes Nomisma's managing director the dott. Dondi saying that the trades residential buildings are growing regarding the number of transactions but this growth will not be reflected on property prices The big cities are already growing with Milan that it is the out of class of Italy that detaches all the other cities all the other realities are still in recession the market has broken down but is fragile.
Milan has dynamics that are not comparable to none of the other Italian cities is too strong in other cities to stop the restart is a excess of unsold buildings The forecasts for 2018 on Milan see stable prices Case + 0.8% and offices + 0.2% will be a year of price consolidation.
The 2018/2020 forecasts see trades of residential properties rising but with stable prices up to 2020. The speed of market uptake is faster than the passed when the difference between asking price and price of sale is very low Different speech for houses with prices too high with sellers who are not willing to deal because the rigidity of prices is holding back the market of the sale of residential properties.
As for the real estate market all offices and shops non-residential buildings we are still in crisis also in Milan. For more information or questions or to find out if what your home is worth please contact me at +39 02 86 90 394. Marco Cassanelli
I turned to elite real estate srl a few years ago and I met Cristina Gambotto and Marco Cassanelli who impressed me for their preparation and punctuality really out of the ordinary. Since then, there has been a professional collaboration that continues and always confirms their extraordinary skills in real estate. Compliments.
Dr. Davide Brancaccio
The thing that hit us most in the management of sales was the absolute precision and seriousness with which Marco and Cristina took care of every aspect of the deal. Read everything
Milano
"I have had the pleasure of knowing Marco Cassanelli and Cristina Gambotto from Elite Immobiliare srl for the sale of my property in Milan, with precision, seriousness, preparation and professionalism ... what to add, the articulated real estate market needs consultants like them! I hope I will be meeting for a new real estate transaction. "
Milano
This is a double evaluation, A direct excellent service employee served, the other performance and organization observer offered. Working experience with many customers allows me to appreciate the ongoing upgrading And the details of the service offered to all customers by Marco Cassanelli and Cristina Gambotto. Dedicated attention to a world and a difficult market and still in a hefty, even prospective crisis.
Milano
Hello Cristina, I take this opportunity to thank you for the professionalism with which you have supported us in this business. I rarely met so much professional preparation, grace and dedication. You helped us to de-activate us in many activities unknown to us, making us feel safe and secure. You really deserve to pick up great successes and hope we can have other opportunities to work together. Anna and Marco Capone
Milano
Cristina and Marco combine their professionalism and competence, also with great sympathy. Over the years, a relationship has been created not only with work, but with esteem and friendship. I believe that in the world of real estate in Milan are among the most transparent and series people. Donatella Maveri
Milano
A complicated negotiation with the seller of the property was handled great by Marco and Cristina. Two industry professionals and two trustworthy people have allowed us to conclude the sale of the best and in the serenity. Francesca and Daniele Pedrotti
Milano
For years we are real estate customers. Not only for the availability of those who advise you, but also for the affection and the true "human commitment" (in addition to the professional one) that people offer you. In this area, it is not often the case to find true and honest people like Cristina Gambotto and Marco Cassanelli, but this is one of those cases. Ettore Bergo
Milano
I met Marco Cassanelli and Cristina Gambotto of Elite Real Estate Ltd in 2012 in relation to my need to have an advice on managing a property. Since the first appointment, unlike other real estate companies, I immediately found an excellent and great professionalism, confidentiality, commitment, punctuality,
Milano
An excellent agency, which in difficult times for the real estate market like these, has been able to find me the right buyer, to the correct figure, for my apartment. Marco Cassanelli and Cristina Gambotto have now been very professional and capable of bureaucracy, where they have provided everything to them, without wasting time and money. Even now if I want advice I turn to them and I cordially receive answers to my doubts.
Milano
For nearly 20 years the partnership with Elite Real Estate has proved to be very valuable and trustworthy, an indispensable element that has accompanied our choices. His team expresses a modern professionalism and expertise rarely found in the industry, which we have experienced. Customized customer attention is never dispersive or dissociated from intuition and relational ability. Isabella and Ubaldo Ferrini
Milano
For a long time, I have been using Elite real estate services since I have found you serious and competent. Good job. Carlo Grillo
Milano
Mrs Cristina helped me to rent my apartment in a very short time, with professionalism and fairness as well as great kindness and sympathy, and assisted me for doubts and questions even after the contract was closed. I am very satisfied with the Élite and I feel I recommend it to those who ask me for a serious and reliable agency.
Francesca Piva
Very professional real estate agency
they took care of selling my house
in Milan ... I highly recommend it!
Thank you
Giorgio Carletti
It's nice to find out along the way to have guessed the best professionals estate.
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It's nice to find out along the way to have guessed the best professionals estate.
When we entrusted the mandate to elite we knew we were in good hands we understood from the approach that have had since the early stages
But the real value, the difference, we have it touched by hand in the final stages of the sale precision, preparation and accuracy they followed everything professionally has confirmed that we are turned to best people.
Giuliano Capedri
CEO of Gioroidea
Elite Immobiliare SrlFulfillment/Realization: justimmobili.it
