Real estate experts Tõnu Toompark and Marek Vikat disagree whether people looking for a home should buy today or postpone the purchase decision.
Toompark told Äripäev that although housing prices are likely to keep falling for most of this year, the price of higher-quality real estate will not fall as quickly.
“I am convinced that it is a good time to buy a home, but buyers should consider well in advance what they can afford,” said the analyst.
According to Toompark, people focus too much on the price factor, but forget the emotional side of acquiring a home. “This is something that a real estate price does not reflect, but that are as important.”
On the other hand, Marek Vikat, investment project manager of ERI Kinnisvara, says that the market keeps falling and those considering purchase of a home should wait since they would benefit more by waiting.
“From the economic viewpoint it is not a good time to buy housing. I suggest people to rent housing and wait for prices to fall further. “Why pay a bank 8,000 kroons a month in bank loan if the same apartments can be leased for 5,000 kroons a month?”
Artikli autor on Toomas Hõbemägi. Artikkel ilmus 17/04/2008 väljaandes Balticbusinessnews.com.
Tõnu Toompark on kinnisvaraanalüütik, -konsultant ja koolitaja, kelle tegevusvaldkonnad on valdavalt: * elamispindade turg, turutrendid, tehingud, hinnad ning turuülevaated; * uute korterite arendamise mahud, müük, hinnad ja analüüsid; * üürituru pakkumine, tehingud ja hinnad ning üüriinvesteeringud, tasuvusarvutused; * elamispindade kättesaadavus numbrilisena; * koolitused eeltoodud valdkondades. Koolituste valdkonnaga on Tõnu Toompark seotud üle 25 aasta. Ta on avaldanud sadu ja sadu kinnisvarateemalisi analüüse, artikleid ja kommentaare. Tõnu Toompark on läbi viinud koolitusi nii kesk-, kutse-, kõrg-, kui ülikoolides, lisaks mitmetes koolitusettevõtetes. Näiteks Kinnisvarakool, Tallinna Tehnikaülikool, Eesti Ettevõtluskõrgkool Mainor, Estonian Business School, Tartu Ülikool, Tallinna Majanduskool.
