Construction costs are currently skyrocketing

Mortgage rates have fallen slightly, by about 0.25-0.3%. But it's probably just a small correction and will rise again. Fun fact: According to Interhyp, 10-year loans are currently cheaper than 5-year loans

bond yields are also inverted ...

Local Volksbank: 5 years: 3.76% 8 years: 3.69% 10 years: 3.65% For more than 10 years, they haven't released anything since September...

Man, I hope the [Förderkredite] for renovations still look halfway good next year.... we don't need huge sums, but with high interest rates it still hits hard quite quickly. I don't envy anyone who is currently buying or building a house. It is currently a nasty combination of high prices and high interest rates. I can't observe falling prices around here yet.

After all, it should possibly be possible again from 2023 to have own work or materials for own work funded under the supervision of an EEE, which would be interesting for us. Currently, I am trying to get craftsmen for summer 2023....let's put it that way. I actually thought it would be easier in the current situation. I don't really notice much yet that they might be less overloaded than in previous years.

I don't envy anyone who is currently buying or building a house. Right now, it's a nasty combination of high prices and high interest rates. I can't currently observe falling prices in our area.

The whole thing will get interesting in 7-8 years when all the "Auf Kante" loans at <1% for 10 years with 2% repayment expire. I think many have held a remodeling party with the cheap money. Best to save now and then pick up the bargains... As bitter as that sounds...

The whole thing will get interesting in 7-8 years when all the "interest-only" loans at <1% for 10 years with 2% repayment run out. I think many have thrown a ramp-up party with the cheap money. Best to save now and then pick up the bargains... As bitter as that sounds...

I don't believe it, I've been hearing that for many years.