Archive for the ‘About Panama’ Category
Mortgage Cycling Revealed
Mortgage Cycling Revealed
Affiliates Earn .00. Patent Pending Mortgage Reduction Program Quickly Builds A Minimum Of ,000 Worth Of Home Equity.
Mortgage Cycling Revealed
Encuentra24.com Performed An Economic Poll About Panama’s Real Estate Market 2009
Panama, Rep of Panama. (PRWEB) August 27, 2009
Encuentra24.com Real Estate and Classifieds listings Portal announced yesterday the result of its most recent economic poll, this time about the property purchase, sales and rental market in Panama.
This poll was conducted by the marketing team of encuentra24.com who performed a phone interviewed to 50 professional real estate broker in Panama. The interviewed are actively dedicated real estate professionals in the Panama territory. Each had the opportunity to contribute their personal and commercial experiences in the subject of real estate.
Encuentra24.com informed that a complete copy of the poll would be posted in online soon Encuentra24.com/panama. Boris Metraux CEO of Encuentra24.com added that other results of this property trend poll is a valuable reflection of the economy and current real estate market. The insight on exactly were do top 5 real estate buyer’s originate, or sectors the experienced a drop in prices or what have been the repercussions of the economic crisis in Panama. The offer a market study in order to determine any future business decision.
1. The interviewed were asked they impression on current sales prices versus past sales prices in Panama. A 46 percent said prices have remained the same, 34 percent believed they have dropped ten percent, 14 percent believed that prices have dropped 20 percent and 6 percent believe they have dropped a 30 percent.
2. When inquired about the zone or area that has experienced a reduction in prices, 31 percent respond San Francisco, 23 percent responded the Avenida Balboa area, 21 percent responded el Dorado and 18 percent believe Costa del Este and 8 percent responded Punta Pacifica.
3. They were also asked, what type of property has experienced the highest decrease in rental and/or sales prices? 31 percent said apartments, and condos, 13 percent said homes, 2 percent said vacation houses, 2 percent said offices and commercial spaces.
4. On the banking subject, real estate broker were questioned if they believe to have support from national and international banks towards expatiate processing of mortgages and loans? Only 16 percent responded yes, 12 percent responded no, while 72 percent said that only some entities helped in the loan subject.
5. As to what was the nationality of buyers interested in Panama real estate? 39 percent said Panama, 35 percent said Venezuela, 20 percent said the U.S. and only 6 percent side from Europe.
6. In order to determine if property owners were ready to make a correction in prices according to the market demands? A 45 percent selected maybe, 17 percent selected no and 38 percent selected yes.
7. As to the purpose for buying a property, 52 percent real estate brokers agreed that purchases were for invested, 29 percent agreed they purchased as a permanent property and 19 percent agree as a temporary property.
8. On the rental subject, everyone was asked about inventory vs demand. To this 39 percent said their were more property than demand.
9. Towards determining the type of property with the most demand, a 55 percent of real estate brokers agreed that apartments, 19 percent agreed that houses, while 12 percent said vacation property and another 3 percent said office space.
10. Their opinion in sensing if the global economical crisis of 2009 was already showing negative effects in Panama, 66 percent responded barely, 22 percent said yes, and 12 percent said no.
Conclusion:
The encuentra24.com Marketing team concluded informing the website has experience a surge in properties for sale, on foreclosure, while the type of property mostly posted online by publishes including real estate broker and owners are were properties with elevated prices. This poll was made to also increase the listings according to popular demand. Encuentra24.com® has reached over one-million monthly visits and over 30,000 properties listed.
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Panama’s Real Estate Portal Encuentra24.com Has A New Fraud Alert System
Panama City, Panama (PRWEB) May 14, 2008
The increase of more than 600,000 monthly visitors searching for Panama real estate in encuentra24.com, demanded a serious listings, for serious buyers.
The flagging system is conveniently located under the image panel of each posted listing, giving each consumer and visitor the power to immediately report spam, illegal ads, multiple-repeated ads, wrong placements, sold or rented listings, or other unauthorized data. The reports will alert the editors of encuentra24.com who will take immediate action towards investigating the flagged post.
“We try to keep our classifieds and Real Estate Listings organized, we want to guarantee a productive consumer experience, yet every now and then one ad slips under the radar. Visitors are not only able to comment on ads, now they can easily let us know directly about serious problems related purchases.” commented Boris Metraux co-founder of encuentra24.com and CEO of the company Swiss Panama Group, Corp. originally from Switzerland. “We are not realtors in this booming market, we own a neutral platform for buyers and seller to meet each other, following an ideal market overview”
“Websites like encuentra24.com help balance the asking price for rentals, investment opportunities, and local sales in general. A landlord can study the average market rental value of a home before setting his asking price.” added Mr. Metraux.
The website currently running 7,000,000 pageviews on 3 servers, will soon have to welcome a forth server to manage the 10% steady monthly increase in visitors shopping for real estate bargains. “Most of Panama’s real estate agents, realtor companies and homeowners thrust us each day. That confidence gives us the responsibility to protect and insure the combined database of more than 10,000 property listings stored in our servers” commented Wendy Jordan, co-founder of encuentra24.com and chief operations officer of the corporation.
In the present mortgage crisis affecting the USA, Panama seams to have no negative impact. In fact, investment in Panama has not decrease at all, homes and apartements for-rent and for-sale are moving quickly, speculation has made rental prices increase.
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