17.4% of Spaniards seek, rent or buy a new home to become independent of the family home. Almost half of searches for a home occur in parallel with family changes: with the birth of new children, after death, divorce or the independence of the youngest. Madrid, July 30 ...

47% of Spaniards decide to look for a new home due to changes that occur in the family

Real estate news. Motivations for housing change.
  • 17.4% of Spaniards search, rent or buy a new home to become independent from the family home .
  • Almost half of searches for a home occur in parallel to family changes: with the birth of new children, after death, divorce or the independence of the youngest.

Madrid, July 30, 2018. - Century 21 Spain , the largest real estate intermediation network in the world, presents the "I Observatory of the Housing Market in Spain", an initiative that aims to shed light on the current situation of the housing sector in our country, and where trends are reflected, attitudes and opinions of both buyers and sellers and tenants and landlords regarding the characteristics of the housing and emotional factors that conll evan the change of home.

From the I Observatory of the Housing Market the different motivations that drive Spaniards to look for a new home to form their home have been analyzed. According to this study, 47% of these searches in the real estate market of a new home, whether to buy or rent, occur in parallel to the changes that occur in the family.

On the 17th, 4% of Spaniards carry out this process, driven by the need to become independent and live on their own, while 14.7% leave the home in search of a cohabitation as a couple. Both reasons are predominant in the age group of 18 to 29 years.

In addition, the increase of the family (9.9%) especially in the group of 40 to 49 years, the separation or divorce (3.3%) in the group of more than 50 years, and the decrease of members in the home (1.7%) equally among those over 50, are also some other reasons that encourage the Spanish to undertake the search for a new home.

Another of the predominant reasons, according to this I Observatory of Housing, is the need to move from being a mere tenant, to becoming the owner of a house ( 16.1%), in contrast to a 12.6% whose objective is to find a new home due to a series of job changes to be closer to work or to move it, and 9.4% want to move to an area that they consider better for various reasons, to establish their life. Only 2.7% buy a home as an investment, a reason highlighted by those over 50.

Real estate news Motivations search living place.

Ricardo Sousa, CEO of Century 21 for Spain and Portugal, comments: " According to the data provided by the study, all agents in the sector should focus on people and its needs and abandon the speculative logic that has characterized it until now. More than economic cycles are the changes in people's lives that generate the needs of the home - be it purchase, rent or sale. "

Author Article: Century 21 Spain

5 APPS to improve real estate videos from your mobile

The use of the mobile phone to record or take photographs has been irremediably extended in recent years and there are a number of tools that allow improving the quality of the images taken. Keep in mind that more and more agencies that use real estate videos to present their properties, but ......

Real estate marketing video

A short time ago we talked about the advantages of creating a real estate Youtube channel. One of the tips that was discussed was that the channel could be opened by publishing a trailer or advertisement of the company itself. However, this is only the beginning. The next step is to keep the channel active and get it out ......

More than 4,000 properties sold by Unicaja to Axactor

Banks continue to reduce their real estate portfolio thanks to foreign investors. Unicaja Banco has informed the CNMV (National Securities Market Commission) of the transfer of 75% of two holding companies of real estate assets to the Norwegian firm Axactor, which translates into a total of more than 4,000 properties. Of …...

A British website advises how to avoid cheating in the Spanish property market

As we have analyzed in previous articles, we know that the largest foreign investors in Spain are the English, although Bréxit is significantly affecting this trend. But in the last few months there has been a marked distrust on the part of the market of our country and this is what Mar Stucklin (British writer) expresses in his ......