12 steps to sell your house
When we think about selling our house, several thoughts haunt us. The first, and perhaps the most difficult to overcome, is to weigh the emotional side of our home, after all, it was our first home or where we saw our son grow up; where we lived all those family moments: the best and the not so good ones. Another thought that worries us is: What now? Where do I start? What documents do I need? ( https://www.casaiberia.com/blog/casaiberia-documentos-vender-a-casa-escritura-521 ) Should I contact a real estate agent? What can I do to make the house more attractive? In this article, I give you 12 simple and creative tips to make the selling of your house is as simple as possible, free of worries and in a fair amount of time. Shall we do it? 1 - Decide if you are really ready to sell This is one of the most important points, it is the starting point and the moment when you really decide to sell your house. In this case, it is not only your house that must be prepared to sell, first of all you have to prepare yourself. Getting emotionally, mentally and physically detached from the house can be a very difficult process, but once you make the decision, everything will be easier. Focus and put your energy into what your new home will be like. 2 – Turn it into neutral ground This is the moment when you really get down to business and start working on your home to receive the much desired buyers. Start by removing all the frames with pictures of you and your family. We don't want the buyer to be distracted by that picture of you on the beach or at dinner with friends. Other personal items, such as fridge magnets or your degree, should be removed. The focus of the buyer will have to be your home. Keep everything in boxes, well packed and put in the garage, or ask a relative with some extra space to keep them away... be creative. By removing these objects, you will add space to your home and make it lighter, and that is precisely what we want. 3 - Arrange the room We will now devote ourselves to tidying up. The goal is to keep taking everything we don't need. Start by packing some pieces you don't need and that you can live without for a few months. For example, that stool in the lobby, the hallway table, children or pets’ toys Arrange closet drawers and wardrobes, remove as many objects from balconies, window sills, tables and also remove that beach umbrella that has been behind the door since last summer. This way you create more space, make the house more appealing to others and help buyers to imagine their own furniture and objects in the property. Less is definitely more! 4 - Hide valuable objects Art, Jewellery, all objects that are of value must be stored and placed out of reach. We do not want the potential buyer to be distracted from contemplating these objects and, as the old saying goes: "Better Safe than Sorry!". Be careful. 5 - Renew Your house screams 1985? Here everything depends on you and whether you are willing to spend some money on renovation and add value to the property. If not, opt for some little works. Do a detailed survey of the house and detect small problems, such as faulty light bulbs and switches, blinds that do not close completely, loose cables and skirting boards, damaged doors and locks, to name but a few. No buyer will go ahead and buy na uncared house and a lot of work and expenses in sight. A house that is not very presentable may arise thoughts such as:: "what else could be broken? 6 - Paint Finally, get rid of that red wall from your room and paint the entire house in neutral colours. Even if they are boring colours to you, they may not be for the buyers, and by having a neutral colour you can paint it any color you want, maybe green. What you want is for buyers, when they first see your home, whether physically or online, to feel that they are seeing their future home. After these 6 steps, let me congratulate you because you are doing a great job! In the meantime, take a look at our website www.casaiberia.com and start looking for your new home. What do you recon? In the next article, I'll present you the remaining tips to complete the presentation of your property before putting it on the market. Until then, have a great day! Texto: João Molha Sources: Realtor/Trulia Picture: of Merio by Pixabay, Igor Schubin by Pixabay, Jesse Bridgewater by Pixabay
Why do real estate funds prove to be mostly crisis-proof?
For those familiar with the subject, it is not surprising that almost all categories of assets recorded heavy losses in March, with the exception of real estate funds. The question is whether prices are reacting slowly to the new situation, or whether real estate is the stonghold of stability.No one can say for sure that this is the case, but there are many good reasons to consider the second possibility. When the stock markets began to fluctuate in the first weeks of March, property prices were also affected showing to be part of this trend.Or rather, the prices of open real estate fund units in mid-March were even lower than they would have been justified by fundamental data alone - that is, by the values of the underlying homes. From mid-March onwards, the prices of some of the largest real estate funds traded on the European stock exchanges fell, on average by about 10 percent. No one can say for sure that this is the case, but there are many good reasons to consider the second possibility. When the stock markets began to fluctuate in the first weeks of March, property prices were also affected showing to be part of this trend.Or rather, the prices of open real estate fund units in mid-March were even lower than they would have been justified by fundamental data alone - that is, by the values of the underlying homes. From mid-March onwards, the prices of some of the largest open-ended real estate funds traded on the European stock exchanges fell, on average by about 10 percent. But only for a short period of time. The lowest point in the price trend was between March 14 and 22, by the end of the same month the difference between stock values and house values was only seven percentage points. Since then, it only observes the upward trend in stock prices, resulting in a decrease in the gap. Throughout the first quarter, real estate funds have even achieved something that almost no other class of stock has been able to do. There was a record of a price increase. Although it is small, being only 0.3% according to the Scope rating agency statistics, it is still an increase. https://www.scopeanalysis.com/#search/research/detail/163332DEDE However, we are not communicating that there is a recovery, as it is very difficult at this time to create any prognosis for the future. Several factors and variables have to be analysed, such as how long the closure of hotels, restaurants, shopping centres, industries, offices will last, because the income from the funds comes from the tenants, as does the profit for the distribution of dividends to investors. Therefore, the decisive factor will be the financial aid from the state, from the banks and from subventions to strengthen the cash flow of companies and individuals. And how many companies and jobs will survive the crisis? Bearing in mind that most of the properties in the funds' portfolio are office, retail and residential properties. It is necessary for each one of us to understand the great importance of fulfilling the duty to pay rents, so that the funds can continue to show good numbers and remain active in the acquisition and arrangement of real estate for rent. Conclusion: Real estate continues to be an excellent investment option, both institutionally, in the case of funds, or privately, in the case of individual acquisition. However, it also and above all depends on the assumption of your contractual commitments to pay your rent or your loan. Because otherwise, we will all suffer the consequences of a collapsing economy and an unprecedented increase in unemployment. Text: Paulo Lopes
What will the corona virus crisis change?
What we have noticed at first sight is that while the stock market fell by 40%, the real estate market has simply frozen in the short term. This is due to longer periods of business or simply to the transaction of the real estate: it is common for a viewing of the property to sometimes take a few days or weeks to be scheduled, however consultations and exchange of information, requests for credit and finally scheduling a notary. All this takes time and as such the property is not as vulnerable to highs and lows as the stock market. This plays in favor of the property as an investment and will not cease to be so in the future, because the uncertainty is dangerous. The longer the property is exposed to comparison with the stock market and its ups and downs, the more it gains in the condition and confidence of the investor. As the old saying goes, "A bird in the hand is worth two in the bush". That is why we can say that (residential) real estate continues to have a stable business model. Unlike the car industry, for example, which has problems both on the supply side (lack of supply parts and employees) and on the demand side (buyers are absent due to shop closures and insecurity of income), while in real estate, for example rented out, the following applies: contracts remain in force and tenants' demand remains. Market trends The hotspots will continue to be hotspots, however the countryside, because it has more space for the ordinary citizen and lower acquisition values of a property, may become an alternative for those who live on the cramped coast in houses and apartments, in the search for a more spacious solution for the family. We doubt that, in the future, property with less than 80m2 will be property for a family, but we believe that new concepts of living in communities with extended common spaces and green areas will attract more and more young and lonely people of various age groups. The construction of new apartment units, as well as villas, will in the future undergo a rigorous pre-study of demand and a pre-analysis of location. Places close to large centres that were seen as comfortable because of their proximity to the workplace will be more difficult to sell, since there will certainly be greater preference for space and quality of life. In view of the large offer of real estate funds from bad loans which are being resold and which will now, more than ever, flood the market in the coming months which is mostly in these former strategic points. Political changes Political changes, which have always been desired by some, will now have a better chance of being implemented. Assuming that, as a result of real and perceived social distortions, the housing market of the future (!) will be more regulated, there may be a new property tax contribution or an income tax reform, generating increased revenues for the state, and certainly some reform of the property transfer tax will be postponed so as not to reduce income for the state. As far as taxes and the legislator's restrictions are concerned, such news is always bad news at first, but only in the short term. In the medium term: when restrictive policy measures want to influence the housing market, the result is, and always has been, a disinvestment in construction, thus increasing shortages. The shortage itself leads to higher rents and higher purchase prices, which then finally launch the new (privately financed) buildings again - but now again at a higher price level. The real estate sector is for long-term investors, not for the adventurous. Text: Paulo Lopes
What will be the short and long term effects of the corona virus crisis, on the property market in Portugal?
Short-term effects Based on information from Market Analytics of the CASAFARI website, 210,233 properties have been withdrawn from the national real estate market in the last 30 days. This is due in first line to the difficulty of payment of the advertisements by individuals and some real estate companies. In the same period 148,745 Properties entered, thus having a reduction in supply of more than 25%. 6,259 Properties went up in price, i.e. 30% of the Properties compared to the 16,812 Properties that went down. But in the same period 2,367 properties were sold and 1,699 more were reserved. But these figures reflect a structural break in advertising and not a real effect on price: presumably the low cost properties were taken away because the (digital) marketing effort now needed is not worth it in this case. In contrast, higher quality properties aim to stand out in price for their longevity in value. Medium-term effects: The dent Throughout the year, price developments will depend on GDP: the deeper and longer the recession, the stronger the price effect. Since a recession is inevitable, this also applies to purchase prices. In general, we expect a decrease in purchase prices in the coming months, which will probably be between 10 and 20 per cent. Rents will fall considerably less and probably only for a short period, then continue to stagnate, as was the case before the COVID-19 crisis. Long-term effects: Recovery in sight We believe there will be a sharp recovery in GDP in 2021, assuming that the recovery of tourism next year on new quality paradigms can bring better quality and added value tourism as was already reflected in the last two years.In the last five years alone (as the Observador reported on 12.11.19), the growth in the number of tourists in Portugal showed an upward curve, with a sustained increase in a variety of indicators, such as the number of hotel guests (from 17.3 million in 2014 to 25.2 million in 2018) or tourism revenue (from 10.4 billion in 2014 to 16.6 billion in 2018). It is enough to say that in 2018, the share of tourism revenues represented 8.2% of GDP and reached 18.6% of global exports. In 2019 (preliminary data), the tourist accommodation sector (Hotels, Local Accommodation, Rural Tourism and Housing Tourism) registered 27.0 million guests, which generated 69.9 million overnight stays, corresponding to variations of, respectively, +7.3% and +4.1%, compared to the previous year. We have a more differentiated export industry and less dependent on one or two markets. The National Statistics Institute advanced in January 2020 that exportations increased 4.2%, due to the two types of trade, "corresponding to a deceleration in relation to the previous month (+5.5% in December 2019)". Conclusion: In the coming weeks and months, the market will have to be monitored very closely. There may be individual "bargains" after the freeze and a sharp drop in purchase prices, but special attention should be given to the signs of an upcoming recovery in purchase prices. Above all we will have to prepare ourselves for the changes that will come in the future, in what matters most after this confinement to the customer. Because in a way there will be gradual changes in preferences. We won't all go right after the crisis starts at home! But more than in the past we are prepared and equipped for this, together with the experience of remote contact and curfew systems, the specific characteristics of our homes will therefore take on greater or lesser importance than in previous times. In addition to the location and equipment, these include above all the number of rooms and the presence of a large balcony, or better still, a private garden, as well as a large storage room.In this context, we believe that concepts and forms of housing such as micro-apartments and house-sharing will have to be re-examined and reviewed from a new perspective. Text: Paulo Lopes
Frozen prices in the Portuguese property market for now? How could the future of the real estate industry in Portugal be?
There is already a lot of talk about this Corona virus crisis, and opinions are as different as the codfish dishes in my country, they differ from region and political colour as well as from the flag interest of each one who talks about it.In our opinion, it will not completely disengage the real estate market in Portugal, neither that of other countries. In our opinion, it will not completely disengage the real estate market in Portugal, neither that of other countries. However, as happened after the 2008 financial crisis, it is very likely that gradual changes will take place. These changes will affect supply and demand, the main factors determining the price - whether it is the purchase price or the rental price. Let's start at the beginning of our review After 20 years of internal migration to the expanding cities, eight years of tourist immigration and second residence in Central and Northern Europe. Following a wave of Residence Visa Investment from China, Brazil, Turkey and the Middle East, demand in the real estate market has not slowed to date. Therefore, the lack of supply is still felt in the demand that rose in the months of January and February and that made the 1st Quarter of 2020 have an increase compared to 2019 (year of all records in Portuguese real estate) of 11.4% in real estate transactions. Portugal is the European country with the lowest average of new housing construction per 1,000 inhabitants, reveals a study by the German institute IFO, quoted by Jornal de Notícias on 17.02.2020. The study analyzed 19 European countries and found that in Portugal there is an average of less than 1.5 new dwellings per thousand inhabitants, while in Finland, Austria and Switzerland there are more than 6 new houses built annually per 1,000 inhabitants. On average, in Europe about 4 new housings are built per year per thousand inhabitants. Portugal, which is at the bottom of the table of 9 countries, goes along with Italy and Spain, a country that at the beginning of the decade was facing a sudden correction in the real estate market. Text: Paulo Lopes
The coronavirus was "the ignition of a major financial crisis"
The stock market is "virtual" and only those who invest in the real economy will be able to resist the new global financial crisis. The warning is from many Investment Gurus, who manage funds worth billions of euros worldwide. These Gurus warn that the environment of huge flows of available money will change. "There will be far less money and investors will look for safe assets". I think a good situation right now is not to have debt and invest in the real economy. Of course we're all going to feel the impact, but there's going to be a restart. It is not yet in 2020 that the market will slow down There is a sustained and healthy demand from investors, which is transversal to the different sectors, allowing various projects to be developed and transacted, from offices to housing, hotel and new concepts of 'living'. It will be a positive year for investment in hotels, which "could reach millions of euros". As many consultants say, "if everything in the pipeline were already closed, we would have achieved millions of euros in business today". The office segment will continue to be characterized by shortages. "There are 300,000 square meters of demand that will not be fulfilled in 2020. There's a lot of speculative office promotion missing. There will be a challenge to the creativity of the portuguese to find part of this demand. Until the construction of the projects starts and the promoters are able to take on dates to complete the projects, it's very difficult to enter into leasing contracts. It is necessary to give "guarantees to the companies". I give you the case of an American multinational that had a project to employ a thousand people in Portugal and has the process standstill for lack of adequate spaces. By 2020, and after this epidemic is over, prices are expected to rise in Lisbon, especially in the riverfront area. One of the segments with the greatest potential for growth will be student and senior residences. It is expected that in 2020, Portugal will have more than 60 thousand foreigners studying, with 15 thousand beds in pipeline in projects and approvals, but another 20 thousand will still be lacking, between Lisbon and Porto. In retail, luxury stores and shopping centres will be the protagonists of the year 2021. In Lisbon, the market is expected to be stirred up by the redevelopment of the Swiss pastry shop block in Rossio, which will impact the adjacent Praça da Figueira, "two squares in need of dynamism". In Porto, "Av. dos Aliados will finally establish itself as a luxury brand destination". The shopping centre market will see the inauguration of new retail parks by the end of 2020. In housing, the great trend of the year will match the needs of the market. Homes for the Portuguese middle class will start to emerge more strongly. "The market is essentially local. Foreigners account for less than 10% of sales in Lisbon and Porto, and the Algarve will have a greater trend". The Golden Visa is not the "bad wolf" of housing for Lisbon and Porto, despite what the government says. In Lisbon they represent less than 5% of homes sold and in Porto, until 2018, there were 37 Golden Visa. The Government and the City Council do not have a housing policy and therefore blame the Gold Visas. Of course it will have an impact on investors' perception of security, to conclude that there is a "high desire on the part of investors, both national and foreign, for alternative housing products, namely rental housing, senior residences and student residences, both in a development phase and as income assets". Let's not be afraid, but optimistic. Text: José Costa Sources: - APFIPP - Associação Portuguesa de Fundos de Investimento, Pensões e Patrimónios; - RANKIA – www.rankia.pt - Jornal de Negocios Image of Nattanan Kanchanaprat by Pixabay
The emotions and the pandemic
All we have to do is turn on the TV, wake up with some radio station as an alarm clock, refresh one of our social media, to be hit by a huge network of affections. Throughout the country and in every corner of the world, acts of kindness and gestures of friendship and love for one's neighbour are multiplying, and we want them to survive this pandemic. What we want is for these emotions is to overlap and last even in the face of the slightest sign of recovery. I would like to highlight the very common daily expressions of affection among neighbours... people who have never seen each other until now enjoy the possibility of singing, dancing, applauding and even singing congratulations to each other through their balconies. The shy young man who has become a Neighborhood DJ, the parish priest who walks around the town exclaiming words of encouragement and strength, the spouse of the noble nurse who, because she is on duty, finds herself deprived of her own, and who has decided to make her music play for about 12 streets to cheer the others, are some examples of what good has been tried to do for others. In our activity the exact same thing happens. The relationship with others has strengthened. The phone call is no longer merely commercial and informative, but gives way to a phone call of proximity, of offer and so often, only to be a listener. The email, previously methodical and pragmatic, now carries words of strength and hope reflecting a genuine concern for the other. Is there anything more beautiful in real estate than winning a friend in each client? The strengthening of these bonds is a win-win situation and so are we, as human beings. Between teams, now distanced by screens and technologies, the highlight of the teleworking day has become videoconferencing to replace the coffee break and phone calls have become daily... we miss each other and that is undeniable. Trust that once it is over open arms will be waiting for us. This is the greatest challenge for the future: the permanent institution of such beautiful feelings. All of us will leave this battle tired but also better professionals, more generous, richer in affections! Text: Lurdes Duarte Picture: Photo Mix by Pixabay
Casaiberia's opinion on the real estate market in the post-crisis period and at the present time!
Although the coronavirus pandemic is a human crisis, above all, it would be wrong not to give any opinion about it to our clients, about the implications it may have on the national and international real estate market, in the short and long term. We have understood over the last few weeks that now more than ever, clients need an honest assessment of the market. CASAIBERIA will continue to inform you about what is good and what may not be good in the purchase of a property by our clients and will help, as it has always done in the past, our clients to achieve the best possible terms in any purchase. That's why we thought we should go a little deeper into the Portuguese and international real estate market, which we have been studying carefully and not only since the beginning of the crisis, but for many years now. How was the national market progressing before the pandemic? According to some studies made in December 2019 the market was cooling down a little as a result of the rise in prices in the national real estate market. We are the country after the Philippines, where in the last quarter of 2019 prices rose more than in other countries worldwide. However, we are the fourth country in the list of those that were less indebted last year in the purchase of real estate, which means that the Investment is on the rise, and that in a certain way has not ceased to be relevant even with the Covid19 crisis. This trend is always based on a long-term strategy, which results in continued demand for real estate and investment in Portugal. This is said because the RICS and Confidencial Imobiliário study "The Portuguese Housing Survey", confirm this with the continued demand and increase in the months of January and February 2020. Therefore, no doubt it can be said that confidence and activity have returned throughout January and February. From our point of view the market will adjust a bit in prices, but in the long term the market will revive and within 12 months return to normal levels. Now what? The real estate market has reached a virtual standstill, that is, frozen because it lacks the possibility to be with the people and with whom it makes decisions in a personal way. We can't make viewings with the clients, but we show with our videos, who is like us confined, what awaits you. We have been doing business that was already underway, with the great help of our lawyers, friends and partners, whom I would like to thank in this way for their tireless support of our clients and their willingness to do deeds on behalf of the clients, who are sometimes confined abroad and who, with full confidence, let us handle everything on their behalf. Also a big thank you to the notaries and public notary who have been able to open their facilities for the realization of these businesses so important to us, CASAIBERIA, and our clients. And we continue to have demand and proposals from clients who have already been here or who have decided, based on the images and videos, to come forward with proposals to buy right after the crisis and move to our country. The same is happening with Investors, who have not stopped contacting us to analyze at this stage, how and when they will invest the capital they have available in a next real estate investment operation. During this phase of confinement and homework, CASAIBERIA and its employees have already managed to exceed the magic number of 500 properties for sale. This means that, from March 9 to April 16, with the help of the CASAIBERIA Team, we have managed to carry out 82 fundraisers taking into account that on March 9 there were 449 properties online and today there are 531 properties for sale. This is a clear sign that the market has not frozen, it is different and there are fewer people working, so we think that the time after the crisis will be the same, or little different, from the previous time for the Portuguese real estate market, and that if it does not normalize within the first two quarters, it will certainly return to normal after 12 months. Real estate investment is never, and never has been, in the short term but rather in the long term. A side effect of this pandemic is the return of many properties that were being rented, through the local housing scheme, to the long-term rental market. This will certainly bring down rental prices, but only this year, next year, they will return to the market again because seasonality will cause it, thus confirming our CASAIBERIA expectation that everything will normalise at the most within 12 months. Has COVID-19 already affected house prices? It is still too early to answer this question. However, the lack of product and the growing demand in recent years, combined with the delay in the licensing of works by municipalities and authorities responsible at the national level, may today be a very important factor so that there is no such brutal drop in prices as there was in the previous financial crisis. Therefore, we must realize that we are not in financial crisis, we are in Lockoff because of a pandemic, caused by a disease that spreads very quickly and especially affects the most vulnerable in our society! But it is also necessary to understand, so cold and rational, that derived from their age, their illnesses and other factors that make their immunity more limited than that of many others who overcome this disease. In reality, very few are investors or buyers of real estate, so it is only rational to resume that the age group that is currently less affected by the disease and will continue to follow their dream of having their own home, second home or simply investment to preserve their own lifestyle, that of their family and employees, will remain and with it their interest in investment. Property is an illiquid asset and housing prices are not subject to the daily fluctuations of the financial market. We assume, as CASAIBERIA, the idea that once the market reopens, there will be a time to discover the ideal price, because both sellers and buyers will need some time to digest this new situation. Once again it is necessary to assess that we are not in financial crisis, but in a Lockoff period to protect lives. The willingness to buy real estate will remain, because from the time of the stone man wants his own nest and his own walls, and it will not be COVID19 that will change this rudimentary and ancient instinct of human society. But the banks, who live off credits granted, will also reevaluate the acceptable level of risk. We CASAIBERIA with the meetings and brainstorming we've been having over the past few weeks hope that this will suppress transaction volumes in the first few months after the lockout. What will happen to housing prices? After all we can't, as CASAIBERIA, say what will happen with prices, because we don't have a crystal ball to look at. Nobody can predict at this time, or know the extent of the economic damage that COVID19 will cause, as well as all the effects that may be reflected in the markets. But we know that both the European Union, whose President Ursula von der Leyen was clear on this today, the Portuguese Government and all the other economic players in Europe want to secure their position and share in the international market, as well as employment and their multinational companies. We therefore believe, as CASAIBERIA, that in this area too there will be a necessary 12 to 24 months to return to normality. But we also see, as CASAIBERIA, some positive side effects, such as: the way in which Portugal is being seen in the international press, in matters of security and health safety compared with other countries in Europe. There is a change in the paradigm of employment at a distance, the environment and many other factors that may be beneficial to our sector. That said, this is our opinion, as CASAIBERIA and its team, on the real estate market in 2020. But everything has a worst-case scenario and we do not want, as CASAIBERIA, to ignore that possible scenario. Potential scenario: With rising unemployment many companies will seek to reduce wages - this will directly influence people's incomes and as a result there will be pressure on prices. However, this is all the trade unions don't want and the current government will seek to counter it! After large amounts of credit have been granted to companies to safeguard their workplaces and their activities, there will be an uncertain lending environment - will the banks impose stricter rules on the design of credits on individuals and companies, and will they be somewhat more conservative in their assessments? With economic losses already occurring in the international and national economy from the Lockoff phase for several months, there will also continue to be losses in the national and international economy as the world returns to normality after the virus. The IMF and other major international bodies are predicting the worst economic crisis since the Great Depression. We Portuguese know that the IMF has not always been right in its expectations, at least for Portugal. But even at best, we cannot fail to see the reality of the economic losses. Clearly they are going to be very significant and the recovery is no longer predicted in the same way, with a "V" shaped recovery curve, CASAIBERIA no longer considers it the most suitable. Text: Paulo Lopes
WhatsApp may limit the duration of videos
Most of us are in physical isolation from the rest of the world, so applications like WhatsApp are the only way to contact the outside world for many of us. To ensure everything continues to work properly despite the growth in traffic, the WhatsApp status option is temporarily restricted in some countries. Coronavirus is affecting us all in a number of ways. Most of us are in physical isolation from the rest of the world, so applications like WhatsApp are the only way to contact the outside world for many of us. To ensure that everything continues to work properly despite the growth in traffic, the Whatsaap status option is temporarily restricted in some countries due to coronavirus. With over two billion users worldwide, WhatsApp is by far the most popular messaging platform, so it is extremely important that it works flawless. It has recently become known that the load on servers in WhatsApp is almost as high every day as it is during the New Year festivities. Anyone who sends New Year's greetings via WhatsApp at New Year's Eve knows that it sometimes works but with a delay. So to prevent this from happening during the coronavirus pandemic, WhatsApp has already increased the capacity of your infrastructure. In some countries, the status function is now restricted to relieve the burden - as WABetaInfo reports: "WARNING: It will not be possible to send videos in Whatsapp if they are longer than 16 seconds: only videos lasting 15 seconds will be allowed. This is happening in India and is probably an initiative to reduce traffic in the server infrastructure". As a result, whatsapp video duration will be reduced by half in some countries around the world. Before we could record 30 seconds, now it is only 15 seconds. This should result in significant relief, without the function having to be completely eliminated. It is only a temporary restriction that will be removed when the situation calms down". Text: Rainer Beck Sources: Android Geek-Portal Image of HeikoAL, em Pixabay.
There are good international signs for the real estate market
Even confined, the French do not give up their ambition to invest in their real estate projects The end of the restraint as announced by President Francés Emanuel Macron for May 11th is already giving impulses that were mentioned and served as the basis for a study published this Tuesday 14th April by the Drimki property appraiser. Most French people do not give up on their real estate project, even during the confinement period they have maintained the idea of continuing with their ambition to invest in real estate. This is essentially what emerges from the study published and done by the Drimki property expert. In essence the study speaks of the period at the end of March, in which 15% of the French said they were committed and would not give up on a real estate project within the next twelve months. We need to know that we are talking about two percentage points less than in February, when there was 17% of French people who stated this position. But this drop in enthusiasm is relatively insignificant as to the period in which this study was done in the midst of popular confinement because of the Covid19. The study also confirms that in every six French respondents one of them has a real estate project in their drawer, or the ambition of carrying out the acquisition of a real estate asset in the next 12 months, despite the compulsory collection of the state of emergency, as Drimki summarizes in his study. https://infogram.com/confinement-et-projet-immo-drimki-al-1h7z2lg0pgjg4ow It is not surprising, but in a way it is a small surprise for those who know the subject, that the executives of the real estate promoters maintain the greatest enthusiasm for the success and development of their current and future real estate projects. In fact, it seems to us as a rock category of the population whose determination remains intact, despite the period that the economy is going through. Among the French who have not abandoned their real estate investment project (interviewed this time at the end of March), 40% are buying for the first time, 19% are investors who wish to buy a property to rent it and 8% are in search of a second home. Only 5% of respondents say they want to sell a house without buying another back. https://infogram.com/confinement-et-projet-immo-drimki-2-al-1hd12y0lxpnw6km
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