Keith’s Zoom Session 17-March-2024 As we lumber towards spring, the real estate market shows no signs of taking a clear direction, with some data seeming to suggest a recovery of sorts, pointing to 17% increase in sales from same period of February last year. Alas, as with much data, you have to handle with care. […]
Keith’s Weekly Property News Fabruary 25-2024 A few more weeks in the property market downturn of Turkey have passed without much new to be said on the subject. As of this date, it seems that property prices are 10-15% off of their highs a year ago, and perhaps things will settle at 20% down before […]
Keith’s Weekly Property News November-12-2023 Even though the Indian Summer continues well into November here in Turkiye, on the property front it is beginning to feel distinctly frosty, maybe even winter-like. As noted in several past zoom notes, transaction numbers for many months back to back are markedly off pace from last year. Where transaction […]
Keith’s Weekly Property News October-29-2023 Due to a sudden influx of last minute CBI-ers I will keep it light again this week. So, let’s start off with the CBI program. There certainly has been increased “chatter” about possible changes or abolishment. As always, I really dislike speculation, and I certainly have heard nothing official. However, […]
Keith’s weekly property news October 15-2023 Sales figures were down 16% in September from last year. That is several months with this continued trend and likely more to come, without much doubt. Secondary cities such as Izmir and Kocaeli, and probably a few others, showed pretty robust numbers in spite of the general downturn. As […]
Keith’s weekly Zoom session October 1-2023 Current state of the market. As always, a few comments here are warranted. There is no doubt now that we are in the middle of a downturn, slump, or “pullback”, whatever you want to call it. The only questions are how long it will last and how deep will […]
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