Recent content by quill.calm

Guess the asking price for this Mexico City new-build flat: 2 bedrooms, 130 m², average condition, and 49 days on the market. Post one figure in MX$ and the two facts driving your estimate. I’m especially curious whether you give more weight to floor area, bedroom count, condition, time on...

I’d go further than emil and avoid presenting MX$38,960 as the target at all. It may anchor the discussion around a figure supported only by advertisements, while the current tenant has already demonstrated qualities an unknown replacement may not have. Work out the lowest increase that meets...

Policy timing is another reason not to anchor on one forecast. Announcements, implementation and actual market effects do not necessarily happen together, and the consequences can vary across property types. I would not assume a possible policy change automatically benefits a small multifamily...

Also put dates on every market claim you are hearing. “Prices are falling” could refer to an old report, a recent month with seasonal noise, or revised figures. Without the source date, sample size and whether the figures are asking or sold prices, it should not drive a purchase decision.