Forced auctions in MV: increase by 15.4 % in the first half of 2023
Forced auctions in MV: increase by 15.4 % in the first half of 2023
growing forced auctions in Mecklenburg-Western Pomerania: A worrying trend
The forced auctions of real estate in Mecklenburg-Western Pomerania increase alarming, but not only the owners concerned, but also the entire community. In the first half of 2023, the district courts recorded a total of 195 foreclosures, which corresponds to an increase of 15.4 percent compared to the same period last year. This is part of a higher -level trend that shows nationwide where the number of forced auctions has increased by 8.3 percent to 6,909. This development could have far -reaching effects on the regional economy and the real estate market.
causes: economic uncertainty and high interest rates
The reasons for this increase are diverse. Experts from ARGETRA, a specialist publisher who regularly evaluates the data of the almost 500 local courts in Germany, mainly call the weak economy and the continued high financing interest. These factors mean that more and more people have difficulty using their mortgages. Many households are currently particularly affected that are already in financial difficulties.
national perspective: a worrying signal
2023 marks a turn, because in Germany more real estate has been auctioned out for the first time in years. A total of legal proceedings for 12,332 properties, including houses, apartments and land, were opened. This exceeds the number from the previous year, when 12,077 properties were foreclosed. This nationwide phenomenon indicates a greater economic problem that could continue to burden the purchase and rental prices.
The forecast: Another increase in sight
The consequences of this development are to be taken seriously. ARGETRA predicts that the number of forced auctions could exceed the 14,000 mark in the current year. This could bring economic upheavals for Mecklenburg municipalities and their residents, since a high number of auctions can destabilize property prices and thus represents an additional burden for potential buyers or tenants.
Conclusion: Need for support and solutions
In view of these alarming numbers, it is crucial that both local and national political decision -makers take measures to offer the affected households. This situation requires urgent solutions to minimize both social and the economic effects of these forced auctions and to ensure the stability of the real estate market. In the community, a constant dialogue is needed to find ways of how the people affected can be helped without suffering from the entire society.- Nag
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