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Observations on the current real estate market

Interest rate trends Since the start of the global financial crisis at the end of 2007, interest rates have fallen continuously since 2008 and the key interest rate of the ECB has remained at 2016% since 0. In the past, the low interest rate, especially in the metropolitan areas, had created a huge demand for real estate, while the supply side stagnated or even decreased. Although there was still...

40 years of KRAFT Immobilien GmbH…

On the occasion of the anniversary of KRAFT Immobilien, Helmut Schlotawa and his team invited to a company event at the PANTHEON in Bonn-Beuel on Monday, November 21st. Almost 400 guests met in the cabaret theater and were treated to a colorful program of music and cabaret, moderated by Rico Fenoglio. The local heroes Litzmann and…

Heating & ventilation - social explosives for the next few months

If I look out of my kitchen window in the morning, I see the windows of the apartment opposite. You can see layers of ice on the inside and extremely damp, no, wet windows. The residents are not willing or able to at least dry the windows from the inside, apparently there is no heating at all. When the first mildew or mold stains are visible...

Bonn local politics - for shopping in Siegburg or Rheinbach

Since the coalition of SPD, Greens, Left and Volt took office, the Bonn GA has had a lot to do. Not a day goes by without articles appearing, some benevolent, some critical of the disastrous conditions in the city. The ubiquitous chaos primarily affects transport policy, which is characterized by planning errors and communication debacles. The partial closure of the city ring road, closures...

The traffic light and future housing policy

After we had speculated in our last newsletter in September before the federal election about which building and housing policy ambitions would be implemented by the parties or the conceivable coalitions, we now know a little more. But really only a little, although for the sake of fairness it must be said that coalition agreements per se are rather nebulous ...

The madness has a name: GDPR

In February of this year the following little story happened: We received an official letter from a representative of the LDI NRW (State Commissioner for Data Protection and Freedom of Information North Rhine-Westphalia). A Mr. Pascal G. had contacted the authority and complained that he had received an unsolicited newsletter from us on November 07.11, 2019. Newsletter in the double opt-in procedure - secure ...

KRAFT Immobilien informs: Renovating apartment buildings with a WEG

In many apartment buildings, meaningful renovation measures are often delayed. Money is usually not the problem at all, but rather many different interests in the household. But those who are well prepared and actively approach the house community have a good chance of convincing them to renovate. Professional property managers know the problem: When it comes to renovation, it often becomes ...

Current m² prices for houses in Bonn and the Rhein-Sieg district

The market reports on real estate, which are mostly published annually, have the disadvantage of working with older data that do not reflect the current status. For this reason, we examined the results of the largest real estate databases for over a month and examined the current offers with regard to the m² prices called up. For city districts, selected districts and communities in Bonn and the ...

On the federal election - an overview of the party programs for renting accommodation

In Germany there are around 4 million private landlords who rent around 60% of the available living space and make up around 5% of the total German population. For most private landlords, renting is just an extra income or a security for old age. 45% achieved net income from 0 to 4.999 €, only 19% were the ...

Berlin and the nationwide rent cap

Who would not have seen this coming, the Constitutional Court actually overturned the Berlin rent cap in the spring. Although the highest court ruled only formally because the Senate was not responsible, it can be assumed that the experiment might be successful in terms of content. The reactions were to be expected: “Shame”, “Scandal” resounded from the Berlin town halls. Fun…