| A sharp jump in activity may occur in the real estate market of Azerbaijan. Nusret Ibragimov, general director of consulting company MBA Group, says that presently many potential sellers and buyers of real estate took a waiting position in anticipation of future simplification of mortgage lending in the country.
"Expectations have led to a decrease in market activity. In the event that the country simplifies mortgage terms and increases minimum level of credit up to AZN 100,000 against current AZN 50,000, at least a 20% increase can occur in the activity of the real estate market," Ibrahimov said...............................................Full Article: Source
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