Is it the right time to buy? - Has the market touched rock-bottom? - What sort of market are buyers facing at the moment, if they want to buy? - In this scenario of oversupply, do I still need an Estate Agent? - Should I be sceptical about agents and developers? - In this scenario of oversupply, do I still need a Legal Adviser? - Can I get a mortgage in Spain, in this climate? - Are Repossessions as attractive as they seem now? - Is the currency exchange rate favourable? - Are there relocation services available to make moving easier? - How can The Spanish Brick help me if I am a home buyer or a property investor? - Is Spanish-Real-Estate.com an Estate Agent?

The Spanish economy in 2012 is not likely to improve according to the latest forecast of the Bank of Spain. The official 2012 forecast by Banco de España (Bank of Spain) predicts that the Spanish economy will shrink by 1.5% during the year and the unemployment rate will increase to 23.4%. Furthermore, the International Monetary Fund predicts that Spain will still be in recession for two more years because the negative G.D.P. will be 1.7% in 2012 and 0.3% in 2013.

If there is a clear indicator of the consequences of the economic crisis, it is in the immigration stats. In 2011, more than half a million people (507,000), left the country to find a place with more opportunities for a better life. Only 62,611 were Spaniards, whereas the rest (445,130), were foreigners.

Slowly, slowly, banks are disclosing their exposure to property credit risk and grounding to the real status of their spanish properties business. The Bank of Spain worked out six months ago that it could be 181 billion and now the banks have the word.

The new Spanish Prime Minister, the Conservative, Mariano Rajoy has taken the reins of the country in an attempt to straighten up the economy, and in particular, the property market, which is the cornerstone of the economy. The new housing policy which Rajoy wants to enlarge, will be focused on tax relief from property transactions and V.A.T. reductions. Also, Spanish experts have adviced that the new Government should address Tax exemption for REIT (Real Investment Trust).