Välkommen! Welcome to Sweden
The kingdom of Sweden is the largest country in Scandinavia with a population of
9 million people. The size of the country provides great climate and seasonal
variations throughout the year. Sweden has one of the most extensive welfare
systems in the world and Swedes are among the world's top computer and Internet
users. The country's economic strengths include high-tech industries and
automobile production, such as Volvo and Saab. During the summer of 2001, a new
bridge connecting Sweden to Denmark will be opened, allowing direct connection
to the rest of Europe by car. Most Swedes are fluent in the English language,
and they are very open-minded and friendly. Clean air and water, right of common
access (allemansrätt), the archipelago, Pippi Longstocking, ABBA, Ingmar Bergman,
August Strindberg, Absolut Vodka, Björn Borg and the Nobel Price are just a few
distinguishing features of Sweden.
Real Estate in Sweden
The Swedish Real Estate industry is very stable with annual sales of 130,000
homes. The average price of a house is USD $120,000. The quality of houses is
very high: first, because of the climate and laws regulating constructors, but
also because the people of Sweden invest more than 30% of their income on
housing. During the last two years, prices have increased by more than 20%. At
the same time, mortgage loans carry an interest rate of approximately 5% on a
time limit of 40 years. Government regulations and controls of the real estate
industry are very strict. In fact, a two-year university course is required in
order to become a licensed broker.
About ERA in Sweden
ERA Sweden started operations in February, 2000. The management team brings a
vast experience in the real estate industry which, combined with the ERA System,
makes the goal of reaching 25% market share within 5 years very realistic.
Current consumer demands for an international network such as ERA make the
timing of ERA Sweden perfect. ERA Sweden knows that the system and education
provided to ERA brokers will give clients the best reason to choose an ERA
broker. |
