Trans Lake in Kenyan Real Estate now is the Time to Buy!

If you are thinking of relocating to Kisumu, it may interest you to know what a buyers’ market is at this time. As we move into summer Kenya Real Estate generally starts seeing more sales, and that is what we are seeing. Trans-lake estate located only 4 kilometers from Kisumu Central business district, the apartments are of the latest architectural designs and going for very affordable rates. 

 

With all the issues in the national market and with the subprime mortgage crisis, there was some worry that the market would not heat up in the summer but sales appear to be on the increase. Buyers are seeing much better deals than they saw this time last year.

The economic outlook for Nairobi generally mirrors the Kenya forecast: local job and population growth almost outperforms the national economy. The Kenya survey conducted some years back predicts 3.1% job growth and the unemployment rate for December 2013 was estimated at 3.6%, down from 5.1% in the Nairobi area during October 2012.

Job growth is expected in Kisumu’s traditional strong employment areas, such as government, education, and health services. Kisumu is the third capital of Kenya and seat of Kisumu County, which makes government a major employer. Kisumu’s local, state, and centralized government employs more than 10,000 workers and that number is expected to increase. With the Maseno University and over fifteen other colleges within 30 miles, Kisumu will need more educators. Kisumu continues to employ many workers in the leisure and hospitality industry, and large NGOs like healthcare employers are expected to add workers in the near future. With the high quality of life and the increasing population, Kisumu should see positive job growth through 2015. 

The quality of life and entertainment opportunities are another reason that Kisumu is a bright and thriving city with a diverse cultural scene. Kisumu is rich with fishing, farming, theaters, live music venues, tourist attraction areas, excellent restaurants, and unique shopping centers, friendly and lovely people. Population growth in Kisumu is driven by the high quality of life in the region, with the area being ranked as a top destination for relocating singles and families.

Buying and selling of Kenya properties within Kisumu can be overwhelming so an experienced realtor that will provide you with information, but won't pressure you is advisable. They currently have over 4,000 properties to choose from in the Kisumu, Kenya. 

Visit www.kenyan-real-estate.com for more on this.