Real estate agencies fall victim to slump in property market

Anyone with a property for sale will tell you: houses are taking much longer to sell. There is a lot of choice but prices are still way above the limits of most budgets and buyers are taking months to make their minds up. For numerous real estate firms the situation has ended up getting the better of them and agencies all over the province of Malaga are closing down. If fact now, two years after the end of the boom, there are 40 per cent fewer real estate agencies open in the province.There are plenty of factors causing the industry problems, the main one being the saturation of the market.