Real estate market in Latvia dropdwon and rise

In fall of 2007 in August Latvia experienced economical crisis because of bubble in real estate market. By then loans had grew so big Latvian economics couldn't handle them and broke.

The fall was hurtful, but then followed the rise, as predicted.

So, what is the situation now in Latvia real estate market? Read further.

Present real estate market in Latvia

In present situation of real estate market it has not fallen nor seems it will go away, but the question stay - What is the now situation? Answer can be found here.
For readers teasing, these are top five cities in Latvia to buy real estate.

• Rīga - 49%
• Jūrmala - 33%
• Babīte - 4%
• Ozolnieki - 2%
• Mārupe - 1% 

What are the reasons for Riga the capital and Jurmala being so top in rankings?
Want to know more? -Read the article! Click here.