I had the pleasure of sitting down with Diðrik Stefánsson, a realtor in Reykjavík, to talk about the real estate market in Iceland. His nickname is Diddi and that is how I refer to him during the interview. This topic fascinates me for many reasons. The main one is that there is a lot of confusion and curiosity about the process of renting or buying in Iceland.







I decided to reach out to Diddi because he has been sharing his knowledge about the process on Facebook in groups that we are both a part of, including Americans (U.S. citizens) living in Iceland. I could tell that he is passionate about his job and about helping others who want to rent or buy in Iceland. When I reached out to him about being on the show, he was happy to participate.



Here Are The Questions I Asked Diddi About Icelandic Real Estate:



Why did you decide to start
working in real estate, and how long have you been a realtor in Iceland?Iceland was riding high before the
economic meltdown in 2008. What is the real estate market like now?What is the biggest challenge
Icelanders face when looking for a place to buy or rent?Each year it seems that renting in
Iceland keeps getting more expensive. Why is that?There is a lot of construction
going on in Reykjavík. There are new apartment buildings, hotels, homes, and
store fronts popping up. Do you think all of this is sustainable or do you
think the housing bubble in Iceland will potentially burst?What is a surprising fact or facts
about the real estate market in Iceland that people outside of Iceland wouldn’t
know?What is the process like for non
Icelandic and non EEA citizens to buy property in Iceland?What advice do you have for first
time home buyers in Iceland (Icelandic and foreign)? What is your favorite property
that you have rented or sold?What is your favorite Icelandic
word or phrase (doesn’t have to be related to real estate but it can if you
want)?If people have questions about
renting or buying a home in Iceland and want to talk to you, how can they reach
you?



Diddi's Contact Information



Email: diddi@fastlind.is



Phone Number: +354-647-8052



Facebook: Diðrik Stefánsson







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Thank you kindly for listening (and reading) and see you soon!