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Apartment for 15 euros per day

Christine Boutin, Minister of Housing likes the idea of selling at 15 euro / day. You probably already know the house selling at 15 euros per day by separating the frame of the land. Christine Boutin now embarked on the promotion of apartments for 15 euros per day. The goal meet the developers and boost sales of new homes by making a small operation com.

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Pret housing the deputies in the crosshairs

Did you know? French MPs and their assistants have many advantages, including the power eligible for a mortgage at a rate of 2%.

But since last week over rumors about a possible challenge to this benefit on home loans. So info ou intox?

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Estate Prices Rebound in November

The property prices have rebounded in November with a small 0.5% for the FNAIM. As is often the price of apartments rose by 0.9% longer than the home prices rose only 0.1%. But according

FNAIM this rebound is not sustainable ...

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Estate Decline Effect of TEPA Credit

Le Figaro has just announced that the government had estimated the effects of TEPA on the real estate market. The estimate made on the property market showed that property prices have declined 4% if the TEPA had not come into force. Indeed, the main measure of this law was the deductibility of a portion of the interest mortgages. This measure has had a mechanical effect on property prices.

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estate decline year-end rebound in real estate

The see their mortgage rates to fall in this season, it's time for gifts.

Over 20 years, the average rose from 5.25% to 5.15% between December and November. Good news for the housing market is struggling to finish the year without a further decline in housing prices .

Buyers seem unresponsive to this lower interest rates , it must be said that banks have tightened their criteria and a year ago the rate was still 4.85%. The ECB would further lower its key rate and the buyers are smart and wait.

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Credit uk

The housing crisis has hardened in recent months in the United Kingdom with declines in real estate well above those at the beginning of the year. And yet?

Yet rate mortgages are at their lowest. Then the market just know are the first positive development since almost 1 year. The number of mortgage between September and October increased 10%. In contrast to a year down the number of credit remains above 50% with -52%.

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down real estate transaction at 25% -20%

The housing crisis is confirmed in France. The managing director of the FNAIM has announced his fears. For him the fall of transactions should be 20 to 25% between 2007 and 2008.

For property prices, the Delegate-General considers that it should be around 5% over 2007.

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anti-crisis measures Sarkozy estate

Nicolas Sarkozy has announced his anti-crisis measures including housing crisis.

2 measures have been put forward for housing market: the zero-interest loan and demand structures of the state of 70,000 homes.

So good news?

One is good, the second, in fact, the State will support its application by the real estate market, construction and property development. A crucial point for employment and the French GDP. It is also necessary that this be put into operation rapidly.

The maximum interest loan will be increased and this is not necessarily a good idea. Indeed, only households in precarious situations can have this ready so that more attractive for households struggling to borrow. Not terrible is not it? We rebuild a helping subprime? And banks will they accept to pay the rest? This measure is less good.

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ECB rate cut history

The ECB has decided to tackle the financial crisis and recession European to take the bull by the horns. Today, Jean-Claude Trichet announced a reduction of 0.75 basis point its main policy rate. Previously reluctant to lower its rates because of inflation, the ECB chose to take a radical position.

So we can assume that in all this, the mortgage should pick up slightly in early next year as long as banks back to business and this impact on their interest rates.

Good news for the housing market. Certainly it will not find the path to higher right now, but it should at least limit the risk of real estate crash.

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Nexity provides a drop Construction

CEO of Nexity announced his fears for the year 2009. Indeed for him, the construction sector could see number of dwellings constructed halved.

It may be a message sent to our Head of State's cooking now a recovery plan for the sector Construction of the . Nexity hope the President announces a cut in VAT for buyers eligible for welfare plans.

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U.S. real estate crisis

A little time to take stock of the U.S. housing crisis . Offers challenges in one of his videos zoom in on the city of New York often the symbol of the power of the U.S. real estate and success.

The real estate crisis in New York
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Nicolas Sarkozy sees a 20% decline in real estate

"operation 30,000 housing starts a price decline of around 20% "

That phrase Nicolas Sarkozy, who sees the real estate crisis means to become the French owner.

Yet such a drop in real estate will have far-reaching implications. So to compensate for the Head of State promised the introduction of measures to support the construction and real estate.

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Fall of property in France

The end of 2008 looks like the whole year if not worse. Why?

sales figures for housing collapse gradually. MEEDDAT has announced the sales decline of 44% over one year. For their part starts are not better with a decline of 20.6% over the past 3 months! The end of the year is difficult and so it was hard to see France enter the housing crisis I think now it's done. The good old days of the housing bubble is far away.

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HSBC sees a decline in real estate until 2010

HSBC sees red at the end of 2008. Indeed, for Helen Lemoine specialist real estate market, housing prices are not ready to return to the upward paths.

Several reasons: falling sales, falling prices, rising unemployment, credit conditions ...

House prices New expected to drop 5% in 2009 and 7.5% in 2010. The specialist said that these reductions are enormous because at the last real estate crisis, the maximum annual decline was only 2.4% in 1994. Nothing good for years to come then ...

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drop in real estate sales

home sales fall sharply in France. So players property market in France suffer the consequences.

Real estate agencies are undergoing real estate crisis. Thus, more and more of them put the key under the door and others heading towards bankruptcy.

Industry representatives believe that their number is expected to decline 10 to 15% in 2009. It is true that for 10 years the number of branches has increased by two and the sector has not improved in quality. With the housing bubble recent years many have improvised sellers of real estate. While declining quality, funding crisis and falling real estate prices, it is time to purge.

See article: Lower transaction worries estate agents

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Laforet predicts strong decline in real estate salesman in Miami

The financial crisis is wreaking havoc and could well turn into a housing crisis. Laforet estate provides an end-2008 difficult.

The decline this year could reach 15%. Indeed for this group of estate agents would decrease the translation of the margins of negotiations that currently exist (15-20%).

For 2009, the group provides a stabilization of the decline after the steep decline in late 2008.

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With the U.S. housing crisis and the favorable exchange rate for Europeans, more and more buyers will make purchases in the U.S. including Miami. Enough to make the happiness of the French real estate salesmen who have moved there.

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Lower real estate in the United - Kingdom

In the United Kingdom, property prices do not stop falling since the beginning of the year and financial crisis does not help anything.

In October, housing prices fell 2.9%! An abyss ...

And now a year down the real estate was 7.1% overall.

However, financing conditions are the best since the base rate is the lowest since 1955!

Unbelievable.

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FNAIM: Lower real estate confirmed redundancies in France

The financial crisis wreaked havoc in many areas but the finance and real estate are at the forefront. Result, in France where the real estate market resisted rather well house prices are falling.

A falling house prices confirmed by the figures of FNAIM. In October, the agency noted a general decline with -1.2%: -0.8% to -1.6% for apartments and houses. Long ago that prices in France had not experienced such a decline.

Unfortunately the housing bubble is not yet ready to plug its leaks. Buyers have many understood and subject to the law after several years of vendors, it is they who are now in the final negotiation. The decline seems to be sustainable as far as 2009 is already announced as a sharp drop.

See article: The Fnaim confirms the decline in property prices in the old

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Foncia

In financial crisis, Foncia is facing difficulties. Foncia thus realizes redundancies sometimes abusive to view this story. But without unions, employees Foncia can not defend themselves. The crisis seems to address the real estate agents.

The redundancies in Foncia
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